Blackstone Expands Leadership Team in Growing Private Credit Business

Blackstone

NEW YORK – January 10, 2023 – Blackstone (NYSE: BX) today announced that Brad Marshall, who has been leading the firm’s direct lending efforts for nearly 17 years, has been promoted to Global Head of Private Credit Strategies (PCS), adding to his role as Chairman and co-CEO of the firm’s two business development companies (BDCs), Blackstone Private Credit Fund (BCRED) and Blackstone Secured Lending Fund (NYSE: BXSL). Jonathan Bock, formerly the CEO of Barings BDC and a top ranked Equity Analyst at Wells Fargo, has joined the firm to serve alongside Brad as Co-CEO of the firm’s BDCs.

The new leadership roles correspond with the significant expansion of Blackstone Credit, where total assets under management have grown 135% over the past five years to $234 billion. PCS makes up approximately half of Blackstone Credit’s business today and includes the BDCs.

Dwight Scott, Global Head of Blackstone Credit, said: “Blackstone Credit and our BDCs have seen extraordinary growth over the past five years. Elevating Brad and adding Jonathan to our leadership team will help us continue to meet the strong customer demand for private credit strategies globally. Our BDC portfolios have broad exposure across sectors, comprising primarily senior secured, floating rate debt, and we believe they are well positioned for the current environment.”

Brad Marshall said: “Jonathan is a long-time friend and an exceptional thought leader in the BDC space, and I’m delighted to have his partnership as we continue to expand our business. Blackstone Credit’s tremendous growth in the last five years, when combined with the secular shift towards private credit and a very attractive market opportunity today, create a platform design that will benefit from Jonathan’s knowledge and experience.”

Jonathan Bock added: “Blackstone is a global leader in private credit and a company I’ve long admired. I’m excited to join the world-class team and help build on the successful platform they’ve created.”

Jonathan Bock Bio:
Prior to joining Blackstone, Jonathan was CEO of Barings BDC. In addition to this role, he served as Co-CEO and President of Barings Private Credit Corporation, and Chief Financial Officer of Barings Capital Investment Corporation, Barings Corporate Investors, and Barings Participation Investors. Prior to joining Barings in July 2018, Jonathan was a Managing Director and Senior Equity Analyst at Wells Fargo Securities specializing in BDCs. He has actively followed the BDC space since 2006 and was the chief author of a leading BDC quarterly research publication: the BDC Scorecard. Jonathan holds a bachelor’s degree in finance from the University of Illinois College of Business and is a member of the CFA Institute.

About Blackstone Credit:
Blackstone Credit is one of the world’s largest credit-focused asset managers, with $234 billion in AUM. We seek to generate attractive risk-adjusted returns for our clients by investing across the entire corporate credit market, from public debt to private loans. Our capital supports a wide range of companies across sectors and geographies, enabling businesses to expand, invest, and navigate changing market environments.

Contact Info:
Kate Holderness, Blackstone
Kate.holderness@blackstone.com
646-482-8774

Categories: People

IK launches Benelux and UK Development Capital strategy and promotes five to Partner

IK Partners

IK Partners (“IK” or “the Firm”), a leading European private equity (“PE”) firm, is pleased to announce that it has launched its Development Capital strategy in the Benelux and UK. The Development Capital pool sits within the IK Small Cap III Fund and invests between €10 million and €25 million in minority or majority situations to support growing businesses across the Firm’s core sectors of Business Services, Healthcare, Consumer and Industrials.

The Development Capital strategy in the Benelux will be led by Frances Houweling, who has been promoted to Partner and is based in IK’s Amsterdam office. She joined IK in 2013 and previously sat within the Benelux Small Cap team where she was involved in a range of transactions, including the recent 2Connect and Plastiflex transactions. Frances is also Chair of the Dutch Committee for Level20.

The strategy in the UK will be led by Simon May, who joined IK in 2020 and has also been promoted to Partner. Simon previously sat within the UK Small Cap team where he was involved in both the Forthglade and DA Languages transactions.

In addition, IK is delighted to announce three further promotions to Partner across the Firm’s Paris, Stockholm and Hamburg offices:

  • Morgane Bouhenic – Small Cap Investment Team, Paris
  • Henrik Geijer – Small Cap Investment Team, Stockholm
  • Joachim Dettmar – Operations Team, Hamburg

Christopher Masek, Chief Executive Officer at IK, commented: “Reflective of the continued growth and success of our Firm, it is with immense pride that we have promoted five exceptional colleagues to the partnership in recognition of their achievements and longstanding commitment to IK. These individuals display significant potential to carry on delivering outstanding results for investors and drive numerous value creation initiatives within our portfolio companies.

We are especially thrilled to have Frances and Simon as our first Development Capital Partners in the Benelux and UK respectively. These are among the largest PE markets in Europe, so this is a logical next step for us as we continue deploying funds across our successful investment platform with a presence in key markets across the continent. We believe their experience, both at IK and prior, coupled with their broad professional networks, will position the Development Capital strategy for considerable success in the future.”

Frances Houweling, Partner at IK, commented: “The launch of Development Capital in the Benelux is a natural progression for IK as we aim to increase our presence in these important markets for the Firm. I look forward to being a part of the growth of this strategy throughout 2023 and beyond.”

Simon May, Partner at IK, commented: “I am delighted to be launching our Development Capital strategy in the UK, leveraging the success of the strategy across Europe and the Firm’s growing presence in the UK market. We aim to build on IK’s position as the leading investment partner for Europe’s small and medium-sized businesses.”

For further questions, please contact:

IK Partners
Vidya Verlkumar
Phone: +44 (0) 7787 558 193
vidya.verlkumar@ikpartners.com

ENDS

Frances Houweling

  • Frances Houweling joined IK in 2013 and is the Partner responsible for the Development Capital Investment team, based in Amsterdam.
  • She specialises in the Healthcare sector and has been involved in several transactions across the Benelux region.
  • Prior to joining IK, Frances worked at J.P. Morgan, having gained an MSc in Finance and a BSc in Economics from the University of Groningen.

Simon May

  • Simon May joined IK in 2020 and is the Partner responsible for the Development Capital Investment team, based in London.
  • Sitting within the Industrials sector team, he is jointly responsible for portfolio investments across the UK.
  • Prior to joining IK, Simon was a Partner at Graphite Capital in London and began his career with PwC, having graduated from the University of Bath with a first-class honours degree in Mathematics.

Morgane Bouhenic

  • Morgane Bouhenic joined IK in 2017 and is in the Small Cap Investment team, based in Paris.
  • Sitting within the Healthcare sector team, she is jointly responsible for portfolio investments across France.
  • Prior to joining IK, Morgane worked at Bridgepoint and L.E.K consulting in Paris and Boston. She holds an MSc in International Management and Strategy from HEC Paris and a CEMS degree from the VSE University of Prague.

Henrik Geijer

  • Henrik Geijer joined IK in 2019 and is in the Small Cap Investment team, based in London.
  • Sitting within the Healthcare sector team, he has substantial transaction and board membership experience.
  • Prior to joining IK, Henrik worked at Adelis Equity Partners in Stockholm and with the Bank of America Merrill Lynch. He holds a BSc in Economics and Business Administration from the Stockholm School of Economics.

Joachim Dettmar

  • Joachim Dettmar joined IK in 2019 and is in the Operations team, based in Hamburg.
  • He has extensive experience in management consultancy and PE and is responsible for the operational optimisation and support of portfolio companies.
  • Prior to joining IK, Joachim was a Partner with H&Z and LEK Consulting, having gained a PhD in Applied Mechanics / Engineering from the University of Stuttgart.

About IK Partners

IK Partners (“IK”) is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €14 billion of capital and invested in over 170 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit www.ikpartners.com

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KKR appoints Harald Dürr to lead its family capital client business in the DACH region

KKR

• Harald Dürr joins KKR’s Client and Partner Group as Managing Director for the DACH region  leveraging over two decades of experience to further promote KKR’s offering to family offices

• Appointment reflective of KKR’s continuous efforts to grow its Germany-based team and strengthen presence in the DACH region

Frankfurt, Germany, 5 January 2023 – KKR, a leading global investment firm, has appointed Harald Dürr as a Managing Director for KKR’s Client and Partner Group (CPG) to lead the firm’s Family Capital client business in the DACH region. In his role, Harald Dürr will focus on promoting KKR’s offering for family offices and further contribute to the positioning of KKR in the DACH region. He will also be part of KKR’s Family Capital team in EMEA, which the firm established in 2014 to build long term trusted relationships with wealthy families and business owners.

Harald Dürr spent over 25 years at Deutsche Bank, where he held various senior leadership roles and was responsible for family capital, most recently as Senior Relationship Manager and Managing Director in Frankfurt. In these roles, he focused on complex client situations and became a trusted advisor to some of the bank’s largest clients, including family offices, entrepreneurs, and business owners. He was also responsible for the bank’s increase in market share among Germany’s Top 500 families. He previously served as Advisory Board member of two German Mid-Cap companies, where he also advised an international family business on their German holdings.

Christian Ollig, Partner and Head of DACH at KKR and Steven Bayly, KKR Head of the Client and Partner Group in the DACH region, said: “We are delighted to have Harald Dürr join our growing team. Harald’s extensive track record in advising family offices and entrepreneurs will be an excellent addition to our Client and Partner Group in the DACH region. We are excited to have someone of Harald’s calibre join the team to lead KKR’s relationships with this special investor group as we continue to strengthen our footprint in Germany.”

Harald Dürr, Managing Director, CPG at KKR in Germany, said: “I am thrilled to become part of KKR’s team in Frankfurt. I look forward to leveraging my experience, knowledge and network across the German wealth management market to further help promote KKR’s extensive offerings in the DACH region as well as attract new investors in the growing sphere of family capital.”

Harald Dürr’s appointment is part of KKR’s continuous efforts to grow the team in the DACH region and follows a number of recent appointments to KKR’s Client and Partner’s Group, including that of Hagen Raab as Director in 2018 and Steven Bayly as Managing Director in 2021, as well as Moritz Mondovits, who joined KKR as Principal alongside Hanna Kunzmann, who joined as an Associate in 2022. KKR’s Client and Partner Group is responsible for supporting and interacting with KKR’s Limited Partners and continues to diversify KKR’s client base to include new investors across all regions and institution types. By increasingly expanding its capabilities in this field, KKR aims to address the growingimportance of family offices and introduce them to the full range of KKR’s investment opportunities.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

Media Contacts KKR

Germany

FGS Global Thea Bichmann

Mobile: +49 172 13 99 761

Email: kkr_germany@fgsglobal.com

 

Emily Lagemann

Mobile: +49 160 992 713 35

Email: kkr_germany@fgsglobal.com

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Tatsuo Tanaka Appointed as Japan Chair to Apollo

Apollo
Appointment Part of Apollo’s Continued Buildout in Japan and Long-term Commitment to Providing Fixed Income Replacement and Alternative Investment Solutions for the Japanese Market

NEW YORK, Dec. 26, 2022 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Tatsuo Tanaka has been named as Japan Chair to Apollo. Mr. Tanaka is a 50-year veteran of the banking and finance industry in Japan, having held various senior positions in leading financial institutions, including as Deputy President of MUFG Bank and Mitsubishi UFJ Financial Group, Chairman of Union Bank and, most recently, Chairman of Citigroup Japan. Mr. Tanaka’s appointment reflects Apollo’s continued growth in its asset management and retirement services businesses in Japan.

“This new role is a reflection of the importance we place on Japan and the growth opportunities we see in the country to provide fixed income replacement and other alternatives to Japanese institutions and retail investors,” said Apollo CEO Marc Rowan. “Mr. Tanaka is a highly regarded leader and, in chairing Apollo’s Japan business, he will help drive our strategy to partner with Japanese institutions and savers to evolve their asset allocation toward alternatives.”

“I am optimistic about the growth potential of alternatives in the Japanese market and the role they can play in helping to meet long-term retirement income needs. Apollo has built an incredible franchise over 30-plus years delivering downside-protected, excess yield to investors. It is a privilege to serve as their Japan Chair as we bring Apollo’s expertise to new institutional partners and individual investors across the country,” said Mr. Tanaka.

The appointment of Mr. Tanaka is another important step in Apollo’s recent expansion in Japan. Earlier this year, Sumitomo Mitsui Trust Holdings and Sumitomo Mitsui Trust Bank (collectively, “SuMiTRUST”) committed US$1.5 billion to invest side-by-side with Apollo and Athene in a proprietary portfolio of diversified alternative assets, representing an innovative step in the broader introduction of alternatives to the Japanese market.

Apollo’s retirement services business, Athene, has completed two offshore reinsurance transactions with Japanese insurance companies, helping to deliver retirement income products.  Athene has also established a Representative Office in Japan and hired two Senior Vice Presidents there to study and pursue additional Japanese market opportunities.

“Japan is an important market for Apollo, and one where we believe our platform is well suited to provide solutions across the capital structure for our corporate clients, deliver good returns for our investors, and apply our expertise in retirement services to help individuals meet their retirement needs. This appointment reflects our long-term commitment to the Japan market, and we believe Mr. Tanaka will help accelerate our growing asset management and retirement services businesses in Japan,” said Matt Michelini, Partner and Head of Asia-Pacific for Apollo.

As Japan Chair, Mr. Tanaka will continue to support the entirety of Apollo’s asset management platform, including its equity business which is led by Tetsuji Okamoto, Partner and Head of Japan Private Equity.

About Apollo
Apollo is a global, high-growth alternative asset manager. In the asset management business, Apollo seeks to provide its clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. For more than three decades, Apollo’s investing expertise across its fully integrated platform has served the financial return needs of its clients and provided businesses with innovative capital solutions for growth. Through Athene, Apollo’s retirement services business, it specializes in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Apollo’s patient, creative, and knowledgeable approach to investing aligns its clients, businesses it invests in, its team members, and the communities it impacts, to expand opportunity and achieve positive outcomes. As of September 30, 2022, Apollo had approximately $523 billion of assets under management. To learn more, please visit www.apollo.com.

Contacts

Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
Communications@apollo.com

 


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Source: Apollo Global Management, Inc.

Categories: People

DIF Capital Partners: Congratulations to our 36 employees that have been promoted this year!

DIF

People have always been DIF’s greatest asset and the work our employees do doesn’t go unrecognised.

Join us in wishing them every success in their new role. This is the full list of this year’s promotions per grade. Congratulations to all of you!

Rhea Castelino CA Origination Associate
Claudia Harrington GB Asset Management Associate
Alexander Mend NL IT Associate
Foucault Monguillon FR Origination Associate
Josh Simpson CA Asset Management Associate
Samira Taarabti LU Finance Associate
Serhat Torbali LU Legal & Regulatory Associate
Jack Woodruff AU Asset Management Associate
Thomas van Agtmaal NL Origination Associate
Kees Arets NL Origination Associate Director
Gurpreet Badwal CA Origination Associate Director
Daniel Beri US Origination Associate Director
Marlon Berkhoff NL Finance Associate Director
Sybren Bruin NL Finance Associate Director
Amit Joshi GB Asset Management Associate Director
Stephanie Koning NL Finance Associate Director
William Alink NL IR & BD Director
George Craig CA Origination Director
Jonas Freise DE Origination Director
Annemiek Houben NL Legal & Regulatory Director
Bastien Zehntner FR Origination Director
Paul Adams NL IR & BD Managing Director
Luis Hinojosa CL Origination Managing Director
Mathieu Hévin FR Origination Managing Director
Kanan Joshi US Origination Managing Director
Aymeric Piquet-Gauthier FR Asset Management Managing Director
Roger Roumen NL Finance Managing Director
Thijs Verburg NL IR & BD Managing Director
Marissa Dardi GB Asset Management Senior Director
Karen Fluks NL Compliance Senior Director
Joeri Heijnen NL Finance Senior Director
Philip Newzella DE Asset Management Senior Director
Charlie Websper GB Origination Senior Director
María-José Crespo ES General Senior Management Assistant
Andrea Mueller DE General Senior Management Assistant
Sasha Roberts GB General Senior Management Assistant

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Equistone strengthens ESG support for portfolio companies with trio of local hires

Equistone

Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity investors, today announces the appointment of three ESG Managers in Q4 to help drive the firm’s sustainability objectives across each of its core European markets. Based locally in London, Paris and Munich, these new hires will work closely with Equistone’s investment teams to support long-term value creation and manage ESG risks, both within the existing portfolio and for new investment opportunities.

Jessica Clavette has joined Equistone’s London office to help implement industry-leading ESG standards across the UK portfolio and brings over 12 years of experience across five countries advising on environmental and social sustainability issues and trends. She joins from the sustainability consultancy Sancroft, where she supported corporations and financial institutions in responding to emerging regulation and developing sustainability strategies. There she focused on working with private market firms to implement ESG practices across the investment lifecycle. Previously a consultant at both Aleron Partners and Farnam Associates, Jessica also possesses expertise in impact measurement and management, sustainable operating models and cross-sector collaborative initiatives. Prior to her time in consulting, she worked on and led several high-impact projects focused on addressing societal challenges in the US, Australia and the UK. She studied Political Science at the University of Vermont and second-majored in Economics. Jessica holds a certificate in ESG investing from the CFA Institute.

Diane Vignalou has been appointed to the firm’s Paris office, where she will likewise work closely with the local investment team to support the integration of ESG best practice into the investment process and value-creation strategies. Diane previously worked at the sustainability-focused research and consulting group EthiFinance, where she developed ESG solutions for private equity, private debt and VC investors and conducted ESG due diligence on private companies. Before EthiFinance, Diane gained experience as an M&A analyst at Sycomore Corporate Finance and as a financial auditor at KPMG and graduated ‘cum Laude’ from Sciences Po with a Master’s in Finance & Strategy.

Completing these hires, and providing the additional resource to implement best-in-class ESG standards across portfolio companies in the DACH/NL region, is Sophia Nicol, who has joined Equistone’s Munich office. Sophia brings eight years of experience in sustainability consulting.  She previously worked at EY as a Manager in the Sustainability Service Practice and advised companies in various industries on their sustainability strategy and management as well as non-financial reporting.  Before that, Sophia gained experience at the Chair of Management & Sustainability at the University of Hamburg, in the sustainability department of an industrial company, and in consulting at sustainable AG, a strategy and management consultancy focused on sustainability, corporate responsibility and carbon management. She holds a Master’s degree in Business Administration from the University of Hamburg and a Bachelor’s degree in Business Administration and Economics from the University of Passau.

Christiian Marriott, Partner and Head of Investor Relations at Equistone, commented: “ESG analysis and considerations are firmly embedded across our investment and portfolio management processes, with all our team members responsible for thinking about sustainability. We therefore felt that the best way to drive further improvements was to add specialist, dedicated resource into our deal team. That approach is true to Equistone’s model of having local people in local markets, and we are excited to have them on board.”

Equistone is a signatory to the United Nations Principles of Responsible Investment (UNPRI) and the Initiative Climate International (formerly iC20 Climate Initiative). Previous initiatives to drive continuous improvement in the area of responsible investing have included appointing PwC to develop an ESG assessment tool to identify ESG risks for new investments and portfolio companies.

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Categories: People

Laurent Mignon succeeds André François-Poncet on the board of Directors of Bureau Veritas as of december 15TH, 2022

Wendel

After leaving Wendel on December 2, André François-Poncet tendered his resignation from the Board of Directors of Bureau Veritas at the end of the Board meeting held today.

As a result, the Board of Directors of Bureau Veritas, which met today under the chairmanship of Aldo Cardoso, has appointed Laurent Mignon as a non-executive director and nominated him as Vice-Chairman of the Board of Directors and Chairman of the Strategic Committee, with effect from today.

Laurent Mignon, who became Chairman of Wendel’s Executive Board on December 2, 2022, will succeed André François-Poncet for the remainder of the latter’s term of office on Bureau Veritas’ Board of Directors. This runs until the end of the Shareholders’ Meeting held to approve the 2024 financial statements.

The Board of Directors of Bureau Veritas warmly thanked André François-Poncet for his contribution as Chairman of the Strategic Committee and for his involvement in the work and discussions of the Board of Directors.

About Laurent Mignon
Laurent Mignon has been Chairman of the Executive Board of Wendel since December 2, 2022. He also sits on the Board of Directors of Arkema and is a non-voting member of the Board of Oddo BHF. Previously, Laurent Mignon held positions with Groupe BPCE from 2009 to 2022. He was Chief Executive Officer of Natixis and a member of the General Management Committee of BPCE (including a member of the Executive Board from 2013) from 2009 to May 2018 and Chairman of the Executive Board of Groupe BPCE from May 2018 to December 2022. He has also served as Chairman of the Board of Directors of Natixis and as a director of CNP Assurances and as a non-voting member of the Board of Fimalac.

After graduating from HEC in 1986 and completing the Stanford Executive Program, Laurent Mignon worked for more than 10 years for Banque lndosuez, first in capital markets and then in corporate and investment banking. In 1996, he joined Schroders Bank in London, before joining AGF (Assurances Générales de France) in 1997 as Chief Financial Officer. He was appointed to the Executive Committee of AGF in 1998, becoming Deputy Chief Executive Officer in charge of Banque AGF, AGF Asset Management and AGF lmmobilier in 2002, then in charge of life insurance and financial services and credit insurance in 2003. In 2006, he was appointed Chief Executive Officer and Chairman of the Executive Committee. From 2007 to 2009, he was Managing Partner at Oddo & Cie.

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Categories: People

CapMan Real Estate promotes Thomas Laakso as Partner and fund director for the Hotels fund

Capman

Thomas Laakso, Investment Director at CapMan Real Estate, has been promoted Partner. Simultaneously, he takes over leadership of the CapMan Hotels II fund from Pirjo Ojanperä, who transitioned to a Senior Advisor role in December after a long career at CapMan.

CapMan Hotels II fund is one of the largest owners of hotel properties in the Nordics. Mr. Laakso, who has extensive experience from hotel operations, development, consulting and asset management across Europe, the Middle East, Africa and the USA, started working with CapMan’s Hotels investment strategy one year ago with the ambition to expand and internationalise its operations.

“I’m very excited with the direction for the Hotels strategy under Thomas’ leadership. His background and expertise will help realize the fund’s Northern European focus for fundraising and deal flow. I also want to thank Pirjo for her outstanding work with managing the current hotel asset portfolio and her extensive career at CapMan,” says Mika Matikainen, Managing Partner of CapMan Real Estate.

“I appreciate the trust and am particularly grateful for Pirjo Ojanperä for all she has done for the fund and for me personally.  This is an exciting time for the hotel fund. The speed of the hotel industry’s post-Covid recovery has exceeded everyone’s expectations and the long-term fundamentals are sound. With some repricing pressure in the market, we see interesting acquisition opportunities going forward,” says Thomas Laakso, Partner, CapMan Real Estate.

“I’m grateful for the long journey together with CapMan and its knowledgeable real estate team and stakeholders over the years. Together, we have served and advanced the hospitality market. In Thomas, the fund now has a very qualified new leader and I want to warmly welcome him as he continues our development efforts which I will continue to support as Senior Advisor,” says Pirjo Ojanperä, Senior Advisor at CapMan Real Estate.

CapMan Hotels II fund is a semi-open-ended fund with an evergreen structure and a continuous term. It invests in hotel properties generating a stable and predictable income. The current portfolio consists of 27 assets across Finland and Sweden with multiple leading operators as tenants and a weighted average lease term (WALT) of 25 years based on 100% index linked leases. The fund has €368 million in equity commitments and the open-ended structure of the fund allows for growth through new capital and portfolio expansion. The attractive structure combined with the existing strong portfolio create an excellent foundation for future growth. The fund is classified as Article 8 under the EU Sustainable Finance Disclosure Regulation.

CapMan’s Real Estate team comprises 65 real estate professionals in Helsinki, Stockholm, Copenhagen, Oslo, Jyväskylä and London. CapMan Real Estate currently manages over €4.0 billion in real estate assets.

For more information, please contact:

Mika Matikainen, Managing Partner, CapMan Real Estate, +358 40 519 0707

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation. We offer a wide selection of investment products and services. As one of the Nordic private equity pioneers, we have developed hundreds of companies and real estate assets and created substantial value in these businesses and assets over the past 30 years. With approx. €5 billion in assets under management, our objective is to provide attractive returns and innovative solutions to investors. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover Private Equity, Real Estate and Infra. We also have a growing service business that includes procurement services, wealth management, and analysis, reporting and back office services. Altogether, CapMan employs around 180 people in Helsinki, Stockholm, Copenhagen, Oslo, London, Jyväskylä and Luxembourg. We are a public company listed on Nasdaq Helsinki since 2001 and a signatory of the UN Principles for Responsible Investment (PRI) since 2012. Read more at www.capman.com.

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Jan Woods joins Oakley Capital

oakleycapital

I’m excited to be joining Oakley at such a critical growth stage for the firm. Oakley has an enviable track record delivering strong outcomes for stakeholders by applying proven value creation strategies including talent acquisition.

Oakley Capital Welcomes Jan Woods as Partner responsible for portfolio company talent

Oakley Capital, the leading pan-European private equity investor, is pleased to welcome Jan Woods as Partner. Jan will be responsible for portfolio company talent, supporting Oakley’s portfolio companies to create future-ready organisations. Focusing on Organisation Design, Talent Strategies and Team Performance, Jan will advise teams on how to attract and retain the best talent and build strong systems and cultures.

Previously, Jan was a Director at a consumer-focused private equity firm, where she helped to develop human resource (‘HR’), executive development and business transformation strategies for portfolio companies. Before this, Jan held a series of senior, international HR roles at PepsiCo and IBM. She holds a BA in Theology and an MBA in Business Administration.

Oakley Capital co-Founder and Managing Partner Peter Dubens, said: “We’re pleased to welcome someone of Jan’s calibre to Oakley Capital. Her appointment reflects our commitment to attracting and developing the very best talent for our companies, as we build for the future. We also want to support our portfolio companies to do the same as they look to accelerate growth, and I believe Jan’s skillset and experience will help them achieve this.”

 

Oakley Capital Partner Jan Woods said: “I’m excited to be joining Oakley at such a critical growth stage for the firm. Oakley has an enviable track record of delivering strong outcomes for stakeholders, including founders, management teams and investors, by applying proven value creation strategies including talent acquisition. I look forward to working with my colleagues and the management teams of our portfolio companies to help build successful HR systems, teams and cultures that can sustain growth.”

Categories: People

Certara Announces the Completion of Arsenal Capital Partners’ Investment and the Appointment of David Spaight to the Board of Directors

Arsenal Capital Partners

Arsenal closed the previously announced $449M stock purchase from funds controlled by EQT Private Equity

Princeton, N.J.- Certara, Inc. (Nasdaq: CERT) today announced that Arsenal Capital Partners (“Arsenal”), a private equity firm specializing in investing in and building transformational healthcare companies, closed its previously announced $449 million new investment in Certara. David Spaight, an Operating Partner at Arsenal, has been appointed to Certara’s Board of Directors, effective immediately. Stephen McLean, a Senior Partner at Arsenal, will continue to serve on Certara’s Board of Directors.

As previously announced, in a separate agreement with the company, Arsenal has agreed to a two-year lock-up prohibiting any sale of the newly purchased shares without company authorization, reflecting Arsenal’s commitment to being a long-term shareholder. Arsenal previously held a majority stake in the company through 2017 and has held a minority stake since Certara’s initial public offering in 2020.

“We are pleased with Arsenal’s continued support and confidence in Certara and welcome David Spaight to the Board of Directors,” said William F. Feehery, Chief Executive Officer of Certara. “David’s deep industry experience and expertise will be valuable to Certara as we continue to grow our impact on the global biopharmaceutical industry.”

Prior to joining Arsenal in 2016, Mr. Spaight served as the Chairman and CEO of WIL Research Laboratories, a leading pre-clinical CRO acquired by Charles River Laboratories, and, before that, as President of MDS Pharma Services, a global CRO serving all phases of pharmaceutical research and development. Mr. Spaight has also held senior leadership positions in Fisher Scientific and PerkinElmer.

“I am pleased to join Certara’s Board of Directors and bring my industry experience to a company that is transforming traditional drug discovery and development with biosimulation,” said Mr. Spaight. “I look forward to working with the Certara leadership team and Board of Directors to advance the company’s next phase of growth.”

In connection with the sale of the remaining Certara shares held by
funds controlled by EQT Private Equity, Eric Liu and Ethan Waxman have stepped down from the Board of Directors, effective immediately.

About Certara

Certara accelerates medicines using proprietary biosimulation software, technology, and services to transform traditional drug discovery and development. Its clients include more than 2,000 biopharmaceutical companies, academic institutions, and regulatory agencies across 62 countries.

Investor Relations Contact:
David Deuchler
Gilmartin Group
ir@certara.com

Media Contact:
Daniel Yunger
Kekst CNC
daniel.yunger@kekstcnc.com

Jackie Schofield
Prosek Partners
Pro-Arsenal@prosek.com

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