– GUERNSEY, St. Peter Port – Princess Private Equity Holding Limited (LON: PEY) today announced the appointment of Peter McKellar to its Board as Non-Executive Chair effective from 23 November 2023.
The company also announced that Henning von der Forst has notified the Board that he will not seek re-election at the next AGM scheduled to be held in June 2024.
About Peter McKellar
Peter McKellar has extensive experience in the asset management, investment company, and private equity sectors. He is currently a Non-Executive Director of 3i Group plc, the Deputy Chairman of AssetCo plc, a Board Member of Scottish Enterprise, and Vice-Chairman of Investcorp Europe Acquisition Corp 1. He was formerly Global Head of Private Markets at Standard Life Aberdeen plc, before which he led Standard Life Investments’ private equity and infrastructure business and was their CIO. During his time at Standard Life Investments Peter led the listing in 2001 and was then lead manager of Standard Life Private Equity Trust (now called Abrdn Private Equity Opportunities) until 2015. Prior to that, he held a variety of finance posts in industry and corporate finance positions.
About Princess
Princess is an investment holding company founded in 1999 and domiciled in Guernsey. It invests, inter alia, in private equity and private debt investments. Princess is managed in its investment activities by Partners Group, a global private markets investment management firm with USD 142 billion in investment programs under management in private equity, private debt, private real estate, and private infrastructure. Princess aims to provide shareholders with long-term capital growth and an attractive dividend yield.
SOURCE: https://www.princess-privateequity.net/en/
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