QAD Appoints Sanjay Brahmawar as New CEO

Thomabravo

SANTA BARBARA, CA—QAD, a leading provider of cloud-based solutions for manufacturers and supply chains, today announced the appointment of Sanjay Brahmawar, formerly CEO of Software AG, as its new Chief Executive Officer. Sanjay begins in his new role on March 17, succeeding Anton Chilton, who is stepping back from his role after more than 20 years of service.

During his time at Software AG, Sanjay drove a transformation program that saw the business evolve into a modern growth company. His focus on clarity of vision and high-quality execution saw the Company enhance its reputation for product leadership, build a leading customer-centric go-to-market organization, and sharpen its offering through high-quality M&A.

Prior to Software AG, Sanjay held several senior positions at IBM, including managing global revenue for Watson IoT. His strong track record of relevant experience also includes roles at PwC, FedEx, DSM and Honda.

He begins his time at QAD with a clear mission to drive growth through product innovation and customer success.

Charles Goodman, Chairman of the QAD Board of Directors and Thoma Bravo Operating Partner, expressed strong support for the new leadership: “Sanjay joins QAD at a pivotal time in its journey. His expertise in innovation and his strong sense of customer needs make him the perfect choice to lead us forward.”

Sanjay Brahmawar, incoming CEO of QAD, added: “I’m incredibly excited to lead QAD into this next phase of growth and success. I want our customers to know I value their trust and am 100% committed to their success. And I want our people to know that we’re going to work hard together to build a QAD that plays to win.”

Anton Chilton will be available through May 2025 to ensure a seamless transition. Under his leadership, QAD enhanced its core capabilities through strategic acquisitions, including Redzone Connected Workforce and LiveJourney Process Intelligence. These additions have bolstered the optimization of People, Process, and Systems, empowering frontline workers with real-time collaboration tools and providing advanced process mining to streamline operations.

About QAD
QAD Inc. is a leading provider of next-generation manufacturing and supply chain solutions in the cloud. A Thoma Bravo portfolio company since its acquisition in 2021, QAD empowers global manufacturers and supply chains facing ever-increasing disruption. QAD solutions help customers rapidly adapt to change and innovate for competitive advantage. For more information, visit www.qad.com.

Read the release on Business Wire here.

Categories: People

Private Equity Internship at Accent Equity

Accent Equity

We are seeking an Investment Intern for the autumn of 2025

Are You Ready to Make an Impact?
Are you a highly motivated and talented individual with a passion for supporting companies in achieving their full potential? We are currently seeking a full-time Investment Intern to join us for the autumn of 2025. This position offers a unique opportunity to gain valuable experience in the field of investment and become an integral member of our team.

What You’ll Do
As an Investment Intern, you will:

  • Analyse potential platform investments
  • Prepare financial models and valuation materials
  • Evaluate add-on opportunities
  • Support the implementation of strategic initiatives within our portfolio companies

What We’re Looking For
We value collaborative team players who can work effectively within a group. However, you will also be entrusted with substantial responsibility, making attention to detail and a proactive approach essential. In addition, the ideal candidate should demonstrate and fulfill the following qualities and criteria:

  • Prior work experience in investment banking, management consulting, or within another investment firm is preferred
  • High proficiency in Microsoft Office, particularly Excel
  • Fluency in both Swedish and English
  • Currently in their third, fourth, or fifth year of studies, or a recent graduate

How to apply
If you are interested in the position, kindly submit your CV, cover letter and academic transcript to recruitment@accentequity.se no later than 4th of April. We recruit on a rolling basis, so early submissions are encouraged.

For any inquiries, please reach out to Jesper Björkman at jesper.bjorkman@accentequity.se.

About Accent Equity
Accent Equity has since 1994 invested in private Nordic companies where a new partner or owner can serve as a catalyst. Our ambition is to invest in and develop the companies to be Nordic, European or Global leaders through a professional, hands-on and long-term oriented approach that results in superior and sustainable returns.

Categories: People

KKR Appoints Timothy R. Barakett to Board

KKR

NEW YORK–(BUSINESS WIRE)– KKR & Co. Inc. (NYSE: KKR) today announced that Timothy R. Barakett has been appointed to the Board of Directors effective March 13, 2025. His appointment will bring the number of independent directors to ten out of a total of fourteen Board seats.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250313966947/en/

Timothy R. Barakett (Photo: Business Wire)Timothy R. Barakett (Photo: Business Wire)

Mr. Barakett is the Founder and Chief Executive Officer of TRB Advisors, a private investment firm and family office. Prior to founding TRB Advisors in 2010, Mr. Barakett was the Founder and Chief Executive Officer of Atticus Capital, a global investment management firm. Mr. Barakett is the Treasurer of Harvard University, a Fellow of the Harvard Corporation, and the Chair of the Board of the Harvard Management Company. He also serves on the Boards of Directors of Athletic Brewing Company and Rethink Food NYC and the Advisory Boards of Commodore Capital, Forward Consumer Partners, and Charter Oak Advisors.

In addition to Mr. Barakett, KKR’s current Board members are: Henry Kravis (Co-Founder and Co-Executive Chairman of KKR), George Roberts (Co-Founder and Co-Executive Chairman of KKR), Joseph Bae (Co-Executive Officer of KKR), Scott Nuttall (Co-Chief Executive Officer of KKR), Adriane Brown (Managing Partner of Flying Fish Partners), Matthew Cohler (former General Partner of Benchmark), Mary Dillon (President and Chief Executive Officer of Foot Locker), Arturo Gutiérrez Hernández (Chief Executive Officer of Arca Continental), Xavier Niel (Founder and Chairman of the Board of Iliad), Patricia Russo (former Chief Executive Officer of Alcatel-Lucent), Kimberly Ross (former Chief Financial Officer of WeWork and Baker Hughes), Robert Scully (former member of the Office of the Chairman of Morgan Stanley), and Evan Spiegel (Co-Founder and Chief Executive Officer of Snap).

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.

Investor Relations:
Craig Larson
+1 (877) 610-4910 (U.S.) / +1 (212) 230-9410
investor-relations@kkr.com

Media:
Kristi Huller or Julia Kosygina
+1 (212) 750-8300
media@kkr.com

Source: KKR & Co. Inc.

 

Categories: People

Jacob Wallenberg Jr proposed as new Board member of EQT AB

eqt

DSC00082

EQT AB (“EQT” or the “Company”) today announces that the Company’s Nomination Committee has proposed Jacob Wallenberg Jr as a new Board member of EQT. The proposal is subject to approval at EQT’s Annual Shareholders’ Meeting on 27 May 2025.

Jacob Wallenberg Jr is currently Vice President of People & Talent at New York-based Ramp, leading the People function for the fintech unicorn, which employs over 1000 people globally. Jacob studied Economics at the Wharton School of the University of Pennsylvania, before beginning his career at McKinsey & Company and going on to work at a number of technology firms in the US.

Conni Jonsson, Chairperson of the EQT Board and member of the Nomination Committee, comments: “Jacob brings fresh perspectives to the Board – he comes from a younger, more technologically progressive generation and has direct experience from scaling fast-growth technology companies internationally. This diversity ensures that we have a range of complementary viewpoints at the table, which enables the Board to have a better understanding of the world in which we operate and therefore make better decisions. I’m also pleased that the appointment extends the relationship between EQT and the next generation of the Wallenberg family.”

Jacob Wallenberg Jr adds: “I’m very excited to have the opportunity to join the EQT Board. I’ve followed EQT and its impressive growth for a long time, and I hope to be able to contribute directly to its future success, working closely with the Board.”

The Nomination Committee’s complete proposals for EQT’s 2025 Annual Shareholders’ Meeting will be included in the meeting notice and detailed in the Nomination Committee’s Motivated Opinion. Both documents will be published on EQT’s website in advance of the Annual Shareholders’ Meeting. The proposal of Jacob Wallenberg Jr’s is subject to approval at EQT’s Annual Shareholders’ Meeting on 27 May 2025 and regulatory approvals.

Contact
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 33

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 developing companies across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business’ development, from start-up to maturity. EQT has EUR ‌​​269 billion in total assets under management (EUR ‌​​‌136 billion in fee-generating 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 more than 25 countries across Europe, Asia and the Americas and has more than 1,900 employees.

More info: www.eqtgroup.com
Follow EQT on LinkedInXYouTube and Instagra

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Categories: People

Forbion Expands US Presence with the Appointment of Regina Salvat, PhD, as Principal in the Boston Office

Forbion

Naarden, The Netherlands – 03 March 2025 – Forbion is pleased to announce the appointment of Regina Salvat, PhD, as Principal in our Boston office. This strategic hire underscores our commitment to strengthening our presence in the United States and enhancing our investment capabilities in the biotech sector.

Regina joins Forbion from Sofinnova Investments, where she was instrumental in driving multiple successful private investments across the biotechnology landscape. She holds a PhD in Protein Engineering from Dartmouth College and a Bachelor’s degree in Biomedical Engineering from Cornell University. Her extensive experience and robust network will be invaluable assets as she collaborates with the Forbion Growth team, focusing on private and crossover investment opportunities.

Regina is no stranger to Forbion, having previously collaborated on successful investments in companies such as Capstan Therapeutics, Aiolos Bio, and Gyroscope Therapeutics. Her proven track record in identifying and nurturing high-impact biotech ventures aligns seamlessly with Forbion’s mission to support innovative companies that transform patient care.

Managing Partner Martien van Osch, co-founder of Forbion, emphasizes the significance of these developments, “The expansion into Boston and the addition of seasoned professionals like Regina reflect Forbion’s dedication to fostering innovation and supporting groundbreaking biotech companies. Our presence in this dynamic biotech hub enables us to better serve our portfolio and identify new investment opportunities that align with our mission to bring transformative therapies to patients.”

The establishment of our Boston office in June 2024 marked a significant milestone in Forbion’s expansion strategy. Located on Clarendon Street, this office serves as a hub for Forbion’s U.S. operations, enabling closer collaboration with portfolio companies and access to a vibrant biotech ecosystem. The Boston team to date includes Managing Partner Martien van Osch, General Partner Josh Brumm and Partner Jonathan McNeill, MD.

Forbion remains committed to building a talented team to drive our mission forward. We are confident that the expertise and leadership of our Boston team will significantly contribute to the growth and success of our portfolio companies and the broader biotech community.

For more information, please contact:

Forbion Communications
Email: laura.asbjornsen@forbion.com
Head of Communications

About Forbion
Forbion is a leading global venture capital firm with deep expertise in Europe and offices in Naarden, The Netherlands, Munich, Germany and Boston, USA. Forbion invests in innovative biotech companies, managing approximately €5 billion across multiple fund strategies that cover all stages of (bio-) pharmaceutical drug development. In addition, Forbion leverages its biotech expertise beyond human health to address ‘planetary health’ challenges through its BioEconomy fund strategy, which invests in companies developing sustainable solutions in food, agriculture, materials, and environmental technologies. Forbion’s team consists of over 30 investment professionals that have built an impressive performance track record since the late nineties with 128 investments across 11 funds. Forbion’s record of sourcing, building and guiding life sciences companies has resulted in many approved breakthrough therapies and valuable exits. Forbion typically selects impactful investments that will positively affect the health and well-being of people and the planet, as well as meet its financial return objectives. The firm is a signatory to the United Nations Principles for Responsible Investment. Forbion operates a joint venture with BGV, the manager of seed and early-stage funds, especially focused on Benelux and Germany.

Categories: People

Alastair Gemmill becomes Portfolio Director at Aliter

Aliter Capital

Alastair Gemmill has been promoted to Portfolio Director at Aliter, stepping up from his current role as Investment Manager.

 

Greig Brown, a founding partner at Aliter said, “Alastair’s contribution to Aliter’s success over the past four years has epitomised the high level of support we always strive to offer our portfolio companies. This thoroughly deserved promotion underlines our commitment to remain totally focused on this area of our business.”

 

Alastair Gemmill said, “I’m delighted to step into the role of Portfolio Director.  I’d like to thank all my colleagues for their support and guidance.  I look forward to continuing to support our talented management teams and their portfolio companies in achieving their full potential.”

 

In his role as Portfolio Director, Gemmill will be responsible for working closely with Aliter’s current portfolio businesses, delivering high level support in a range of areas, including business and strategic development, organic growth initiatives and M&A activities.

 

Prior to joining Aliter’s investment team in 2021, Gemmill worked at BDO, including spells in   Transaction Services in London and Corporate Finance in Sydney, as well as a secondment with Silverfleet Capital.

Categories: People

Henrik Müller-Hansen joins the Patricia Industries Board

Investor

Henrik Müller-Hansen, CEO and founder of the Norwegian company Gelato has been appointed to the Board of Directors of Patricia Industries.

“I am grateful that Henrik Müller-Hansen has accepted to join the Patricia Industries Board. We look forward to working with Henrik and benefiting from his strategic capabilities, his industrial experience within telecom and his learnings from successfully building up an enterprise that today has employees from over 50 countries and offices around the world”, says Marcus Wallenberg, Chair of Patricia Industries.

Prior to funding Gelato, Henrik Müller-Hansen spent several years at Tele2, including as CEO for their Norwegian entity 2003-2006.

As of March 10, 2025, the Patricia Board consists of: Gunnar Brock, Christian Cederholm, Henrik Müller-Hansen, Denise Persson, Åsa Riisberg, Inge Thulin, Jacob Wallenberg and Marcus Wallenberg.

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

Apollo Names Shimpei Kanzaki as Japan Global Wealth Head

Apollo logo

TOKYO, March 02, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced it has hired Shimpei Kanzaki as a Managing Director and Head of Japan Global Wealth. Kanzaki brings more than 20 years’ experience in alternative investments, private markets and the wealth management industry, and will report to Edward Moon, Partner and Head of Asia Pacific Global Wealth for Apollo.

Moon said, “We are pleased to welcome Shimpei, who brings to Apollo significant industry experience and a proven track record of business building in the Japan wealth market. Following our successful expansion in Hong Kong and Singapore, we look forward to growing in Japan, expanding our product suite and partnering with Japanese distributors across wealth channels.”

Apollo Partner and Chief Client and Product Development Officer Stephanie Drescher added, “Japan is a key growth market for Apollo, where we see our disciplined investment philosophy and strong focus on investor alignment resonate with clients. With Shimpei’s appointment, we are thrilled to grow our Wealth presence in Japan to help more clients access private market strategies and the potential excess return and diversification benefits we seek to provide.”

Shimpei Kanzaki, Managing Director and Head of Japan Global Wealth at Apollo, said: “Apollo has a strong reputation as a leading alternative asset manager with an established track record originating investment-grade, yield-oriented assets. I am excited to join the firm to introduce our tailored solutions to Japanese investors by building strong partnerships with the leading distributors in Japan.”

Prior to joining Apollo, Kanzaki was a Director at KKR and head of its wealth solutions business in Japan, after joining in 2022. Previously, he led the hedge funds product specialist team at UBS and held senior roles at Credit Suisse, Mirabaud, and Man Group, specializing in hedge fund strategies, portfolio management, and business development.

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2024, Apollo had approximately $751 billion of assets under management. To learn more, please visit www.apollo.com.

Investor and Media Relations Contacts

For investors please contact:
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
212-822-0540
IR@apollo.com.

For media inquiries please contact:
Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
212-822-0491
Communications@apollo.com.

Categories: People

Apollo Names Shimpei Kanzaki as Japan Global Wealth Head

Apollo logo

TOKYO, March 02, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced it has hired Shimpei Kanzaki as a Managing Director and Head of Japan Global Wealth. Kanzaki brings more than 20 years’ experience in alternative investments, private markets and the wealth management industry, and will report to Edward Moon, Partner and Head of Asia Pacific Global Wealth for Apollo.

Moon said, “We are pleased to welcome Shimpei, who brings to Apollo significant industry experience and a proven track record of business building in the Japan wealth market. Following our successful expansion in Hong Kong and Singapore, we look forward to growing in Japan, expanding our product suite and partnering with Japanese distributors across wealth channels.”

Apollo Partner and Chief Client and Product Development Officer Stephanie Drescher added, “Japan is a key growth market for Apollo, where we see our disciplined investment philosophy and strong focus on investor alignment resonate with clients. With Shimpei’s appointment, we are thrilled to grow our Wealth presence in Japan to help more clients access private market strategies and the potential excess return and diversification benefits we seek to provide.”

Shimpei Kanzaki, Managing Director and Head of Japan Global Wealth at Apollo, said: “Apollo has a strong reputation as a leading alternative asset manager with an established track record originating investment-grade, yield-oriented assets. I am excited to join the firm to introduce our tailored solutions to Japanese investors by building strong partnerships with the leading distributors in Japan.”

Prior to joining Apollo, Kanzaki was a Director at KKR and head of its wealth solutions business in Japan, after joining in 2022. Previously, he led the hedge funds product specialist team at UBS and held senior roles at Credit Suisse, Mirabaud, and Man Group, specializing in hedge fund strategies, portfolio management, and business development.

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2024, Apollo had approximately $751 billion of assets under management. To learn more, please visit www.apollo.com.

Investor and Media Relations Contacts

For investors please contact:
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
212-822-0540
IR@apollo.com.

For media inquiries please contact:
Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
212-822-0491
Communications@apollo.com.

Categories: People

Update advisory board Industry Fund

Anders Invest

Anders Invest Industrie Fonds announces several changes in the composition of the Advisory Board and fund management. After eight years of involvement, Frederik van Beuningen is stepping down as chairman of the Advisory Board due to age. He will be succeeded by current board member Herman Spliethoff. We are very pleased that current member Henk Willem van Dorp wants to complete his third term. In addition, Jan de Wilde will be added as a new member of the Advisory Board. In fund management, Rutger de Vos is transferring his tasks to Gerald van Kooten, so that Rutger can focus more on the portfolio companies.

Advisory Board

Frederik van Beuningen has played an important role in the growth and professionalization of Anders Invest Industriefonds. As co-founder of Teslin and with broad experience in long-term investments and entrepreneurship, he has used his expertise and network to take the fund to a higher level and to represent the interests of investors in fund management. We thank him for his leadership, dedication and commitment in recent years.

Herman Spliethoff will take over the chairmanship. He has extensive experience as an investor, management consultant, entrepreneur and supervisor. He has been co-owner of the Amsterdam shipping company Spliethoff for decades. He gained extensive experience at private equity firms through a management role at QAT Investments and a supervisory role at TBL Mirror Fund. Herman has been involved in the Advisory Board since the establishment of the Industriefonds and thus plays a role in the course and development of the fund. The fund management has always appreciated his level of preparation and substantive input and is pleased that he will take on the role of chairman.

Jan de Wilde (1977) will join the Advisory Board as a new member. Jan was a partner at Nielen Schuman for 20 years, almost from the start of this renowned consultancy firm. In this leading role, he developed into a specialist in M&A transactions for family and founder companies and private equity funds based in the Benelux. He is now an enterprising private investor (also with Anders Invest for several years) and advisor with expertise in mergers and acquisitions and capital structures. With his experience, he will advise the fund management on the further professionalization of investment processes.

Fund management

Rutger de Vos, one of the founding partners of Anders Invest, has worked as a fund manager of the Industrial Fund in addition to his role as investment manager in recent years. His affinity lies mainly with the portfolio companies with the strategic and operational challenges that the manufacturing industry faces. He has therefore decided to focus exclusively on actively supporting the portfolio companies in their growth and strategy from now on. Anders Invest is particularly grateful to him for the commitment and dedication with which he has shaped the team and the fund.

Gerald van Kooten will take over the role of fund manager. Like Rutger, Gerald has been involved with Anders Invest since the start and focuses mainly on acquisitions. This remains his main activity. In close cooperation with the other fund partners, he also takes responsibility for the fund management. Gerald will provide information to industrial fund investors, together with Gert-Jan Huisman, who is responsible for investor relations as managing partner and also supports two large industrial companies. Both will play an active role at the members’ meetings.

With these changes, the Anders Invest Industrie Fonds will continue to support and grow industrial companies in the Netherlands and abroad. We thank all those involved for their efforts and look forward to a successful continuation of our activities under the new composition of the team.

Categories: People