At today’s Annual General Meeting of Nordstjernan, the following Board members were re-elected: Viveca Ax:son Johnson (Chairman), Johan Blomquist, Peter Leimdörfer, Tomas Nicolin and Christoph Vitzthum. Axel Mörner was elected new Board member and Vice Chairman. Caroline Berg has declined re-election after serving as Board member and Vice Chairman for seven years.

Axel Mörner has a background as Investment Director of Axel Johnson Inc. (US) and has held a number of management roles at Axfood, but also has many years of experience from Board work in both entrepreneurial and investment companies. Today, Axel Mörner is Chairman of Axel Johnson Inc. and a Board member of AxSol, Swedish-American Chamber of Commerce New York, the investment council for Altocumulus Asset Management, the Axel and Margaret Ax:son Johnson Foundation for Public Benefit and so forth.

“We are very pleased that Axel, with his experience and international perspective, has decided to join the Board and contribute to Nordstjernan’s new investment strategy. He belongs to the fifth generation of our family to now become involved in the company, which ensures a high level of continuity that we and other owners appreciate,” says Viveca Ax:son Johnson, Chairman of the Axel and Margaret Ax:son Johnson Foundation for Public Benefit and Caroline Berg, Chairman of the Axel and Margaret Ax:son Johnson Foundation.

“It is both a great honor and a pleasure to be elected to Nordstjernan’s Board. I am very much looking forward to working together with Viveca and the rest of the Board and thereby contributing to Nordstjernan in the future,” says Axel Mörner.

Questions will be answered by:

Stefan Stern, Head of Communications, Nordstjernan

Mobile: +46 70 636 74 17

E-mail: stefan.stern@nordstjernan.se

Nordstjernan is predominantly owned by the Axel and Margaret Ax:son Johnson Foundations. Since its establishment in 1890, Nordstjernan has owned and developed hundreds of companies in a range of industries. Today, Nordstjernan has investments in more than 20 companies in five focused sectors. Together, these companies have sales of SEK 130 billion and employ more than 50,000 people. Read more on www.nordstjernan.se.

Pittsburgh, PA, April 24, 2023 – Confluence Technologies, Inc. (“Confluence”), a global software provider helping the investment management industry solve complex investment data challenges, today announced that Joan Binstock has joined its board of directors. Confluence is backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and TA Associates (“TA”).

Ms. Binstock brings more than 30 years of experience in the asset management industry. She currently serves as Independent Director and Audit Chair at KKR Real Estate Select Trust Inc., as well as a Board Member at both Morgan Stanley Direct Lending Fund, and Brown Brothers Harriman US Mutual Funds.

“We are thrilled to have Joan join our board,” said Mark Evans, CEO of Confluence. “Her extensive experience in the asset management industry, across a broad set of asset classes and working with multiple technology providers, is invaluable as we continue to expand our solutions to better serve the investment management industry.”

Ms. Binstock previously held several executive leadership positions, including as Partner, Chief Financial and Operations Officer at Lord, Abbett & Co. LLC. She also serves as a Board Member for various non-profit organizations and educational institutions, including Year Up, Bronx High School of Science, and the Duke University School of Medicine. Ms. Binstock holds a bachelor’s degree from Binghamton University and an MBA from the NYU Stern School of Business.

“I am excited to join the board of Confluence,” said Ms. Binstock. “Confluence has a strong reputation in the industry for providing innovative and proven solutions that help customers in the asset management industry navigate regulatory compliance and make better investment decisions. I look forward to working with the team to continue to drive growth and success for the company.”

About Confluence

Confluence is a leading global technology solutions provider committed to helping the investment management industry solve complex data challenges across the front, middle and back offices. From data-driven portfolio analytics to compliance and regulatory solutions, including investment insights and research, Confluence invests in the latest technology to meet the evolving needs of asset managers, asset owners, asset services, and asset allocators to provide best-of-breed solutions that deliver maximum scalability, speed, and flexibility, while reducing risk and increasing efficiency. Headquartered in Pittsburgh, PA, with 15 offices across the United Kingdom, Europe, North America, South Africa, and Australia, Confluence services over 1000 clients in more than 40 countries. For more information, visit  www.confluence.com.

About Clearlake

Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.®. The firm’s core target sectors are technology, industrials, and consumer. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com and on Twitter @Clearlake.

About TA Associates

TA Associates (“TA”) is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its five target industries – technology, healthcare, financial services, consumer and businesses services. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $48.6 billion in capital to date and has more than 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong. For more information, visit www.ta.com.

Media Contacts:

For Confluence:

Vanja Lakic

Vanja.lakic@cognitomedia.com  

For Clearlake:

Jennifer Hurson

jhurson@lambert.com

For TA Associates:

Marcia O’Carroll

mocarroll@ta.com

Activa Capital has announced the promotion of Elliot Thiéblin to the position of Investment Director, five years after he joined the investment firm.

Elliot started working with Activa Capital as an Associate in 2018, and later became an Investment Manager in 2021. During his time at the company, Elliot has been involved in several transactions for Activa Capital Fund III (Explore and Medisys) and Activa Capital Fund IV (Arche MC2 and BSK Immobilier), as well as various build-ups for these companies.
Prior to joining Activa Capital, Elliot worked at Lincoln International for over three years as an Analyst and then as an Associate. While at Lincoln International, Elliot worked on numerous LBO transactions, particularly in the distribution, healthcare, packaging, and business services sectors.
Elliot holds a degree from EM Lyon.
Christophe Parier and Alexandre Masson, Managing Partners at Activa Capital, stated: “Elliot has been a key contributor to Activa Capital’s success. His promotion is a reflection of his constant dedication to the team, and we warmly congratulate him.”

About Activa Capital
Activa Capital is an independent private equity company, owned by its partners, characterised by a proactive build-up strategy. It currently manages more than €300 million on behalf of institutional investors investing in French SMEs and Mid-Caps with high growth potential and an enterprise value ranging between €20 million and €100 million. Activa Capital supports them in accelerating their development and their international presence.
To learn more about Activa Capital, visit www.activacapital.com

Press contacts
Contacts Presse Alexandre Masson Christophe Parier Managing Partner Managing Partner +33 1 43 12 50 12 +33 1 43 12 50 12 alexandre.masson@activacapital.com christophe.parier@activacapital.com

The Supervisory Board of DIF Management B.V. is pleased to announce changes to the composition of its Executive Committee (ExCo) designed to create a more effective and focused governance body.

DIF’s ExCo is responsible for the daily operations of the firm and ultimately for the execution of the investment strategies of the funds. The ExCo leads the organisation, sets policies and oversees performance versus strategic objectives.

Given the growth of the firm over recent years, DIF has concluded that a more streamlined ExCo will optimize the efforts of DIF’s partners and ensure the ExCo’s continued effectiveness.

Therefore, as from 15 February 2023, the ExCo of DIF Capital Partners consists of five members:

• Chief Executive Officer (CEO): Wim Blaasse
• Deputy CEO: Gijs Voskuyl
• Chief Investment Officer (CIO): Allard Ruijs
• Chief Financial Officer (CFO): Zaina Ahmed-Karim
• Chief Risk Officer (CRO): Anne Snel-Simmons

Wim Blaasse continues to act as DIF’s CEO (Managing Partner), the chairman of the ExCo and the chairman of all of DIF’s investment committees.

Gijs Voskuyl has been appointed DIF’s Deputy CEO, a new role in the ExCo, taking over a number of responsibilities from Wim with regards to managing the broader DIF organisation. Gijs joined DIF in 2008 and has played an instrumental role in a large number of transactions over the last 15 years. Gijs will continue his lead role managing the traditional DIF funds (including DIF Infrastructure VII).

Allard Ruijs has been appointed Chief Investment Officer (CIO). This is a new role within DIF and will involve overseeing the development of all of DIF’s investment strategies, which includes deal oversight  from origination and execution, through to asset management and ultimately exit. Allard will continue to oversee DIF’s investor relation activities and will continue to act as vice-chairman of the investment committees of all DIF-managed funds. He joined DIF in 2007 in the investment team. From 2012 through 2022, Allard was Head of Investor Relations & Business Development.

The Chief Financial Officer (CFO) as well as Chief Risk Officer (CRO) roles will remain unchanged and are filled respectively by Zaina Ahmed-Karim and Anne Snel-Simmons. Zaina and Anne joined DIF in 2022 and 2018, respectively.

The Dutch Authority for the Financial Markets has approved the appointments and the Works Council has given its positive advice.

With the streamlining of the ExCo and the creation of the Deputy CEO and CIO roles, DIF believes it is well-positioned for the next chapter of its successful growth journey.

About DIF Capital Partners

DIF Capital Partners is an independent infrastructure fund manager, with more than EUR 15 billion of AUM. DIF was founded in 2005 and has built a leading position in managing mid-market investments, primarily in Europe, North America and Australia.

DIF follows two strategies: its traditional DIF funds invest in lower risk mid-sized infrastructure projects and companies in the energy transition (incl. renewables) and utilities sector, as well as PPPs and concessions. The firm’s CIF funds invest in small to mid-sized companies that will thrive in the new economy. These companies are typically active in the digital, energy transition and sustainable transportation sector.

With a team of over 210 professionals in 11 offices, DIF Capital Partners offers a unique market approach combining global presence with the benefits of strong local networks and investment capabilities. DIF is located in Amsterdam (Schiphol), Frankfurt, Helsinki, London, Luxembourg, Madrid, New York, Paris, Santiago, Sydney and Toronto.

For more information, please visit www.dif.eu.

Osborne brings a data and analytics-driven approach to drive continued growth worldwide

IRVINE, CA – March 23, 2023 – Appriss Retail, a leading provider of data and analytics solutions designed to reduce retail losses, decrease returns, and provide a more seamless consumer experience, today announced the appointment of Michael Osborne as Chief Executive Officer (CEO). Interim CEO and Board Member Krish Sastry will continue to serve on the Board of Directors and support Osborne in shaping the strategic direction and future of the business. Appriss Retail is a portfolio company of Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Insight Partners.

Today, omnichannel retailers are grappling with the unique and significant challenges of understanding consumer behavior across channels and finding ways to effectively engage their shoppers. At the same time, the cost and complexity of identifying and mitigating nearly $100 billion in losses from shrinkage, including return fraud, is top-of-mind for senior retail executives. Osborne is uniquely prepared to help omnichannel retailers around the world combat this issue.

“We are excited to partner with Michael and continue to support the talented Appriss Retail team,” said James Pade, Partner and Managing Director at Clearlake. “Michael is a proven leader, and the combination of his experience shaping cross-channel consumer experiences for major retailers and his passion for leveraging analytics will empower Appriss Retail to further help omnichannel retailers create seamless online and offline experiences for their shoppers.”

“Omnichannel retailers are tasked with striking a constant balance between attracting and retaining profitable customers, while using data and analytics to identify and reduce fraud and abuse,” said Krish Sastry, Managing Director at Insight Partners. “Michael’s track record of applying sophisticated analytics to shape consumer experiences for omnichannel retailers of all sizes will be invaluable as Appriss Retail strengthens its commitment to loss prevention, while finding innovative ways to maximize profit for customers.”

Osborne has spent over two decades in the technology, data, and analytics industries, with proven success in developing and executing high-impact growth strategies. Most recently, Osborne served as President of Wunderkind, a leading performance marketing technology company. He joined Wunderkind after its acquisition of SmarterHQ, an analytics company that creates powerful cross-channel consumer experiences, where he served as CEO. Prior to leading SmarterHQ, Osborne served as Chief Revenue Officer at Bazaarvoice, where he played an integral role in the company’s rapid growth to a $150+ million recurring revenue business at IPO.

“Appriss Retail’s success to date has been outstanding,” said Osborne. “I am thrilled to lead the amazing team that has delivered high-ROI solutions for nearly 20 years. I look forward to partnering with our customers to find new ways to help them understand their consumers better and sustain profitable ways of doing business.”

To learn more about Appriss Retail’s successes and ongoing growth, visit www.apprissretail.com.

About Appriss Retail

Appriss Retail provides AI-driven analytics and real-time, integrated recommendations focused on identifying and mitigating theft, fraud and abuse, while shaping positive experiences for profitable consumers. Used by more than 60 of the Top 100 omnichannel retailers, the company’s SaaS solutions improve retail profitability by reducing fraud and abuse, minimizing ecommerce claims and appeasements, and preventing losses caused by employee theft and turnover. For more information about Appriss Retail, visit www.apprissretail.com.

About Clearlake

Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.^® The firm’s core target sectors are technology, industrials, and consumer. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com and on Twitter @Clearlake.

About Insight Partners

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of December 31, 2022, the firm has over $75B in regulatory assets under management. Insight Partners has invested in more than 750 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with right-sized, right-time practical, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on Twitter @insightpartners.

Media Contacts

For Appriss Retail:

Jenna Jordan

Ketner Group Communications

jenna@ketnergroup.com

For Clearlake:

Jennifer Hurson

Lambert

jhurson@lambert.com

New role deepens KKR’s commitment to collaborating with private wealth firms and financial advisors and expanding individual investors’ access to its alternative investment strategies

NEW YORK–(BUSINESS WIRE)– KKR, a leading global investment firm, today announced the appointment of Paula Campbell Roberts as Chief Investment Strategist for Private Wealth. In this newly created role, Ms. Roberts will work closely with KKR’s Global Macro, Balance Sheet and Risk team to deliver actionable investment insights to KKR’s private wealth partners, which include wirehouses, private banks, independent/regional broker-dealers, registered investment advisors (RIAs) and fintech platforms.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230322005102/en/

Paula Campbell Roberts. (Photo: Business Wire)

“Investors are rethinking the traditional 60/40 portfolio construction model and are increasingly looking towards alternative investments as a source of uncorrelated returns. Given our nearly five decades of experience investing in alternatives, we believe we are well positioned to help individuals meet their retirement needs,” said Todd Builione, Global Head of Private Wealth at KKR. “Paula’s appointment underscores our commitment to building a market-leading wealth business that brings the best of KKR’s insights and alternative investment strategies to this important and growing segment.”

“Having worked closely with Paula for the past seven years, I am confident that her breadth of experience across macroeconomics, deal related work, and asset allocation will make her a trusted resource to financial advisors and our private wealth investors,” said Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

KKR manages nearly $70 billion in private wealth assets (as of December 31, 2022) through relationships with private wealth firms and a large network of Financial Advisors and RIAs. Currently, individual investors can access KKR’s real estate and credit investments through its continuously offered registered funds, KKR Real Estate Select Trust (KREST) and KKR Credit Opportunities Portfolio (KCOP). Beyond real estate and credit, KKR has previously stated that the firm intends to have ways for individuals to access its investments in private equity and infrastructure in 2023. KKR expects private wealth assets to account for 30-50% of its annual fundraising over the next several years.

“I am thrilled to work with Todd, Henry and the private wealth team to deepen our relationships with private wealth firms and Financial Advisors by providing differentiated and trusted insights that help them navigate and thoughtfully incorporate alternative investments into their portfolios,” said Ms. Roberts.

Ms. Roberts was most recently Managing Director and Global Head of Consumer and Real Estate Macro and Thematic Investing (CREM). In this role, Ms. Roberts helped drive thematic investing efforts across KKR’s global real estate, consumer private equity and credit businesses. Prior to joining KKR in 2017, she was an executive director at Morgan Stanley, where she managed coverage of the U.S. consumer sector. Ms. Roberts is a member of the Federal Reserve Bank of New York’s Economic Advisory Panel. She also serves on the board of the American Friends of Jamaica and is a Lincoln Center Leadership Fellow.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230322005102/en/

Media:
Julia Kosygina
212-750-8300
media@kkr.com

Source: KKR