Category Archives: People

Montagu announces key leadership developments

Montagu

Jason Gatenby becomes Managing Partner-Chair,
alongside Ed Shuckburgh, who is promoted to Managing Partner-Chief Executive

 

Montagu is delighted to announce key leadership developments, as Jason Gatenby, formerly CEO, becomes Managing Partner-Chair. Ed Shuckburgh, formerly Head of UK, Nordics and Benelux, is promoted to Managing Partner-Chief Executive.

Jason continues in a full-time executive leadership role, focusing on Montagu’s strategy, investments and portfolio. As Managing Partner-Chief Executive, Ed will have lead responsibility for managing Montagu’s people and its business, as well as continuing to lead the UK, Nordic and Benelux investment team.

Commenting on the developments, Jason Gatenby, Managing Partner-Chair said, ‘Over the past 55 years, Montagu has invested continuously in the private markets. Throughout that time the firm has continued to learn and evolve. This is the next, natural stage in our evolution. Looking ahead, I believe Montagu is ideally placed to outperform, both in the current market and over the long term.’

This is the next, natural stage in our evolution. Looking ahead, I believe Montagu is ideally placed to outperform, both in the current market and over the long term.

Jason Gatenby, Managing Partner-Chair, Montagu

Ed Shuckburgh, Managing Partner-Chief Executive added, ‘Our new management structure allows Jason, me, and our partners the senior bandwidth and focus to capitalise on the considerable opportunities in front of us. I look forward to taking up the responsibilities of my new role and harnessing our respective talents and experience for the maximum benefit of our investors.’

I look forward to taking up the responsibilities of my new role and harnessing our respective talents and experience for the maximum benefit of our investors.

Ed Shuckburgh, Managing Partner-Chief Executive, Montagu

Both appointments are subject to regulatory approval and will take effect upon FCA consent.

Categories: People

Vittorio Colao Rejoins General Atlantic as Vice Chairman of EMEA

General Atlantic

London and New York – January 19, 2023 – General Atlantic, a leading global growth equity firm, announced today that Vittorio Colao rejoined the firm as Vice Chairman of EMEA. In his role, Mr. Colao will draw on his extensive expertise in technology, consumer and digital platforms to provide strategic counsel to the firm’s global investment teams and portfolio companies across EMEA. He previously served as Senior Advisor to General Atlantic from 2019-2021.

Mr. Colao returns to the firm after serving as Minister of Technological Innovation and the Digital Transition for the Italian government from 2021-2022, a role in which he led the growth of inclusive and efficient digital services across Italy and oversaw the country’s space program. Prior to this, Mr. Colao spent 20 years at Vodafone Group, serving as Group Chief Executive for a decade, where he led the business’ significant growth into one of the largest telecommunications groups globally. He currently serves as a Non-Executive Director at Verizon and is an Executive Committee member of Bocconi University in Italy.

Gabriel Caillaux, Co-President, Managing Director and Head of General Atlantic’s business in EMEA, said: “Vittorio rejoins the firm at a crucial moment in the evolution and intersection of the technology, consumer and digital industries across Europe, bringing unique experience through his multi-decade tenure at one of Europe’s premier telecoms businesses. Vittorio made a significant contribution to our business before his departure in 2021, and we look forward to drawing on his considerable expertise to help us navigate the opportunities and challenges ahead.”

Mr. Colao added, “The opportunity for technological and digital innovation continues to be a key driver of economic and social inclusivity around the world. I am honored to again be part of General Atlantic’s global network and to partner with entrepreneurs and management teams across EMEA as we help their businesses scale access to solutions for some of the most pressing issues of our time.”

About General Atlantic

General Atlantic is a leading global growth equity firm with more than four decades of experience providing capital and strategic support for over 445 growth companies throughout its history. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world. General Atlantic currently has over $73 billion in assets under management inclusive of all products as of September 30, 2022, and more than 215 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Miami, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, Singapore, Stamford and Tel Aviv. For more information on General Atlantic, please visit the website: www.generalatlantic.com.

Media Contacts

Mary Armstrong & Casey Gunkel
General Atlantic media@generalatlantic.com

Categories: People

AE Industrial Partners Names Senior Aviation Executive David L. Joyce as Chairman of AE Industrial Partners HorizonX

Ae Industrial Partners

oyce, the Former President & CEO of GE Aviation and Former Vice Chairman of General Electric, Will Also Serve as a Strategic Advisor to the Firm

BOCA RATON, FL— January 18, 2023 – AE Industrial Partners, LP (“AEI”), a U.S-based private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets, announced today that David L. Joyce, the former President & CEO of GE Aviation and former Vice Chairman of the General Electric Company, will join AEI as Chairman of AE Industrial Partners HorizonX  (“AEI HorizonX”), the firm’s venture capital investment platform. Mr. Joyce will also act as a Strategic Advisor to AEI across its entire portfolio of investments and strategies. AEI HorizonX focuses on early-stage equity investments in transformative technologies and businesses that will define the future of aerospace, defense, enterprise and industrial markets.

“David’s career at GE Aviation has been defined by engineering excellence, new product and technology development, and global market leadership – experience that will be instrumental as we look to identify the future of sustainable technology and its integration into industrial markets,” said David Rowe, Managing Partner of AEI. “I look forward to David’s partnership as we continue to build the AEI HorizonX platform, and more broadly with AEI’s specialized market reach. His understanding of the potential for engineering and technology innovation across the industrial landscape is a critical skill that will benefit AEI’s mission.”

Brian Schettler, Partner and Head of AEI HorizonX added, “David’s global reputation as a leader with a strong technical understanding of our key target markets makes him a perfect fit to help us achieve market leadership with our early-stage AEI HorizonX investment platform.”

Mr. Joyce’s 40-year career at GE Aviation, including 12 years leading the business as President and CEO, has spanned a golden era of aviation that included the development of new, fuel-efficient engine technologies, transformative manufacturing materials and processes, and the formation of global alliances solidifying GE Aviation’s world leading position for jet engines, components and integrated systems for commercial aviation and military aircraft. His tenure at GE Aviation will continue to be defined decades into the future by programs developed under his leadership, including initiatives in engine design and innovation, sustainable and hybrid fuel systems, additive manufacturing, and digital tools, among others.

“I have followed the success of AEI since its founding in 1998 by David and Brian Rowe and am excited to join such a strong team of industry experts,” said Mr. Joyce. “I look forward to working with the leadership of AEI HorizonX to build out its venture platform, together with the entire AEI team across its investment portfolio.”

Mr. Joyce earned both BS and MS degrees in mechanical engineering from Michigan State University, and an MBA in business finance from Xavier University. Mr. Joyce is also a member of the National Academy of Engineering and is a Director of The Boeing Company.

About AE HorizonX

AEI HorizonX was formed as Boeing’s corporate venture capital arm in 2017 and is now managed by AE Industrial Partners, a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets, with $5 billion of assets under management. AEI HorizonX is an active participant in venture capital within its core strategic areas of focus, investing in more than 50 startups globally and building numerous relationships and partnerships across the aerospace, technology, and investing ecosystem. Learn more at www.aeroequity.com/horizon-x/.

About AE Industrial Partners

AE Industrial Partners is a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets. AE Industrial Partners invests in market-leading companies that can benefit from our deep industry knowledge, operating experience, and relationships throughout our target markets. AE Industrial Partners is a signatory to the United Nations Principles for Responsible Investment and the ILPA Diversity in Action initiative. Learn more at www.aeroequity.com.

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Media Contacts: 

Lambert

Jennifer Hurson

jhurson@lambert.com

845.507.0571

Or

Beth Wiegard

bwiegard@lambert.com

954.494.8261

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Fabianne Onderwater promoted to Investment Director, André Reitz to Manager and Nando Slijkerman to Associate

Fields Group

FIELDS Group is pleased to announce that Fabianne Onderwater has been promoted to Investment Director, André Reitz to Investment Manager and Nando Slijkerman to Investment Associate.

Both Fabianne, André and Nando demonstrated a very strong professional development in the past years and made a significant impact on multiple deal processes, our group companies and the FIELDS organization.

Fabianne specifically has been instrumental in the acquisitions and further acceleration of both Vink Groep and FMTC, and the successful divestment of Eurotech. She is also one of the driving forces behind the Talent Program at Vink aimed at training and coaching of high potentials and she is an active member of Level20.

André played a leading role in the acquisition of KENT Europe and is currently driving FIELDS’ buy-and-build in IT services in the DACH region. He continues to make a big impact on working with the team at KENT to realize full potential.

Nando had a decisive role in the acquisition of KENT Europe with a focus on the commercial due diligence and value creation going forward. He further has a leading role in driving ESG across our group companies.

Categories: People

KKR appoints Lea-Sophie Cramer as an Industry Advisor

KKR
  • KKR further strengthens its expertise in digital transformation and advisory capabilities with appointment of serial founder and thought leader
  • Lea-Sophie Cramer will support KKR and select portfolio companies to identify and assess new investment and value creation opportunities by capitalizing on her entrepreneurial expertise and strong network

Frankfurt, Germany, 12 January 2023 – KKR, a leading global investment firm, has appointed Lea-Sophie Cramer as an Industry Advisor to KKR’s Private Equity team, further strengthening KKR’s expertise in the European e-commerce and broader technology sector. In her role, Lea will leverage her extensive expertise as an entrepreneur to advise KKR on investment opportunities and further support selected portfolio companies with international growth strategies.

Lea is a founder, investor and one of the most prominent voices for entrepreneurship and startup culture in Germany. After leading Groupon in Asia, Lea co-founded Amorelie in 2013. Today Amorelie is a leading e-commerce player for peoples’ love life and has contributed to repositioning and growing an entire industry. Eventually Amorelie was sold to ProSiebenSat.1 and Lea left her position as CEO of the company in 2019.

Lea is an active Business Angel and VC-fund Investor and a leading advocate for female leadership and entrepreneurship. In 2022 she founded the “10-More-In” academy with modern leadership programs for women. Lea previously served as Board member of Amorelie and Conrad Electronic and is currently an active Board member of the Swiss photo products company, Ifolor Group.

In her role as Industry Advisor to KKR, Lea will join the Board of Directors of KKR portfolio company Wella Company, one of the world’s fastest-growing beauty businesses. As a Non-Executive Board Director she will leverage her expertise in developing e-commerce solutions, growing sustainable and innovative consumer and professional brands and supporting the organization on accelerating its overall growth agenda. She will also leverage her deep insights into the DACH consumer market, one of the largest and most relevant markets for Wella Company. Over the last two years since KKR assumed a majority interest of Wella Company, the professional and retail hair, nail and digital beauty tech leader has significantly accelerated its global market share while also investing in making sustainability, diversity, equity and inclusion and social impact central to its mission. Wella Company recently published its first ESG Manifesto as a public pronouncement of its long-term impact plan for People, Planet and Products including reducing its carbon impact, engaging in sustainable manufacturing operations, and innovating its products for clean and green formulation.

Lea-Sophie Cramer, Industry Advisor for KKR, said: “For the past 15 years, I dedicated my energy to building and investing in innovative customer-centric, impact-driven brands in Germanys’ Tech and Start-Up scene. KKR invests in strategic partnerships with founders, entrepreneurs and management teams and supports their companies in realizing their full potential. In this regard, I am very excited to bring in my expertise as an Industry Advisor to KKR and its portfolio companies. It is a great opportunity to be joining the Board of Wella Company and its iconic brand portfolio. I am impressed by the company’s journey under the leadership of CEO Annie Young-Scrivner and look forward to working with her and the entire team.”

Philipp Freise, Partner and Co-Head of European Private Equity at KKR, commented: “We are thrilled to welcome Lea to our team. With her impressive track record as an entrepreneur and her status as a role model for founders across Europe, she brings a wealth of experience to our firm, particularly in the technology sector where we continue to accelerate our activities globally. Lea has repeatedly demonstrated her ability to lead diverse teams and her strong dedication to innovate. We look forward to benefiting from her knowledge as we continue to invest in companies that are driving the digital transformation.”

Laura Schröder, Director at KKR, said: “Lea is a natural fit for an Industry Advisor role at KKR as she compliments our firm’s efforts to accelerate innovation, with her unique entrepreneurial mindset, excellent leadership skills and brand-building expertise. Through her continued advocacy for female entrepreneurship and modern leadership, she has rightfully become one of the leading voices for startups and businesses in Germany.”

KKR is one of the most active investors focused on building leading global technology enterprises, with global tech investments including investments in Cegid, Exact Software, Darktrace, Onestream and Box among others. Across the DACH region, KKR has been investing on the ground for over 20 years primarily through strategic partnership deals such as in Axel Springer, Contabo, Körber’s supply chain business, Scout24 Switzerland and SoftwareOne.

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

  

Jan Reinholz

Mobile: +49 170 925 97 67

Email: kkr_germany@fgsglobal.com

 

 

Categories: People

Cinven announces Partner promotion

Cinven

International private equity firm, Cinven, today announces that it has promoted Juan Monge to Partner with effect from 1 January 2023.

Juan is a member of Cinven’s Strategic Financials Fund (‘SFF’) team and the Financial Services team, and has been involved in a number of transactions, including Cinven’s acquisition of specialty insurance broker Miller, alongside GIC. He joined Cinven in 2020.

Commenting on this promotion, Stuart McAlpine, Managing Partner of Cinven, said:

“I am delighted to announce the promotion of Juan to Partner. Since joining us almost three years ago, he has been a key member of the Financial Services team and driving force in the success of our inaugural SFF. Juan’s commitment and hard work has made a significant contribution to the success of the fund to date and will be instrumental as we continue to make further investments.”

Categories: People

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