23 Jun 2016
Gerry Murphy of Blackstone succeeds Max Römer of Quadriga Capital
Invest Europe is pleased to announce that Dr. Gerry Murphy, Senior Managing Director and Chairman of Blackstone Europe, has become Chair of the association. He succeeds Max Römer, Founding Partner of Quadriga Capital.
Murphy has been a senior figure in Blackstone’s team in London since joining the US alternative investments manager in 2008. His primary focus is on supporting the firm’s activities across Europe and Asia. He serves as a director of German clothing group Jack Wolfskin, Dutch administrative services firm Intertrust and British television and internet retailer Ideal Shopping Direct. He is also a non-executive director of British American Tobacco.
“I am thrilled to be taking over as Chair of Invest Europe and thank Max for his dedication and leadership over the last 12 months. During that time, Invest Europe has played a central role for our industry in shaping the Capital Markets Union package of financial reforms, including an important reconsideration by the European Commission of risk weightings for private capital investments. I look forward to making my contribution to Invest Europe’s great work promoting the industry and emphasising high standards of governance and transparency,” Murphy said.
During his term as Chair of Invest Europe, Murphy intends to promote the benefits of private capital investments to the recovering European economy, and ensure recognition for strong governance standards at investment companies. He will also highlight the importance of transparency in all dealings with companies and investors, building on Invest Europe’s industry-leading best practice guide set out in the new Professional Standards Handbook and Investor Reporting Guidelines.
“Invest Europe has achieved real influence in Europe thanks to its clear explanation of the benefits of private capital to companies and institutional investors. But we are mindful that the industry also faces ongoing challenges in Europe and internationally. We will work hard to ensure that firms with a focus on long term investment operate to the highest standards of governance and transparency, and that regulation does not unfairly penalise them or the millions of pensioners and savers who invest in them through pension schemes and insurance products,” Murphy added.
Murphy brings extensive experience from leadership roles in industry. Before joining Blackstone, he was CEO of Kingfisher plc, the owner of leading European DIY and home improvement retailers B&Q and Castorama. He also served as CEO of Carlton Communications, Exel plc and Greencore Group plc. Earlier in his career, he had senior operating and corporate positions with Grand Metropolitan plc (now Diageo plc) in Ireland, the UK and the USA. He holds a doctorate in food technology from University College Cork and a master’s in marketing from University College Dublin.
Dörte Höppner commented: “Gerry brings a wealth of experience in private equity and corporate management to Invest Europe. His skills and knowledge will be great assets when it comes to illustrating the transformative power of private capital investment on companies. We look forward to working with Gerry over the coming year and thank Max for his unwavering support.”
Invest Europe’s membership is divided across four Platforms – Venture Capital, Mid-market, Large Buy-out and Limited Partners (or investors). Each Platform is equally represented on Invest Europe’s Board of Directors, with a Chair selected from each Platform in strict rotation. Murphy represents the members in the Large Buy-out Platform and will act on behalf of all Invest Europe members.
Media enquiries For more information please contact
Elena Díaz Ureta
Communication Manager – Media & External Relations
Most PCs automatically accept them but you can change your browser settings to restrict, block or delete cookies if you want. Each browser is different, so check the 'Help' menu of your particular browser (or your mobile phone's handset manual) to learn how to change your cookie preferences. Many browsers have universal privacy settings for you to choose from.
Cookie settings in most versions of Internet Explorer can be found by clicking the tools option and then the privacy tab.
Cookie settings in Firefox are managed in the Options window's Privacy panel. See Options window - Privacy Panel for information on these settings.
Click on the spanner icon on the toolbar, select settings, click the under the bonnet tab, click on content settings in the privacy section.
You can manage cookies in Opera if you Click on settings, then Preferences, then Advanced and finally Cookies
Choose Safari, then preferences and then click security. You should then be able to specify if and when Safari should accept cookies.
To manage cookies on your mobile phone please consult your manual or handbook.
If you decline cookies, some aspects of Invest Europe site may not work on your computer or mobile phone and you may not be able to access areas you want on the website. For this reason we recommend that you accept cookies.
If you delete all your cookies you will have to update your preferences with us again and some aspects of our site may not work.
If you use a different device, computer profile or browser you will have to tell us your preferences again.
If you'd like to learn more about cookies in general and how to manage them, visit aboutcookies.org.
We can't be responsible for the content of external websites.Opt-out of cookies