Board appointments from AP2, Cerberus Capital Management, Cinven & Newion Partners.
Brussels, Belgium, 12 June 2024 - Invest Europe, the association representing Europe’s private equity, venture capital and infrastructure sectors, as well as their investors, announced that Johannes Huth, Partner and Chairman of EMEA, KKR, has assumed the role of Chair for 2024-2025, succeeding Frans Tieleman, Advisor, Eurazeo, and Partner of Leto Partners. Johannes will also serve as Vice-chair for the association’s Global Private Equity Platform Council until June 2025. In addition, Elias Korosis, Global Investment Partner, Federated Hermes Private Equity, and Vice-chair of the LP Platform Council was named Chair-elect.
Invest Europe took the opportunity to offer its thanks and appreciation to Frans - on behalf of its members and broader network - for his work to promote the industry’s involvement in combating climate change and in supporting Europe’s strategic, technological and industrial sovereignty, while defending the values of diversity and inclusion.
Johannes is a Partner of KKR, an investment firm with $578 billion in assets under management, and Chairman of KKR's operations in EMEA. He joined KKR in May 1999 and is also a member of KKR's Management Committee and several of its Investment Committees. Prior to joining KKR, Johannes was a member of the Management Committee of Investcorp and jointly responsible for Investcorp's operations in Europe. From 1986 to 1991, he worked at Salomon Brothers, where he was a Vice President in the Mergers and Acquisitions departments in London and New York.
As Invest Europe Chair, Johannes will be supported by directors drawn from the association’s broad membership representing venture capital, mid-market and global private equity firms as well as limited partners. Confirmed for a three-year term until June 2027 are Anders Strömblad (AP2), Catherine Brossard (Cerberus Capital Management), Matthew Jenkins (Cinven) and Patrick Polack (Newion Partners).
Johannes will also work closely with CEO Eric de Montgolfier and the association’s team to promote and increase understanding about private equity, venture capital and infrastructure fund managers’ ever-growing contribution to Europe’s economy, society and value creation. His key priorities for the year are the continued policy and regulatory work to ensure further, faster private capital investment to drive innovation, tackle climate change, and strengthen European infrastructure as well as employee ownership.
Invest Europe recently published ‘Forward’, the association’s policy agenda, ahead of the 2024-29 EU political mandate. Invest Europe’s ‘Forward’ sets out the case for long-term private capital investment and highlights 12 priorities to help the EU accelerate progress towards its ambitious goals. These are divided into four themes - from action on innovation and climate change to infrastructure investment and European sovereignty - and will be presented to EU civil servants, policymakers and regulators ahead of, and during, the new European Commission and European Parliament mandates.
The policy agenda leverages, to the benefit of the European economy and society, the significant growth of the European private capital industry over the last five years, now accounting for €1 trillion of capital under management, including €348 billion of dry powder available for investment at the end of 2022.
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NOTES TO EDITORS
About Invest Europe
Invest Europe is the association representing Europe’s private equity, venture capital and infrastructure sectors, as well as their investors. We have over 650 members, split roughly equally between private equity, venture capital and limited partners – with some 110 associate members representing advisers to our ecosystem. Those members are based in 57 countries, including 42 in Europe, and manage 60% of the European private equity and venture capital industry’s €1 trillion of assets under management. Businesses with private capital investment employ 10.9 million people across Europe, 5% of the region’s workforce.