Joakim Rosengren is proposed as new Chairman of the Board of Latour

Latour logo
2022-11-22 08:30

Ahead of the Annual General Meeting 2023 in Investment AB Latour, the nomination committee proposes Joakim Rosengren as new Chairman of the Board of Latour. Joakim has a long industrial experience, which is an excellent fit for a company like Latour, with its profile as a long-term owner to many successful industrial companies. Joakim has had several management positions within the Tetra Pak Group, of which the latest as President and CEO of DeLaval International AB. Joakim has been a member of the Latour Board of Directors since 2019. Joakim is also a board member of Stena Metall AB and Stena Recycling AB.

Current Chairman of the Board, Olle Nordström, who has been Chairman of Latour’s Board of Directors since 2016, has declined re-election.

Göteborg, November 22, 2022

INVESTMENT AB LATOUR (PUBL)
Johan Hjertonsson, CEO

For further information, please contact:
Jan Svensson, Chairman of the nomination committee +46 705 77 16 40
Joakim Rosengren, Proposed Chairman of the Board, +46 708 69 69 06

Investment AB Latour is a mixed investment company consisting primarily of a wholly-owned industrial operations and an investment portfolio of listing holdings in which Latour is the principal owner or one of the principal owners. The investment portfolio consists of ten substantial holdings with a market value of about SEK 67 billion. The wholly-owned industrial operations has an annual turnover of SEK 22 billion.

This information is information that Investment AB Latour (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.30 CET on November 22, 2022.

Downloads

Categories: People

Arbor grows team and expands in-house capabilities with additional talent

Arbor Investment

Arbor Investments (“Arbor”), a specialized private equity firm focused exclusively on food, beverage and related industries announces several new hires to the firm’s Functional Discipline Team and Investment Team.

FUNCTIONAL DISCIPLINE TEAM

Jim Freeman has joined Arbor as Partner, Chief Financial Officer and Director of Investor Communications, with his role as CFO effective upon J. David Foster’s retirement. Freeman brings nearly 30 years of finance and accounting leadership experience, most recently as Senior Vice President of Capital Markets and Strategy at MGM Resorts International. Jim’s responsibilities included oversight of global capital raising, M&A, Treasury, Investor Relations and various strategic initiatives. His previous roles include serving as the CFO of Fontainebleau Resorts and as an investment banker at Banc of America Securities.

Nancy Fox has joined Arbor as Chief People Officer. Fox most recently was Chief People Officer at KBP Investments. Her professional experience spans public and private organizations leading and elevating human resource functions and organization cultures at KBP, Triumph Foods and its joint ventures with Seaboard Foods, Deffenbaugh Industries, Sprint and EMBARQ, VF Corp., and TWA.

Suzanne Martineau is joining Arbor as Director of Brand Strategy in December. Martineau most recently served as Chief Strategy Officer at Chicago-based advertising agency Schafer Condon Carter. She brings over 25 years of experience as a brand strategist and creative director with deep food & beverage expertise having partnered with clients including Kellogg’s, Glanbia, ANGOSTURA, Rich’s, ConAgra, Hershey’s, Campbells, the National Pork Board, and The Federalist Wines.

Freeman joins the firm to succeed longtime Arbor CFO and Partner J. David Foster who announced his retirement and will transition by year end. Fox joined the firm replacing former SVP of Organization Strategy & Talent Roberta McQuade who retired from Arbor earlier this year. Martineau will be joining Arbor’s in-house Brand & Marketing team led by Alison Miller, Partner & Chief Marketing Officer.

INVESTMENT TEAM

George Russell has joined Arbor’s Investment Team as a Vice President in the Chicago office. Russell is a recent MBA graduate from The Wharton School and previously worked at Goldman Sachs in the Consumer & Retail investment banking group.

Frederico Vivacqua has joined Arbor’s Investment Team as an Associate in the New York office. Vivacqua previously worked at Bank of America in the Consumer & Retail investment banking group.

Commenting on the hires and additions, Arbor President Carl Allegretti stated, “I’d like to personally thank Dave Foster and recognize his countless contributions to the firm over the last 20 years. He took a calculated risk and became employee number two when he joined Co-Founders Greg Purcell and the late Joe Campolo over two decades ago. Fast forward and Arbor has successfully raised five equity funds and two debt funds and deployed over $3B in capital under Dave’s tenure as CFO.”

“We’ve always differentiated ourselves by employing high-caliber resources in-house,” continued Allegretti. “These recent hires demonstrate our ability to continue attracting top tier talent with areas of specialization to facilitate Arbor’s hands-on investment approach, as well as to provide strategic direction, operational advice and management services to our portfolio companies.”

Categories: People

OMERS Infrastructure hires Managing Director to drive further investments in Europe

Omers Infrastructure

(16 November 2022) – OMERS Infrastructure has hired Luca Lupo to the role of Managing Director, based in London, to lead investment efforts in transportation and community infrastructure assets across Europe. Luca, who starts on 21 November, joins from Morgan Stanley where he was a Managing Director in the transportation and infrastructure team.

Luca’s appointment now takes the European investment arm at OMERS Infrastructure to over 25 colleagues, following the recent appointments of Henrik Onarheim (Associate Director), and Associates Lloyd Martin, Kristoffer Björksten and Alejandro Jimenez.

Earlier this month, OMERS Infrastructure completed the acquisition, together with APG, of energy transition platform Groendus, not only marking its entry into the Netherlands, but also the renewable energy sector in Europe. OMERS Infrastructure now has a total of 12 investments in Europe.

Alastair Hall, Senior Managing Director and Head of Europe, OMERS Infrastructure, said: “We’re delighted to welcome Luca to the team. He brings a wealth of experience across a range of sectors that will help to accelerate our investing efforts across two of our core investment themes – mobility and community. We have ambitions to double our global AUM in 5 years and increase OMERS allocation to infrastructure to 25% in that same timeframe, with Europe continuing to play an important role in that growth.”

For further information on the full team, please visit here: https://www.omersinfrastructure.com/team/.

OMERS Infrastructure contact

James Thompson

Director of Communications

E: JaThompson@omers.com

T: +44(0)7443 264 154

About OMERS Infrastructure

OMERS Infrastructure manages investments globally in infrastructure on behalf of OMERS, a defined benefit pension plan for municipal employees in the Province of Ontario, Canada, and third-party investors through its Strategic Partnership Program. OMERS Infrastructure currently has approximately C$32 billion in assets under management and over 30 investments, principally in North America, Europe and Asia-Pacific and across sectors including energy, digital services, transportation and government-regulated services. OMERS Infrastructure has employees in Toronto, New York, the U.K., Continental Europe (including Amsterdam, NL), Asia and Australia. More information: www.omersinfrastructure.com.

Categories: People

Denise Persson joins the Patricia Industries Board

Investor
2022-11-11 08:15

Denise Persson, Chief Marketing Officer at Snowflake, a cloud data platform company, has been appointed to the Board of Directors of Patricia Industries.

“I am glad that Denise Persson has accepted to join the Patricia Industries Board. We look forward to working together with Denise given her extensive experience in new technology and digitalization from Silicon Valley, and her insight in companies in early stages,” says Marcus Wallenberg, Chair of the Patricia Industries Board.

Denise Persson is currently also a member of the Board of ON24 and Neo4j and was previously the CMO at Apigee and Genesys.

Patricia Industries’ Board includes Gunnar Brock, Sune Carlsson, Johan Forssell, Denise Persson, Åsa Riisberg, Inge Thulin, Jacob Wallenberg and Marcus Wallenberg.

 

About Patricia Industries
Patricia Industries is a long-term owner that invests in companies and works to develop each company to its full potential. Patricia Industries is a part of the industrial holding company Investor AB, whose main owner is the Wallenberg Foundations.

Our press releases can be accessed at www.investorab.com

Investor, founded by the Wallenberg family in 1916, is an engaged owner of high quality global companies. We have a long-term investment perspective. Through board participation, as well as industrial experience, our network and financial strength, we work continuously to support our companies to remain or become best-in-class. Our holdings include, among others, ABB, Atlas Copco, Ericsson, Mölnlycke and SEB.

For further information:

Viveka Hirdman-Ryrberg, Head of Corporate Communication and Sustainability,
Phone +46 70 550 3500
viveka.hirdman-ryrberg@investorab.com

Magnus Dalhammar, Head of Investor Relations,
Phone +46 73 524 2130
magnus.dalhammar@investorab.com

Categories: People

Aurora Capital Partners Promotes Bianca Sganga to Vice President

Aurora Capital

LOS ANGELES, Nov. 9, 2022 /PRNewswire/ — Aurora Capital Partners (“Aurora” or the “Firm”) is pleased to announce that Bianca Sganga has been promoted to Vice President. Prior to joining Aurora in 2019 as an Associate, Bianca worked in the Investment Banking Division at Goldman Sachs in both New York and Sydney.

At Aurora, Bianca has worked closely with Aurora portfolio companies Premier Roofing, where she is a member of the Board of Directors, and Randall Reilly. She has also played an active role in the Firm’s recruiting and training efforts for new Associates. Bianca earned her B.S. in Chemical Engineering from Columbia University.

“Bianca has been an outstanding contributor since joining Aurora, both internally as a key member of the investment team and externally to our portfolio companies,” said Matt Laycock, a Partner at Aurora. “Our team and culture are our most important assets at Aurora, and we look forward to Bianca’s continued growth in her new role.”

Aurora recently completed the sale of VLS Environmental Solutions to I Squared Capital in August as well as the sale of National Technical Systems to Element Materials Technology Group in September, the latter of which marked the final exit from Aurora’s Fund IV. The Firm also recently completed the take-private acquisition of Sharps Compliance in August and acquired Universal Pure in November.

About Aurora Capital Partners
Aurora Capital Partners is a leading Los Angeles-based private equity firm with over $4.5 billion in assets under management. Founded in 1991, the firm focuses principally on control investments in middle-market companies with leading market positions, stable industry dynamics, attractive business model characteristics and actionable opportunities for growth in partnership with management. Aurora provides unique resources to its portfolio companies through its Strategy & Operations Program and its team of experienced operating advisors. Aurora’s investors include leading public and corporate pension funds, endowments and foundations active in private equity investing. For more information about Aurora Capital Partners, visit: www.auroracap.com.

Media Contacts:
Aurora Capital Partners
ASC Advisors
Taylor Ingraham / Harriet Hartman
+1 (203) 992-1230
tingraham@ascadvisors.com / hhartman@ascadivsors.com

SOURCE Aurora Capital Partners

Categories: People

EQT strengthens and diversifies its management team with key leadership appointments

eqt

EQT AB (EQT) today announced three key additions to its Executive Committee (ExCom).

Suzanne Donohoe joins as Chief Commercial Officer (“CXO”) and will lead a newly-formed platform to drive EQT’s external commercial activities. She joins EQT most recently from KKR where she was a Partner & Global Head of Strategic Growth. Donohoe also built and led the Client & Partner Group for over a decade and served as Co-head of the Inclusion & Diversity Council. Her prior experience includes an extensive global career at Goldman Sachs. Altogether, Donohoe brings thirty years of experience to her new role, where she will be responsible for the firm’s external commercial activities (outside of its investment strategies). In addition to Capital Raising & Client Relations, the new Platform “EQT-Ext” includes the firm’s Sustainability, Business Development, and Communications efforts. Donohoe will start in January 2023.

Ricardo Reyes will oversee Global Communications & External Affairs after recently joining EQT full-time. He brings significant experience from his roles positioning Tesla, YouTube and most recently Dyson, where he was the Chief Communications Officer. In addition to his work in Silicon Valley, Reyes started his career in Washington DC, working at the White House and on policy initiatives. Born in Managua, Nicaragua, his diverse experience will be instrumental to ensure that the EQT brand supports the business and addresses an ever-expanding global audience.

EQT also announces the elevation to ExCom of Gustav Segerberg, an accomplished leader at EQT with responsibility for the firm’s Business Development efforts. Segerberg joined EQT in 2016 as part of the Capital Raising & Client Relations team after a decade as an investment banker. He became Head of Business Development in 2018. Segerberg has played a crucial role in the strategic development of EQT in recent years, including executing EQT’s IPO in 2019, and driving the combinations with BPEA, Exeter and LSP, as well as new product development.

“The newest members of EQT’s Executive Committee will equip EQT with an unmatched set of competencies, backgrounds, and perspectives to continue serving our global clients and partners,” said Christian Sinding, CEO & Managing Partner at EQT. “Suzanne joins us at a unique point in time with EQT having become a truly global firm, and she brings a broad range of leadership experiences to our team. I am very pleased that Ricardo has taken on the role of globalizing EQT’s brand and communications; and with the internal promotion of Gustav to the ExCom we are securing our continued development through M&A and new initiatives.”

The changes follow a decision on the part of Morten Hummelmose, who joined EQT in 2006, to step down. He served in a variety of roles over his tenure and most recently led the firm’s capital raising efforts. Hummelmose will remain a member of the EQT Foundation and be part of its Investment Committee.

“I extend my warmest gratitude to Morten for his significant contributions to EQT over many years, most recently as Head of CR,”  said Sinding.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

About EQT
EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of almost three decades of delivering consistent and attractive returns across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business’ development, from start-up to maturity. EQT today has EUR 114 billion in assets under management, within two business segments – Private Capital and Real Assets.

With its roots in the Wallenberg family’s entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.

The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in 24 countries across Europe, Asia and the Americas and has more than 1,750 employees.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, Twitter, YouTube and Instagram

Categories: People

DIF appoints three partners – press release

DIF

DIF Capital Partners is pleased to announce the appointment of three partners, Zaina Ahmed-Karim, Tom Goossens and Vincent Liu.

The promotion of Tom and Vincent from managing director to partner is in response to their personal contributions to the strong development of the firm. Tom and Vincent, who joined DIF in 2014 and 2016 respectively, have been leading several landmark investments over the years and have played a key role in further building the presence of DIF in their respective markets. Tom has been covering the UK, Ireland and Scandinavia, Vincent North America.

Zaina joined DIF on the 1st of September to succeed Robert Doekes as CFO. She will be responsible for finance and investor reporting, as well as tax, treasury, IT and operations. Zaina was previously CFO of Dasym, an investment management boutique firm. Prior to that, she spent 25 years at EY, of which 13 years as senior audit partner in the Financial Services group. She is a qualified chartered accountant and holds a Master’s degree in both Business Economics and Accountancy from the VU Amsterdam University, the Netherlands.

Robert Doekes retired as a partner after 13 years in his role as CFO. DIF is pleased to be able to continue to benefit from his experience and knowledge, given that he will stay active for DIF in several projects and advisory roles.

Managing partner Wim Blaasse said, “”We are very pleased to welcome Zaina, Tom and Vincent as partners of DIF. Zaina has now officially taken over the role of Robert as CFO. I’m confident her longstanding background and experience will be of great added value to DIF. At the same time, her appointment will further increase the diversity of our senior leadership team. We would like to express deep gratitude to Robert for his commitment and contribution to building a strong investment platform over the last 13 years. Tom and Vincent have already contributed substantially to where we are today and I am confident they will continue to play a crucial role in achieving the future success of the company.”

About DIF Capital Partners

DIF Capital Partners is a leading global independent investment manager, with ca. EUR 14 billion in assets under management across eleven closed-end infrastructure funds and several co-investment vehicles. DIF invests in infrastructure companies and assets located primarily in Europe, the Americas, and Australia through two complementary strategies:

  • Traditional DIF funds, of which DIF Infrastructure VII is the latest vintage, target core infrastructure equity investments with long-term contracted or regulated income streams including public-private partnerships, concessions, utilities, and energy transition projects (incl. renewable energy).
  • DIF CIF funds, of which DIF CIF III is the latest vintage, target equity investments in small to mid-sized core-plus infrastructure companies in the telecom, energy transition, and transportation sectors.

DIF Capital Partners has a team of over 200 professionals, based in eleven offices located in Amsterdam (Schiphol), Frankfurt, Helsinki, London, Luxembourg, Madrid, New York, Paris, Santiago, Sydney, and Toronto. For more information please visit www.dif.eu.

Contact DIF: Diederik Heinink, d.heinink@dif.eu

Categories: People

Advent International appoints Shar Dubey and Mandy Ginsberg as Operating Partners

Former Match Group executives bring 54 years of collective experience to further strengthen Advent’s consumer technology practice

BOSTON, October 20, 2022 – Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced the appointments of Shar Dubey and Mandy Ginsberg as Operating Partners. Dubey and Ginsberg will play key roles in further building out Advent’s consumer technology practice and work collaboratively with the firm’s consumer and technology investment teams and the management teams of its portfolio companies.

Dubey and Ginsberg bring substantial experience in building digital communities and scaling disruptive global businesses, having each previously served as Chief Executive Officer of Match Group (NASDAQ: MTCH), a leading provider of digital technologies designed to help people make meaningful connections. Dubey and Ginsberg were instrumental in developing the online dating category, growing the business and leading the preparation and spin off of Match Group from international consumer internet conglomerate InterActiveCorp (“IAC”) in 2020. Ginsberg served as CEO from 2018-2020 before transitioning the role to Dubey, who held the position until May 2022. During the combined four plus years under their leaderships, Dubey and Ginsberg helped grow Match Group’s revenue and adjusted operating income by approximately 125%, respectively.

“We’re thrilled to welcome Shar and Mandy as advisors to Advent as we continue to bolster the breadth and depth of our Operating Partners, who play a critical role in the evolution and growth of our portfolio companies around the world,” said Tricia Glynn, Managing Director on Advent’s consumer team. “Both executives have an innate understanding of how to build market leaders and digital communities, and as technology becomes a greater part of our lives, community is now more important than ever. Moreover, consumer technology is a high-growth sector that we have closely followed for a number of years and one which we believe is a strategic fit for our investment strategy and operating model, especially with the guidance and partnership of Shar and Mandy.”

“I’m excited to work with Advent alongside one my closest personal and professional friends in Mandy,” said Dubey. “As one of the largest and most recognized alternative investors, I have been impressed with the well-thought-out strategy and executed steps Advent has taken to scale some of the world’s most prominent companies across the retail, consumer, leisure and technology spaces. I am eager to begin working closely with portfolio companies to help strategize, identify and implement meaningful growth opportunities.”

“The consumer technology industry is a highly attractive and evolving sector that offers innovative products, services and experiences that can meaningfully improve and impact lives in a variety of categories from health and relationships to travel and entertainment,” said Ginsberg. “After working hand in hand with Shar for many years, it’s a pleasure to have the opportunity to partner with her again in a new venture and to provide our collective insights to dynamic digital businesses. Advent is a powerful and exciting platform where we can bring our industry knowledge, operational expertise and leadership experience to help create even further value at the firm’s portfolio companies.”

“Both Shar and Mandy maintain impeccable track records and, more importantly, are highly respected professionals who we believe will provide significant value add to our portfolio companies and their management teams while also serving as key advisors to our investment staff,” said Bryan Taylor, Managing Partner and head of Advent’s technology team. “We welcome them and look forward to their future contributions to the firm and our growing portfolio of leading consumer technology companies.”

Prior to serving as CEO of Match Group, Dubey held a number of roles within IAC and its brands, including President of Match Group, Chief Operating Officer of Tinder, President of Americas at Match Group, Chief Product Officer of the Princeton Review and Tutor.com and Chief Product Officer at Match.com and Chemistry.com. Before joining Match Group and IAC, Dubey served as a Director of Product Marketing and Management at i2 Technologies (NKA: Blue Yonder Group) and as an engineer at Texas Instruments. Dubey currently serves on the Board of Directors at Naspers Limited (JSE: NPN), Prosus N.V. (JSE: PRX), Fortive Corporation (NYSE: FTV), Match Group and MyFitnessPal. In 2021, she was named one of Fortune’s “Most Powerful Women in Business” and was the recipient of Tech Leader of the Year for Vogue’s “Women of The Year” awards. Dubey earned a MS in Engineering from The Ohio State University and a BS in Engineering from the Indian Institute of Technology.

Before leading Match Group as global and North America CEO, respectively, Ginsberg served in numerous roles at IAC over 14 years, including CEO of the Princeton Review and Tutor.com and President of Match.com. Ginsberg previously served as a Vice President of Marketing at i2 Technologies and advised consumer technology clients as a Vice President at public relations firm, Edelman. She began her career in marketing in the high-tech sector in Tel Aviv, Israel. Ginsberg currently serves on the Board of Directors at Uber Technologies (NYSE: UBER) and ThredUp (NASDAQ: TDUP). She previously served as a director at Match Group, J.C. Penney Company and Care.com. Ginsberg earned an MBA from The Wharton School of the University of Pennsylvania and a BA in English and Spanish Literature from the University of California, Berkeley.

ABOUT ADVENT INTERNATIONAL

Founded in 1984, Advent International is one of the largest and most experienced global private equity investors. The firm has invested in over 400 private equity investments across 41 countries, and as of June 30, 2022, had $96 billion in assets under management. With 15 offices in 12 countries, Advent has established a globally integrated team of 285 private equity investment professionals across North America, Europe, Latin America and Asia. The firm focuses on investments in five core sectors, including business and financial services; health care; industrial; retail, consumer and leisure; and technology. For over 35 years, Advent has been dedicated to international investing and remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies.

For more information, visit
Website: www.adventinternational.com
LinkedIn: www.linkedin.com/company/advent-international

 

Media contacts

US
Kerry Golds or Sophia Templin
FGS Global
Tel: +1 212 687 8080
Adventinternational-US@fgsglobal.com

UK
Graeme Wilson or Harry Cameron
Tulchan Group
Tel: +44 20 7353 4200
Advent@tulchangroup.com

Categories: People

Bluegem opens Luxembourg office and expands team

Bleugem

Bluegem Capital Partners LLP, a consumer specialist private equity firm, is pleased to announce that it has established an office in Luxembourg, expanded its artificial intelligence and portfolio management resources, and recruited new joiners to its investment and operations teams.

Establishing the Luxembourg office strengthens our senior operations team and ensures post-Brexit continuity of the provision of fund management services within the EU. Claire Burke, Managing Director Luxembourg, takes responsibility for Finance and IT functions in Luxembourg. Ben Crivelli, Managing Director Luxembourg, takes responsibility for Compliance and Risk Management functions in Luxembourg.  Maximilian Fritz, Legal Counsel Luxembourg, supports our in-house legal team with matters related to Luxembourg. Claire, Ben and Maximillian bring collectively 35 years of experience from Luxembourg financial services roles including legal counsel, ESG, finance and compliance. Additionally, Stephen Cooper, Financial Controller, joins the London-based operations team from Montagu where he was since 2012, working in the Investor Reporting and Portfolio & Insights teams.

Bluegem has strengthened its investment team with the recruitment of Marie Teissedre and Sebastian Bjeldskov who join the Pan European Team, highlighting Bluegem’s continued momentum in deploying its latest fund. Bluegem is currently investing from its third-generation fund which closed in February 2022 and is already nearly 60% invested in a diverse portfolio of five assets. Bluegem is focused on opportunities for investment in the consumer staples sector underpinned by strong secular megatrends.

Bluegem has built proprietary artificial intelligence tools to underpin investment decisions and accelerate value creation. Adding to this portfolio of digital expertise, Bluegem have engaged Farid Sarwari who is focused on data insight across the portfolio and Chris Hammond who brings over a decade of experience leading ecommerce transformations at leading consumer brands.

With the growth of the portfolio, Bluegem have also enhanced the portfolio management function focused on value creation and performance improvement. Pierre-Arthur Chatard brings experience from the Goldman Sachs Foundation, Alvarez & Marsal and Roland Berger, will predominantly consult across the French based portfolio companies. Meanwhile Carsten Steinburg, brings experience from Alvarez & Marsal and KPMG, and will predominantly consult across the DACH based portfolio companies. Pierre and Carsten join the Bluegem network of consultants and industry veterans from blue chip firms such as Amazon, Google and P&G to help partner companies scale sustainably.

Commenting on these appointments, Emilio Di Spiezio Sardo, Founding Partner, Bluegem said:

“We are delighted to welcome all our new joiners, who bring extensive experience and expertise which will enhance the Bluegem platform and position us well for long term growth. We are particularly excited to continue advancements in development of our Artificial Intelligence and Digital toolkit, which is an integral part of our investment lifecycle.”

About Bluegem Capital Partners LLP

Bluegem is a specialist consumer-focused private equity firm that partners with management teams and founders to accelerate growth of strong consumer brands. With a track record of investing across Europe through different economic cycles, industry and market conditions, Bluegem has refined their investment strategy to focus on resilient consumer segments benefiting from secular megatrends, including Beauty and Personal Care; Household Care; Food and Beverage; Baby Care; Pet Care; Home Décor; and Hobby and Craft. More information about Bluegem can be found at www.bluegemcp.com.

Categories: People

Balance Point Announces Kellyn Riccitelli has Joined the Firm as a Managing Director and Head of Investor Relations

Balance Point Capital
Westport, CT – October 5, 2022. Balance Point Capital Advisors, LLC (“Balance Point”), a leading provider of flexible capital to lower middle market companies, is pleased to announce that Kellyn Riccitelli has joined the firm as a Managing Director and Head of Investor Relations. Prior to joining Balance Point in September, Ms. Riccitelli was the Director of Investor Relations at Onex Falcon, a private credit asset manager, and a member of Onex’ Client and Product Solutions team where she focused on the company’s fundraising and investor relations efforts across the platform. Prior to Onex Falcon, Ms. Riccitelli began her career in KPMG’s financial services group. Ms. Riccitelli holds a B.S. in Finance and Accounting and an MBA from Bentley University and is a Certified Public Accountant.
“I am delighted to join Balance Point. With its demonstrated track record and competitive position within the U.S. lower middle market, Balance Point has established itself as a premier private credit franchise and attracted a strong investor base.” said Ms. Riccitelli. “I look forward to working with our valued partners and engaging with the broader LP community on behalf of the leadership at Balance Point.”
“We are excited to have Kellyn join our team and lead our investor relations function” said Seth W. Alvord, Balance Point’s Managing Partner.  He continued, “Kellyn brings a wealth of experience in communicating to LP constituents and is a wonderful addition to our broader Balance Point team.”
Justin Kaplan, a partner at Balance Point, commented, “We are pleased to welcome Kellyn to the Balance Point platform.  Kellyn provides valuable expertise and insights that will help us continue to grow and improve both our firm and our engagement with not only our limited partners but the broader investor ecosystem as well.”
About Balance Point Capital
Balance Point Capital is an alternative investment manager focused on the lower middle market. With approximately $1.7 billion in assets under management as of September 2022, Balance Point invests debt and equity capital in select lower middle market companies across a variety of investment vehicles.  We take a long-term, partnership approach to investing and are committed to building lasting relationships with our partners, management teams and intermediaries.
Balance Point Capital Advisors, LLC (referred to herein as Balance Point Capital) is a registered investment advisor. Further information is available at www.balancepointcapital.com.

Categories: People