Category Archives: People

IK kicks off New Year with Partner promotions

IK Partners

IK Partners (“IK” or “the Firm”) is pleased to announce the promotion of Carl Jakobsson and Frederik Jacobs to Partner in the Mid Cap Investment teams in the Nordics and the Benelux respectively.

Carl joined the Stockholm office in 2013 and specialises in the Business Services sector. He has served on the Boards of numerous portfolio companies, including Aspia, Netel, Evac and Ramudden, since joining. Prior to IK, Carl worked within the Investment Banking department of SEB Enskilda. He holds an MSc and BSc in Finance from the Stockholm School of Economics.

Based in Amsterdam, Frederik joined IK in 2014. He has been involved in several notable transactions across the Benelux region and possesses specialist expertise in the Healthcare sector. Prior to joining IK, Frederik worked in Deutsche Bank’s Investment Banking Division focused on the Benelux region. He holds an MSc and BSc in Business Engineering from the University of Leuven.

Christopher Masek, CEO at IK, commented: “2023 was an exceptionally busy year for IK and we are incredibly proud of the contribution of our outstanding colleagues, especially Carl and Frederik whose hard work has been recognised with their promotions to the Partner Group. Both individuals have shown their ability to deliver results for investors and drive value creation across the portfolio, possessing the drive and level-headedness required in the current market.”

Carl Jakobsson, Partner at IK, added: “I feel privileged to have been given continuous opportunity to gain a wealth of experience over the past 11 years at IK. Since joining, I’ve worked locally in Sweden and across Europe with colleagues and portfolio companies to create growth opportunities.”

Frederik Jacobs, Partner at IK, commented: “I’m grateful to my colleagues for the support I’ve received over the past decade. This has enabled me to make significant progress within the Firm and I’ve had the good fortune of being involved in many interesting projects. I’ve worked alongside brilliant management teams to create excellent outcomes and value for all and I look forward to seeing what the future brings.”

For further questions, please contact:

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

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 180 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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Categories: People

Cinven announces Partner promotions

Cinven

International private equity firm Cinven announces the promotion of two individuals to Partner with effect from 1 January 2024.

Miguel Segura, Partner

Miguel joined Cinven in 2012 and is a member of the Business Services team and the Iberia regional team. He has been involved in a number of transactions, including Amara NZero, HBX Group (previously Hotelbeds), MasMovil, Planasa, Spire, Tinsa, Ufinet and Ufinet International.

Tarek Bayazid, Partner

Tarek joined Cinven in 2014 and is a member of the Investor Relations and Fundraising team. Since joining Cinven, he has contributed to the successful fundraisings of the Sixth, Seventh and Eighth Cinven Funds, the Strategic Financials Fund and capital raising for numerous co-investments.  He is the principal point of contact for Cinven’s investors in the Middle East, Asia and Australia.

Commenting on these promotions, Stuart McAlpine, Managing Partner of Cinven, said:

“Congratulations to Miguel and Tarek on their well-deserved achievement. Both have made a significant contribution to Cinven’s success over the years and their promotions reflect our commitment to the development of talent within the firm.” 

“Having just achieved the hard cap for our latest fund, the Eighth Cinven Fund, raising $14.5 billion, Cinven is well positioned to take advantage of the opportunities 2024 brings and we look forward to the year ahead.” 

Categories: People

Larry Contrella and Mac Williams named to GrowthCap’s 2023 Top 40 Under 40 Growth Investors

JMI Equity

JMI Equity, a growth equity firm focused on investing in leading software companies, is pleased to announce two JMI investment professionals have been recognized by GrowthCap among the Top 40 Under 40 Growth Investors of 2023. General Partner Larry Contrella and Principal Mac Williams are included amongst the impressive list of awardees.

The exceptional individuals being recognized this year have been at the forefront for years, playing lead roles in developing the world of growth equity and growth buyouts into what it has become today. Many of this year’s candidates received a remarkable number of substantive nominations from CEOs and other colleagues who had worked extensively with the candidate. The most highly endorsed were then selected for final rounds where they were further evaluated on the depth of their deal experience, ability to help the companies they invest in, collaborative work style, and progression towards firm and industry leadership roles, among other attributes.

Larry Contrella, a General Partner in the Baltimore office, joined JMI in 2010. He is responsible for sourcing and evaluating investment opportunities as well as providing strategic and operational support to portfolio companies. Larry is currently a director of Apptegy, Bloomerang, ChurnZero, Incident IQ, RainFocus, and Raptor Technologies.

Mac Williams, a Principal in the Baltimore office, joined JMI in 2016. He is responsible for sourcing and evaluating investment opportunities as well as providing strategic and operational support to portfolio companies. Mac is a director at OnBoard and Raptor Technologies and a board observer at Apptegy, Higher Logic, Ontic, and UKG.

Disclaimer: GrowthCap is a leading growth capital research and advisory firm. The criteria considered for this award is determined by GrowthCap and may include quality of the feedback they received from firm colleagues, portfolio company CEOs, and/or peers in the industry, breadth of deal experience, recent investments and exits, demonstrated leadership, and uniqueness of capabilities, among other attributes. The award is the subjective determination of the party conferring the award and not of JMI Equity. JMI Equity submitted nominations for the investment professionals to be considered for and, once selected, paid to be included on, and to promote inclusion on, this list. The investment professionals received this award in 2024 and Larry Contrella has also received this award in 2019-2022. For more information about GrowthCap, please see their website at growthcapadvisory.com.  JMI is not responsible for the contents of any third-party website and has not confirmed the accuracy of any information provided therein.

Categories: People

Reetta Laaksonen, Iina Mäkelä, Calvin Nsombo and Lassi Palviainen, Tesi’s new trainees

Tesi

Four new trainees began their traineeships at Tesi on January 8, 2024.

Reetta Laaksonen, who started as a trainee in the Fund Investments team, studies Economics at Aalto University. Previously, Reetta has worked in consulting.

Iina Mäkelä and Calvin Nsombo started as trainees in the Direct Investment teams. Iina studies Finance at Aalto University and has previously worked at Nordea and Volvo Finland Ab. Calvin studies Strategy at Aalto University. He has previous work experience from Mandatum Asset Management and Nordea.

Lassi Palviainen, who started as a Legal Trainee, studies Law at the University of Lapland. He has previous work experience from a law firm.

We warmly welcome Reetta, Iina, Calvin and Lassi and wish them rewarding experiences!

Tesi (officially Finnish Industry Investment Ltd) is a state-owned, market-driven investment company that invests in venture capital and private equity funds and directly in Finnish startups and growth companies.
tesi.fi | X (Twitter) | LinkedIn | Instagram | Newsletter

Categories: People

Thomas Kidane and Yuriy Prilutskiy appointed co-heads of Patricia Industries

Investor

Patricia Industries’ Board of Directors has appointed Thomas Kidane and Yuriy Prilutskiy as new co-heads. This follows our previous communication on Christian Cederholm becoming Investor’s next President and CEO and the appointments will be made effective when he transitions to the new role.

Thomas Kidane is currently Head of Patricia Industries Nordics and Yuriy Prilutskiy Head of Patricia Industries North America. They have both been at Patricia Industries since its inception in 2015. In their new roles they will be reporting directly to the Board of Patricia Industries.

“Thomas and Yuriy have a proven track-record of developing businesses and teams and they both live our values in a way that inspires others. We believe the co-head model is the right model going forward for Patricia Industries, as it allows for a strong local presence in both of our key geographies, while also creating resilience”, says Marcus Wallenberg, Chair of the Board at Patricia Industries and Vice-Chair of Investor AB.

Thomas Kidane joined Investor in 2008. He has been responsible for the investments in several listed and privately held portfolio companies and has led multiple add-on acquisitions. Thomas currently serves as a board member of Permobil and Piab. He has worked as Head of Corporate Development and M&A at Permobil and holds an M.Sc. in Accounting and Financial Management from the Stockholm School of Economics.

Yuriy Prilutskiy joined Investor in 2010. He has led and been responsible for multiple portfolio company investments and add-on acquisitions, and currently serves as a board member of Advanced Instruments, Laborie and Sarnova. Prior to joining Investor, Yuriy worked at JP Morgan and Bank of America where he focused on the biopharmaceutical industry. He holds a B.Sc., cum laude, in Finance and Economics with a minor concentration in Mathematics from the New York University Stern School of Business.

“I am delighted about the promotions of Thomas and Yuriy. They are both extremely talented and gifted business leaders and instrumental in shaping the culture at Patricia Industries and Investor. I am looking forward to welcoming them both to Investor’s Executive leadership Team when I assume the role as CEO”, says Christian Cederholm, Head of Patricia Industries.

“I truly appreciate the confidence from the Board and really look forward to continuing to develop our strong companies in the Nordics into the future together with our excellent team”, says Thomas Kidane.

“I am grateful for the trust of the Board and excited to continue developing our passionate team, great companies and dedicated presence in North America in the years to come”, says Yuriy Prilutskiy.

Downloads

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

Investor AB, founded by the Wallenberg family in 1916, creates value for people and society by building strong and sustainable companies. Through substantial ownership and board participation, we drive initiatives that we believe create value and support our companies to remain or become best-in-class. Our portfolio is organized in three business areas: Listed Companies, Patricia Industries and Investments in EQT.

For further information:

Jacob Lund, Chief Communications & Sustainability Officer,
Phone +46 725 60 21 57
jacob.lund@investorab.com

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

Categories: People

Congratulations to our 44 employees that have been promoted this year!

DIF

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

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

Congratulations to all of you!

Promotions to Managing Director
Jesse van Schouwenburg
Helen Murphy
Kees de Ru
Marlous van Wouwe
Pierre Boschin
Julien Millet

Dan Fetter has been appointed as Deputy Head Value Creation

Promotions to Senior Director
Twan van Vlerken
Philipp Lauch
Carmen Martín
Tristan Taylor
Angelo Lacroix

Promotion to Director 
Alessandro Pinelli
Steven Cross
Thibault Barrallon
Matt Harding
Jason Loo
Carmen Gonzalez
Heloise Gouget
Jovi Li
Rebecca Mulder
Raymon Ruijter
Victoria Stradnic
Mark Vuurberg
Melissa Chan

Promotion to Associate Director
Sascha Rütz
Bryce Freeburn
Somar Alhajali
Charlotte Wijlhuizen
Kirsten Lagerweij
Wybren Brouwer
Maxime Reinke
Michael Wong
Sarah Travis
Hamza Chaudhry
Olivier Laflamme
Miguel Sanchez de las Matas
Shyam Rajani

Promotion to Associate 
Lauren Page
Katarzyna Fuglewicz
Katerina Novotna
Rico Glase
Michel Bartoschik
Johannes von Möllendorff

Promotion to Analyst
Jenny Chen

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Categories: People

Johan Ladenberg new CEO of Lundbergs Fastigheter. Louise Lindh is intended to become the new chairman of the board.

Lundbergs

Johan Ladenberg has been appointed as CEO of Lundbergs Fastigheter, effective February 15, 2024. Lundbergs Fastigheter is a wholly owned subsidiary of L E Lundbergföretagen AB. Johan Ladenberg succeeds Louise Lindh, who has been CEO since 2017.

Johan Ladenberg, age 57, has been vice president of Lundbergs Fastigheter since 2017 and has been employed and part of the management team since 2005. Johan has a law degree from Stockholm University.

Louise Lindh is intended to take over as the new chairman of the board of Lundbergs Fastigheter in connection with the CEO change and will then succeed Fredrik Lundberg, who will become a regular board member. Fredrik Lundberg continues as President and CEO of L E Lundbergföretagen AB.

“Johan and I have worked together since 2005. Johan is very well qualified to succeed me as CEO. I look forward to continued good cooperation and wish Johan the best of luck with his new challenges,” says Louise Lindh.

“It is an exciting challenge to lead Lundbergs Fastigheter. It is a very well maintained company with a strong organization and fine property portfolio that I am convinced will develop well in the future,” says Johan Ladenberg.

 

Stockholm, December 19, 2023

 

 

L E Lundbergföretagen AB
Any questions are answered by:
Fredrik Lundberg, L E Lundbergföretagen AB, +46 8 463 06 00
Louise Lindh, Lundbergs Fastigheter, +46 11 21 65 00

 

L E Lundbergföretagen AB
+46 8-463 06 00
information@lundbergs.se

 

Lundbergs is an investment company that manages and develops a number of companies based on long-term, active ownership. The portfolio of assets includes the wholly owned real estate company Lundbergs Fastigheter, the publicly traded subsidiaries Holmen and Hufvudstaden and the associated companies Husqvarna, Industrivärden and Indutrade. Lundbergs also has major shareholdings in Alleima, Handelsbanken, Sandvik and Skanska.

Categories: People

JMI Equity Promotes Chief Financial Officer Maggie Schmitt to Partner

JMI Equity

BALTIMORE & SAN DIEGO & WASHINGTON–(BUSINESS WIRE)–JMI Equity (“JMI”), a growth equity firm focused on investing in leading software companies, today announced that it has promoted Chief Financial Officer Maggie Schmitt to Partner. Schmitt, who is based in Baltimore, will continue to be CFO along with the new Partner designation.

“Maggie’s promotion to Partner is a reflection of the instrumental role she has played in our success over the past 14 years,” said Peter Arrowsmith, Managing General Partner at JMI. “She is a strategic thought partner on a variety of deal, fund, and firm-related initiatives. She leads a talented team of finance and accounting professionals, and my partners and I look forward to Maggie’s continued leadership and contributions.”

About Maggie Schmitt

Maggie Schmitt joined JMI in 2009 and, as the firm’s Chief Financial Officer since December 2020, oversees JMI’s accounting, finance, tax and treasury functions. Prior to joining JMI, Schmitt was an auditor in the audit and enterprise risk services practice at Deloitte & Touche. She received a B.S. in Accounting and Information Systems from the Pamplin College of Business at Virginia Tech. Schmitt is a certified public accountant and in each of the past two years has been recognized by GrowthCap as one of the Top Women Leaders in Growth Investing.

About JMI Equity

JMI Equity is a growth equity firm focused on investing in leading software companies. For over three decades, JMI has partnered with exceptional founders, entrepreneurs, and management teams at high-growth software companies to provide flexible capital, industry expertise, and operational support to build businesses of enduring value. To date, JMI has invested in over 180 software businesses in North America and Europe and completed over 115 exits. Today, the Firm’s portfolio of industry-leading cloud software companies represents $8 billion in combined revenue, $65 billion in aggregate enterprise value, and over 34,000 jobs. For more information, visit www.jmi.com.

Contacts

Abigail Ruck
H/Advisors Abernathy
abigail.ruck@h-advisors.global
212-371-5999

Categories: People

KKR Appoints Dane E. Holmes As Chief Administrative Officer

KKR

NEW YORK–(BUSINESS WIRE)– KKR today announced the appointment of Dane E. Holmes as Chief Administrative Officer (CAO), effective December 29, 2023. As CAO, he will join the firm’s leadership team and oversee and work with the existing leaders of a number of key functions, including KKR’s Human Capital, Communications, Marketing, Sustainability, and Citizenship teams.

Mr. Holmes assumes the CAO position after having been a member of KKR’s Board of Directors since March 2021. Concurrent with this appointment, Mr. Holmes is resigning from his Board position to transition into the new role.

“Having had the opportunity to work closely with Dane over the last two years, we have been continuously impressed by his ideas, business acumen and aptitude for building and leading high performing teams,” said KKR’s Co-Chief Executive Officers Joe Bae and Scott Nuttall. “We are thrilled to add him as a new member of our leadership team focused on the care and growth of our people, our organization, our brand and our impact on society.”

Mr. Holmes joins KKR from Eskalera Inc., an enterprise software company focused on employee engagement and productivity that he co-founded and has led as Chairman and CEO since 2020. Prior to Eskalera, he held several global roles at Goldman Sachs, including Global Head of Human Capital Management, Global Head of Pine Street, an in-house leadership development initiative, and Global Head of Investor Relations. He also served on numerous committees at the firm, including the Management, Partnership, Risk, Client and Business Standards, Finance, and Global Diversity committees. Mr. Holmes has served on the boards of several non-profit organizations and is the current Chairman of Storycorps and the former Chairman and current board member of The Ron Brown Scholar Program.

“Since joining KKR’s Board in 2021 and witnessing the firm’s work firsthand, I have developed a deep respect for KKR’s mission, culture, global team and differentiated business model,” Mr. Holmes said. “KKR’s growth trajectory over the last decade has been remarkable and I am honored to have even more of a front row seat on the exciting journey ahead.”

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. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Media
Kristi Huller or Julia Kosygina, 212-230-9722
media@kkr.com

Investors
Craig Larson, 212-230-9410
Craig.Larson@kkr.com

Source: KKR

 

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Categories: People

Ardian France evolves the composition of its Executive Board

Ardian

The Supervisory Board of Ardian France met on Monday 11 December, to deliberate on the evolution of the composition of the Ardian France Executive Board.

The Supervisory Board of Ardian France has adopted the following changes:
•    Mathias Burghardt, Managing Director of ARDIAN France since July 2018, has been appointed CEO of Ardian France;
•    Marion Calcine has been appointed member of the Board of Ardian France.

These evolutions are central to the strategy of Ardian France, the Ardian Group’s largest asset management company.

From 1st January, 2024, the date on which these appointments will be effective, the Ardian France Executive Board will be composed as follows:
•    Mathias BURGHARDT, CEO;
•    François JERPHAGNON, member of the Executive Board and Managing Director;
•    Mr Thibault BASQUIN, member of the Executive Board;
•    Ms Stéphanie BENSIMON, member of the Executive Board;
•    Ms Marion CALCINE, member of the Executive Board.

Philippe POLETTI, current CEO of Ardian France, will leave the Ardian Group end of December 2023.
Philippe POLETTI joined Ardian in 1999, where he has led numerous successful deals, including Spotless Group, Icare, Cornhill France, Outremer Telecom, Larivière, Laboratoires Anios and Siaci Saint Honoré. In charge of Ardian’s Buyout activity, he was a member of Ardian’s Executive Committee from 2014 to 2023.
He leaves to pursue personal projects.

BIOGRAPHIES

MATHIAS BURGHARDT
Mathias Burghardt is Executive Vice-President of Ardian Holding, CEO of Ardian France, Vice-Chairman of the Executive Committee and the Operations Committee and Head of Infrastructure. He also oversees NAV Financing, Brand & Communication, Funds Tax, IT, Purchasing and Facilities.

Mathias Burghardt joined Ardian in 2007. He started his career in 1989 with Crédit Lyonnais in Media Telecom before heading HSBC Advisory and Project Financing in France. He has developed extensive relationships with international infrastructure industrials and financial sponsors, public authorities and regulators. He is a graduate of ESCP Europe.

FRANÇOIS JERPHAGNON
François Jerphagnon is a member of Ardian’s Executive Committee, Managing Director of Ardian France and Head of Expansion.

Before joining Ardian in 2001, François Jerphagnon had been with Macif since 1996, where he progressively became Head of asset allocation and stock management. He began his career in 1994 at Caisse des Dépôts et Consignations. He is a graduate of Paris Dauphine University and ENSAE CESS in Finance, and holds a Master’s degree in Economics.

THIBAULT BASQUIN
Thibault Basquin is a member of Ardian’s Executive Committee, Executive Board member of Ardian US LLC, Executive Board member of Ardian France and Co-Head of Buyout.

He joined Ardian in 2001 and has notably developed significant expertise in the Food Value Chain and Healthcare. In 2018, he moved to New York to develop the Buyout activity. In 2010, he contributed strongly to the launch of the Ardian Foundation. He began his career in 2000 at Arthur Andersen as an auditor. He graduated from ESCP Europe in Paris with a master’s degree in Finance. He is based in New York since 2018.

STÉPHANIE BENSIMON
Stéphanie Bensimon is a member of Ardian’s Executive Committee, Executive Board member of Ardian France and Head of Real Estate.

Stéphanie Bensimon joined Ardian in 2016 with over 17 years’ experience, most recently at Invesco Real Estate, where spent five years and was Head of Transactions in France, Belgium and Southern Europe from 2011. Prior to that, she held roles at Carval Investors, part of the Cargill Group, and GE Real Estate Group in Paris. She is a graduate of Université Paris IX Dauphine.

MARION CALCINE
Marion Calcine is Chief Investment Officer for the Infrastructure team, Executive Board member of Ardian France and member of Ardian’s Operations Committee.

She joined Ardian in 2007 and as CIO, she oversees the Infrastructure team’s investment processes and the construction of portfolios managed by Ardian Infrastructure. She is a graduate of the Ecole Nationale de la Statistique et de l’Administration Economique with a master’s degree Mathematics and Statistics and qualified actuary.

ABOUT ARDIAN

Ardian is one of the world’s leading private equity firms, with $156 billion in assets under management or advisory for over 1,470 clients worldwide. With our Private Equity, Real Assets and Credit expertise, we offer our clients a wide choice of investment opportunities, and are able to respond to their needs with the agility that characterizes us. Ardian Customized Solutions builds bespoke investment portfolios, develops a specific investment strategy tailored to the client’s needs, and provides access to funds managed by leading partners. Private Wealth Solutions offers dedicated services and access solutions for private banks, wealth managers and institutional private investors worldwide. With Ardian’s employees representing a majority shareholding, Ardian attaches particular importance to the development of its talents and values a collaborative culture based on collective intelligence. Spread across 19 offices in Europe, the Americas, Asia and the Middle East, our 1,050 employees are fully committed to generating superior returns through responsible investment strategies and in compliance with the highest ethical and social responsibility standards. At Ardian, we are fully committed to building sustainable businesses.

ardian.com

PRESS CONTACT

ARDIAN

HEADLAND

ardian@headlandconsultancy.com 

Categories: People