Jesper Lien new CEO of Plantasjen Group

Ratos

Jesper Lien has been appointed as the new CEO of Plantasjen Group (“Plantasjen”) and will assume the role on 22 August 2022. Jesper most recently served as Chief Commercial Officer (CCO) of the company.  He has an extensive track record with broad experience from various senior positions at Nordic and European retail companies, including CEO of Coop Denmark and CCO of B&Q, the UK’s largest DIY chain.

“Plantasjen is in an exciting phase, and I am delighted that Jesper Lien has agreed to lead the company’s continued development. With his solid background in senior retail positions, Plantasjen is gaining an experienced CEO with a strong operational know-how,” says Anders Slettengren, Chairman of the Board of Plantasjen and President Business Area Consumer at Ratos.

“I’m very much looking forward to leading Plantasjen on its continued journey of growth. I am pleased to humbly accept this role as the company’s new CEO. Plantasjen’s vision is to be the most inspiring Nordic garden centre. This entails offering inspiration, expertise and tools to succeed in a growing life, ensuring customers choose us over the competition. We have made good progress, and I am optimistic about Plantasjen’s future. Now I look forward to shifting up a gear together with my colleagues,” says Jesper Lien, incoming CEO of Plantasjen.

Current CEO Nina Jönsson will be moving on to new challenges outside the Ratos Group.

“We would like to thank Nina Jönsson for her time as CEO of Plantasjen as well as the seven years she spent as CEO of various companies in the Ratos Group. She is a strong leader who has improved profitability while maintaining a focus on customers and employees. We wish her all the best in the future,” says Jonas Wiström, President and CEO of Ratos.

About Plantasjen
Plantasjen is the Nordic region’s leading retailer of plants and gardening accessories, with more than 128 stores in Norway, Sweden and Finland as well as online sales. The company has approximately 2,400 employees and sales of approximately SEK 4.5 billion for the rolling 12-month period ending 30 June 2022. Ratos acquired Plantasjen in 2016.

For further information, please contact
Anders Slettengren, Chairman of the Board of Plantasjen and President Business Area Consumer, Ratos, +46 72 589 89 00
Jesper Lien, incoming CEO, Plantasjen, +45 51 593 601
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21

About Ratos
Ratos is a business group consisting of 15 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2021, the companies have approximately SEK 26 billion in net sales. Our business concept is to own and develop companies that are or can become market leaders. We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in execution and It’s All About People. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas.

Categories: People

Digital Barriers strengthens Board with the appointments of Tom Alexander and Bryan Schmode

3I

Digital Barriers, a leading provider of IoVT (Internet of Video Things) surveillance, security and business intelligence products, welcomes Tom Alexander as Chairman and Bryan Schmode as an advisor to the Board with immediate effect following the completion of 3i’s investment in the company.

Tom had a highly successful executive career spanning over 30 years in the telecoms industry. He was the founding CEO of Virgin Mobile in 1998, leading its IPO and subsequent sale to NTL following which he took on the role of CEO at Orange, overseeing the merger with T-Mobile to create EE which he then ran for a number of years. He is currently Chairman of Cafeyn, a leading European digital media streaming platform, and Asurion, a US based device insurance business, and previously spent nine years as a non-executive director of Ebiquity plc, an independent marketing and media consultancy, before stepping down in April 2022.

Bryan was one of the early and instrumental executives and investors at Avigilon, which became an industry leading provider of end-to-end camera & sensor technology, incorporating advanced analytics and AI deployed via its video management software and cloud based smart access control systems designed for public safety and enterprise solutions. Bryan was a driving force behind the company’s success before its sale to Motorola for $1bn in 2018. He now acts as an advisor to, and investor in, businesses across a wide range of industries.

Digital Barriers will benefit from Tom and Bryan’s leadership and guidance in helping to further develop its commercial proposition and go-to-market strategy with its global blue-chip partners such as AT&T, Vodafone, Fujitsu and G4S.

David Stephens, co-Head of 3i’s UK Private Equity team, commented: “We are delighted to have Tom and Bryan joining the Digital Barriers team. Their extensive experience and insight in building global champions within the telecoms and security sectors will be invaluable as we embark on this next phase for the company. Our ability to attract such high calibre individuals is testament to the quality of Digital Barriers’ technology, scale of the market opportunity, and ambition of this team.”

Tom Alexander commented: “It’s an honour to be joining this highly innovative and growing company as it embarks on its next phase of growth. The quality of its customer base and partners is hugely impressive for a company of this scale. It’s an exciting time to be joining and I look forward to working with Zak and the team to deliver on the business’ full potential.”

Bryan Schmode commented: “I am looking forward to working with Zak and the team to further develop Digital Barriers’ commercial proposition and technology roadmap. I’ve been extremely impressed by the quality of the team and technology that it has developed; it’s a ground breaking proposition and only set to advance further. It’s a privilege to be a part of that journey.”

Zak Doffman, CEO of Digital Barriers, commented: “We’re extremely privileged to have Tom and Bryan join us as we seek to realise our vision. Their impressive track records and networks in

telecoms and security, respectively, will prove hugely beneficial to our global team, not to mention to our clients and partners as we grow over the coming years.”

 

-Ends-

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For further information, contact:
3i Group plc

Kathryn van der Kroft
Media enquiries

 

Silvia Santoro
Shareholder enquiries

Tel: +44 20 7975 3021
Email: kathryn.vanderkroft@3i.com

 

Tel: +44 20 7975 3258
Email: silvia.santoro@3i.com

About 3i Group

3i is a leading international investment manager focused on mid-market Private Equity and Infrastructure. Its core investment markets are northern Europe and North America. For further information, please visit: www.3i.com

About Digital Barriers

Digital Barriers is a leading provider of IoVT (internet of video things) surveillance, security and business intelligence products. Headquartered in the UK with regional offices in the US, Europe and Asia-Pacific, Digital Barriers has developed a trusted global customer-base spanning industries such as defence and national security, law enforcement, border security, first responders, critical national infrastructure, transportation agencies, automotive and mobility and private security in over 60 over countries.

Regulatory information

This transaction involved a recommendation of 3i Investments plc.

Categories: People

Digital Barriers strengthens Board with the appointments of Tom Alexander and Bryan Schmode

3I

Digital Barriers, a leading provider of IoVT (Internet of Video Things) surveillance, security and business intelligence products, welcomes Tom Alexander as Chairman and Bryan Schmode as an advisor to the Board with immediate effect following the completion of 3i’s investment in the company.

Tom had a highly successful executive career spanning over 30 years in the telecoms industry. He was the founding CEO of Virgin Mobile in 1998, leading its IPO and subsequent sale to NTL following which he took on the role of CEO at Orange, overseeing the merger with T-Mobile to create EE which he then ran for a number of years. He is currently Chairman of Cafeyn, a leading European digital media streaming platform, and Asurion, a US based device insurance business, and previously spent nine years as a non-executive director of Ebiquity plc, an independent marketing and media consultancy, before stepping down in April 2022.

Bryan was one of the early and instrumental executives and investors at Avigilon, which became an industry leading provider of end-to-end camera & sensor technology, incorporating advanced analytics and AI deployed via its video management software and cloud based smart access control systems designed for public safety and enterprise solutions. Bryan was a driving force behind the company’s success before its sale to Motorola for $1bn in 2018. He now acts as an advisor to, and investor in, businesses across a wide range of industries.

Digital Barriers will benefit from Tom and Bryan’s leadership and guidance in helping to further develop its commercial proposition and go-to-market strategy with its global blue-chip partners such as AT&T, Vodafone, Fujitsu and G4S.

David Stephens, co-Head of 3i’s UK Private Equity team, commented: “We are delighted to have Tom and Bryan joining the Digital Barriers team. Their extensive experience and insight in building global champions within the telecoms and security sectors will be invaluable as we embark on this next phase for the company. Our ability to attract such high calibre individuals is testament to the quality of Digital Barriers’ technology, scale of the market opportunity, and ambition of this team.”

Tom Alexander commented: “It’s an honour to be joining this highly innovative and growing company as it embarks on its next phase of growth. The quality of its customer base and partners is hugely impressive for a company of this scale. It’s an exciting time to be joining and I look forward to working with Zak and the team to deliver on the business’ full potential.”

Bryan Schmode commented: “I am looking forward to working with Zak and the team to further develop Digital Barriers’ commercial proposition and technology roadmap. I’ve been extremely impressed by the quality of the team and technology that it has developed; it’s a ground breaking proposition and only set to advance further. It’s a privilege to be a part of that journey.”

Zak Doffman, CEO of Digital Barriers, commented: “We’re extremely privileged to have Tom and Bryan join us as we seek to realise our vision. Their impressive track records and networks in

telecoms and security, respectively, will prove hugely beneficial to our global team, not to mention to our clients and partners as we grow over the coming years.”

Categories: People

Choice Financial Group announces ROBERT J. HILB as CEO

Northlane

VIRGINIA BEACH, Va., July 26, 2022 /PRNewswire/ — Choice Financial Group (“Choice” or the “Company”) announced today that its Board of Directors has appointed Robert J. Hilb as CEO, following the retirement of J. Richard Braun, Founder and President of Choice.

Richard Braun was instrumental in building Choice into a leading agency and establishing its growth strategy. The Board is grateful for the contributions that Richard has made to the organization, and he will continue to serve on the Board as a valued resource to help inform and guide the Company’s strategy,” noted Scott Kauffman, member of the Board of Directors and Partner at Northlane Capital Partners.

Prior to his appointment as CEO, Mr. Hilb was serving as a member of the Board of Directors and Head of M&A at Choice. Hilb has more than 35 years of insurance industry experience, including founding and serving as CEO of Hilb Group. During his tenure at Hilb Group, he established and led the M&A function, closing more than 50 transactions. Sean Eagle, member of the Board of Directors and Partner at Northlane Capital Partners, commented, “Bob is the natural option to lead the Company’s next phase of growth. His successful track record in the industry provides the Board with tremendous confidence in his ability to execute key expansion initiatives and lead the organization.”

“It has been a pleasure working with Richard Braun and the balance of the Choice executive team. I am excited for Choice’s next chapter as the Company has several noteworthy initiatives underway, including continuing its active M&A strategy, and a highly attractive long-term outlook. The Choice executive team and I will continue to drive value for our customers and stakeholders and offer a compelling place to work for our associates,” said Bob Hilb, CEO of Choice.

About Choice Financial Group: Choice Financial Group is a leading insurance agency with institutional capital support from Northlane Capital Partners, a middle-market private equity firm managing more than $1 billion of committed equity capital. Choice is expanding its market presence through organic growth initiatives and targeted investments. Choice is headquartered in Virginia Beach, Virginia, and has 18 offices in eight states.

For agency partnership opportunities, contact:

Bob Hilb, CEO
804-564-9625
bob.hilb@choiceins.com

For media inquiries, contact:
Elizabeth Grimes
elizabeth.grimes@choiceins.com
757-926-0463

SOURCE Choice Financial Group

Categories: People

Andy Gregory appointed to CEO of BGF, Stephen Welton steps up to Non-Executive Chair – BGF declares maiden dividend to shareholders

BGF

As part of BGF’s ongoing organisational evolution and executive structure as it prepares for the next chapter of growth, BGF today announces that Andy Gregory, current Chief Investment Officer, is to be appointed by the Board as Chief Executive Officer, effective on 1 September 2022. Stephen Welton, Executive Chair, will step up to Non-Executive Chair effective 1 January 2023, following a decade of successful executive leadership.

This is the culmination of a process designed and delivered by an independent leadership advisory panel working with the Board of BGF and its shareholders over the last three years.

Andy has held the role of Chief Investment Officer since May 2021 and before that was Head of Investments, UK & Ireland since January 2020. During this time, BGF has experienced a record period of investment and exit activity. Andy has been with BGF since 2011, joining as regional director for the North of England. Before that, he held senior roles in the private equity industry including at LivingBridge and Bridgepoint.

Stephen was appointed founding CEO of BGF in 2011 and under his leadership, BGF has grown from a start up to become the most active growth capital investor in the UK & Ireland, with more than £3bn invested across over 400 companies by a regional network of 16 offices.

In this period, Stephen has also served as a member of HM Treasury’s Patient Capital Review, the Council of Innovate UK, and the PM’s business advisory council. Prior to BGF, Stephen was one of the founding partners of the global private equity firm CCMP Capital (formerly JP Morgan Partners) and Managing Director of Barclays Private Equity and Henderson Ventures, which he also co-founded.

BGF has also just declared its maiden dividend of £30m to its shareholders: HSBC, Barclays, Lloyds Banking Group, NatWest and Standard Chartered. In line with original objectives to create a self-sustaining investment platform over the long term, BGF has not drawn on committed shareholder capital since June 2021, with cash realisations now funding investment activity which will allow excess returns to be returned to shareholders going forward.

Last year, BGF delivered a total cash return of £571m from exits (up from £233m in 2020), equivalent to an average 2x money multiple and a 23.4% gross internal rate of return. Returns from 22 exits in the first half of 2022 continued this strong trend with £391m realised and a gross IRR of 23%. Pre-tax profit in 2021 was £404m.

From a standing start in 2011 and spurred on by the global financial crisis, BGF’s leadership, shareholders, regulators and other stakeholders envisaged a new equity investment platform that would deliver long-term value creation and patient capital, supporting entrepreneurs on a local basis right across the country. I could not be prouder of what has been achieved and would like to thank our portfolio companies, our team and our shareholders for their enduring support in delivering what is a core mission for BGF and a crucial part of the growth economy.

Stephen Welton

“After more than a decade of executive leadership, I am delighted to take on the role of Non-Executive Chair and welcome Andy Gregory as incoming CEO. Andy has delivered strong investment performance as CIO, knows the market incredibly well, and will continue to drive forward the BGF model and mission. The additional appointments to the leadership team demonstrate the breadth of talent we have at BGF and the exciting future ahead.

“As Non-Executive Chair, I will remain a champion of fostering the BGF culture and efforts to support a more diverse and inclusive investment environment, with a strong focus on ESG and the scaling of BGF’s charitable foundation. More generally, I look forward to building on the work we have done as a catalyst of the growth capital industry, both in the UK and internationally, at what is a critical time for investment into the key sectors of the future.”

BGF holds a unique position in the investment industry, which it has established thanks to the hard work of a highly skilled team, Stephen’s unwavering leadership and the support of our shareholders.

Andy Gregory, incoming CEO at BGF

“I am delighted to be taking on the role of CEO, with Stephen’s support as Non-Executive Chair. We will continue to drive forward our investment activity and deliver exits that create long-term value for the entrepreneurs we back, as well as for our shareholders. Against the backdrop of several major macro events impacting the UK & Irish economies, there has never been a more important time to back our entrepreneurial wealth creators. This is something BGF will continue to do over the next decade and beyond.”

Neil Johnson, Deputy Chairman at BGF, said: “The Board and shareholders of BGF welcome Andy’s appointment as CEO, recognising his fundamental successes in the various roles held since joining BGF. Stephen has played a huge role in developing BGF in the last decade, and the Board is delighted that he will be continuing to support the firm’s future growth in his new role as Non-Executive Chair.”

To support the new leadership structure, new appointments have been made to BGF’s Executive Committee, effective 1 January 2023. These include Richard Taylor, Head of Growth, Ben Barker, Head of Portfolio, and Cate Poulson, Head of Talent Network, who will all join Andy Gregory, Claire Lamb and Matt Reed on BGF’s Executive Committee.

Patrick Graham, Head of Scotland and Northern Ireland, Neil Inskip, Head of North West and Midlands, and Ned Dorbin, Head of South West and Wales, will join BGF’s Investment Committee, the firm’s central engine for investment decision making.

Categories: People

Arcus promotes Jenni Chan and John Shea to the Partnership

Arcus

London, United Kingdom (18 July 2022) – Arcus Infrastructure Partners (“Arcus”) is very pleased to announce the promotion of Jenni Chan and John Shea to the position of Partner with effect from 1 July 2022.

Jenni joined Arcus in 2009 as part of the creation of Arcus and currently serves as Asset Manager and board member for Peacock Leasing. In addition, Jenni is a member of the Arcus Transport Origination Team and the Arcus ESG Committee. Jenni brings over 15 years of European infrastructure experience to the Partnership, after many years of investing and managing assets as part of the team.

John joined Arcus in 2011 and is a senior member of the Arcus Digital Origination Team and has been involved in the origination and asset management of a number of the firm’s investments in this sector. John has over thirteen years of experience in the origination, execution and management of infrastructure investments in Europe.

The appointment of Jenni and John to the Partnership further strengthens Arcus’ senior team and provides another example of Arcus’ commitment to developing and promoting outstanding talent from within the organisation.

Commenting on the promotions, Ian Harding, Managing Partner of Arcus said, “It gives me great pleasure to be able to make this announcement, as Jenni and John have demonstrated strong dedication to the firm over many years, providing valuable contributions to Arcus’ investments, as well as to the culture and the values of the organisation.”

Arcus Media Contacts:

Callum SprengE: callum@sprengthomson.com

T: +44 7803 970103

Mark McIntryeE: mark@sprengthomson.com

T: +44 7791 760087

About Arcus

Arcus Infrastructure Partners is an independent fund manager focused solely on investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and special co-investment vehicles and, through its subsidiaries, currently manages investments with an aggregate enterprise value in excess of EUR 19bn (as of 31 March 2022). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors.

www.arcusip.com

Categories: People

KKR To Appoint Katie Sudol As General Counsel; David Sorkin To Become Chief Legal Officer

KKR

NEW YORK–(BUSINESS WIRE)–KKR & Co. Inc. (NYSE: KKR) today announced the appointment of Kathryn King Sudol as General Counsel of KKR. She will succeed David Sorkin who has served as General Counsel since 2007 and will become Chief Legal Officer of KKR. Both appointments are effective September 6, 2022. At the end of the first quarter of 2023, Ms. Sudol will assume the role of Chief Legal Officer, and Mr. Sorkin will become an Advisory Partner of KKR.

   
Ms. Sudol joins from Simpson Thacher & Bartlett LLP (“STB”), where she is currently Global Co-Head of Mergers and Acquisitions. She is one of the world’s leading corporate, M&A, and private equity lawyers, and has been a trusted advisor to corporate and private equity clients across a diverse range of industries in a variety of complex and high-profile transactions. During her 24-year career at STB, Ms. Sudol held numerous leadership roles, including as a longtime member of the firm’s Executive Committee and as head of the firm’s M&A practice in Asia from 2010 through 2018.

Commenting on the appointment, Joe Bae and Scott Nuttall, Co-Chief Executive Officers of KKR, said: “Katie has worked very closely with KKR and members of our senior team both in the U.S. and internationally for many, many years. She is a preeminent lawyer and a dynamic leader who is a perfect fit with KKR’s culture. We are delighted that she has decided to join KKR, and we are excited to work with her as a strategic partner for years to come in achieving our growth objectives.”

They added, “A colleague, friend, and trusted and strategic advisor, David has been instrumental in building KKR into the institution it is today. Among his many accomplishments over his fifteen years as General Counsel, David steered us forward as we became a public company, helped drive our growth into new businesses and regions, and built the strong legal and compliance teams, as well as internal audit and enterprise risk teams, that support every aspect of our business around the world. We look forward to continuing our longtime partnership with him in his next chapter at KKR.”

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.

Contacts

Investor Relations:
Craig Larson
Tel: +1-877-610-4910 (U.S.) / +1-212-230-9410
investor-relations@kkr.com

Media:
Public Affairs
Tel: +1-212-750-8300
media@kkr.com

Categories: People

Arsenal Capital Partners Adds Marc Tremblay as an Operating Partner Forcued on Industrial Technologies

Arsenal Capital Partners

July 6, 2022

New York, NY— Arsenal Capital Partners (“Arsenal”), a leading New York based private equity firm that invests in middle market industrial growth and healthcare companies, announced today that it has expanded its team with the addition of Marc Tremblay. Mr. Tremblay will work as an Operating Partner within the firm’s industrial growth team and focus on the team’s investment themes relating to industrial technology markets particularly in test, measurement, sensing, monitoring and related businesses. Mr. Tremblay will also be joining the board of Arsenal’s latest industrial growth investment, Headwall Photonics.

Mr. Tremblay was most recently President of Fluke Corporation, a global leader in electronic test & measurement tools, sensors, and software. Prior to joining Fluke Corporation in 2019, Mr. Tremblay held numerous senior executive positions at leading testing, measurement, sensing, and imaging companies such as Thermo Fisher Scientific, DigitalGlobe Inc., and Z Corporation. Mr. Tremblay graduated with a B.S. from the University of Ottawa and a Ph.D. from Stanford University, both in Mechanical Engineering. He also received an M.B.A. from the Harvard Business School.

Joe Rooney, an Investment Partner of Arsenal commented, “We are delighted to welcome Marc to our team. Marc’s extensive career has been characterized by over 25 years of innovative executive leadership and deep technical expertise across markets that benefit from the growing value of data and rapidly improving sensing technologies available.”

George Abd, an Operating Partner of Arsenal stated, “We are very excited to have Marc add his unique set of skills to our team to help guide the growth and impact of our portfolio companies as well as the development of new investment themes as Arsenal builds its industrial technology franchise.”

Mr. Tremblay stated, “This is a uniquely exciting and important time to be working with Arsenal as it continues to enable the next generation of industrial innovation. I look forward to working with the industrial growth team to build strategically important companies in areas that are well aligned with my interests.”

Press contact:
Jacqueline Schofield at Prosek Partners: pro-arsenal@prosek.com

Categories: People

Onex Appoints Ronnie Jaber and Sandeep Alva as Co-Heads of Onex Credit

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Onex

Toronto, June 27, 2022 – Onex Corporation (“Onex”) (TSX: ONEX) today announced Ronnie Jaber and Sandeep Alva have been named Co-Heads of Onex Credit. Mr. Jaber and Mr. Alva are proven leaders within Onex Credit and have played a critical role in the business as it executes on its ambitious growth plan.

“Ronnie and Sandeep are seasoned and successful investors with a strong vision for the future of Onex Credit,” said Bobby Le Blanc, President of Onex. “As innovative and collaborative leaders, I am confident they will drive results for our investors, partners and employees.”

In their new roles, Mr. Jaber and Mr. Alva will oversee strategies within their respective areas of investment expertise, while leading together on Onex Credit strategic and growth initiatives. Mr. Jaber will oversee structured credit and CLOs, as well as liquid and opportunistic strategies, while Mr. Alva will continue to have responsibility for direct lending, mezzanine and structured equity.

Commenting on the appointment, Mr. Jaber said: “I am thrilled to be partnering with Sandeep to take Onex Credit to the next level. We’ve made significant progress already on executing on our strategic plan, and we are both excited to be leading the team through the next phase of our history.”
Mr. Alva added: “We have a team and product offering to be proud of. Our bench strength has never been greater and our team’s ability to collaborate within Onex Credit and broadly across Onex is important and leverageable in continuing to provide investors with strong returns and broad investment opportunities.”

Mr. Jaber joined Onex Credit in 2020 to focus on growing the firm’s structured credit offering, which includes its global CLO platform. He has nearly 20 years of industry experience focused on leveraged, structured and opportunistic credit globally as well as shaping macro strategy. Mr. Alva joined Onex in late 2020 through the acquisition of Falcon Investment Advisors, which he founded in 2000. He has more than 35 years of industry experience focusing primarily on mezzanine and private equity investments.

About Onex
Onex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients across the globe. Formed in 1984, we have a long track record of creating value for our clients and shareholders. Onex’ two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors, or limited partners, and invest them, along with Onex’ own investing capital, through the funds of our private equity platforms, Onex Partners and ONCAP. Similarly, in Credit, we raise and invest capital across several private credit, public credit and public equity strategies. Our investors include a broad range of global clients, including public and private pension plans, sovereign wealth funds, insurance companies and family offices. In addition, through our private wealth platform, we service high net worth clients in Canada. In total, as of March 31, 2022, Onex has $49.2 billion in assets under management, of which $8.2 billion is Onex’ own investing capital. With offices in Toronto, New York, New Jersey, Boston and London, Onex and its experienced management teams are collectively the largest investors across Onex’ platforms.

Onex is listed on the Toronto Stock Exchange under the symbol ONEX. For more information on
Onex, visit its website at www.onex.com. Onex’ security filings can also be accessed at
www.sedar.com.

For Further Information:
Jill Homenuk
Managing Director – Shareholder Relations and Communications
Tel: +1 416.362.7711

Categories: People

KKR Appoints Raymond J. McGuire as New Independent Director

KKR

NEW YORK–(BUSINESS WIRE)– KKR & Co. Inc. (NYSE: KKR) today announced that Raymond J. McGuire has been appointed to the Board of Directors of KKR & Co. Inc. effective June 15, 2022. His appointment will bring the number of independent directors to thirteen out of a total of seventeen Board seats.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220615005864/en/

KKR Appoints Raymond J. McGuire as New Independent Director (Photo: Business Wire)KKR Appoints Raymond J. McGuire as New Independent Director (Photo: Business Wire)

Mr. McGuire is the former Vice Chairman of Citigroup, and, for over a decade, held various other senior leadership positions at Citigroup, including serving as the Global Head of Corporate and Investment Banking.

KKR’s other independent directors include Adriane Brown (Managing Partner of Flying Fish Partners), Matthew Cohler (former General Partner at Benchmark), Mary Dillon (former Executive Chair and Chief Executive Officer of Ulta Beauty, Inc.), Joseph Grundfest (Stanford Law Professor and former Commissioner of the Securities and Exchange Commission), Arturo Gutiérrez (Chief Executive Officer of Arca Continental, S.A.B. de C.V.), John Hess (Director and Chief Executive Officer of Hess Corporation), Dane Holmes (Co-Founder, Chairman and Chief Executive Officer of Eskalera, Inc.), Xavier Niel (Deputy Chairman and Chief Strategy Officer of Iliad SA), Patricia Russo (former Chief Executive Officer of Alcatel-Lucent), Thomas Schoewe (former Chief Financial Officer of Wal-Mart), Robert Scully (former member of the Office of the Chairman of Morgan Stanley) and Evan Spiegel (Co-Founder and Chief Executive Officer of Snap Inc.).

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.

Investor Relations:
Craig Larson
Tel: +1-877-610-4910 (U.S.) / +1-212-230-9410
investor-relations@kkr.com

Media:
Kristi Huller
Tel: +1-212-750-8300
media@kkr.com

Source: KKR & Co. Inc.

Categories: People