– GUERNSEY, St. Peter Port – Princess Private Equity Holding Limited (LON: PEY), today announced the appointment of Axel Holtrup to its Board as a Non-Executive Director effective immediately.
“I am delighted to welcome Axel Holtrup to the Princess Board as our newest Non-Executive Director. His experience of the listed private equity and European direct private equity landscape will be of immense value. We believe that Axel’s skill set, deep industry knowledge, and perspectives will benefit materially our Board and the Company. ” said Board chair, Peter McKellar.
About Axel Holtrup
Axel Holtrup serves as a member of the Supervisory Board of Deutsche Beteiligungs AG, a publicly listed private equity firm focused on mid-market buyouts in Germany. His professional experience includes serving as a Director at Silver Lake Partners for five years before joining AEA Investors in 2011 as a Partner and Member of the Global Management Committee. During his time at Silver Lake Partners, he played a central role in establishing the European office and was involved in several significant buy-out transactions, as well as a range of LBO debt investments.
Axel Holtrup began his private equity career with Investcorp in London, where he spent over eight years leading European buy-outs. Throughout his career, he has served on various portfolio company supervisory boards. Before entering the private equity industry, he worked as a financial analyst in the M&A department of Morgan Stanley in London and Frankfurt.
Axel Holtrup said: “I am honoured to join the Board of Princess, and I am excited about the opportunity at an important time for the Company to contribute my expertise and experience towards its growth and success. I look forward to working closely with the Board and the Investment Manager to support the strategic vision and investment strategy, and to maximise shareholder value.”
About Princess
Princess is an investment holding company founded in 1999 and domiciled in Guernsey. It invests in private equity direct investments. Princess is managed in its investment activities by Partners Group, a global private markets investment management firm with USD 147 billion in investment programs under management in private markets, of which USD 76 billion is in private equity. Princess aims to give shareholders long-term capital growth and an attractive dividend yield. Princess is traded on the Main Market of the London Stock Exchange (ticker: PEY for the Euro Quote; PEYS for the Sterling Quote).
SOURCE: https://www.princess-privateequity.net/en/
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