10 June 2010
Dietrich Hauptmeier appointed as Associate Principal at Palamon Capital Partners
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Palamon Capital Partners, one of Europe’s leading mid-market private equity firms, has appointed Dietrich Hauptmeier as an Associate Principal.
Mr Hauptmeier joins Palamon from Pension DCisions in London where he spent three years as start-up Finance Director of this fast growing analytics business. Prior to that he was a Principal at Kohlberg Kravis Roberts & Co in its London office where he worked for four years. Mr Hauptmeier graduated from Technical University, Berlin, with a Diploma in Business Mathematics.
Mr Hauptmeier’s appointment takes Palamon’s London-based team to 18 investment professionals. The Firm, with €1.1 billion of equity under management, is currently investing its second Pan-European fund, Palamon European Equity II, L.P.
Daan Knottenbelt, Partner and Member of the Operating Committee, commented: “Palamon has over the last year maintained its investment pace through one of the most difficult financial periods in recent history owing to the strength of its thesis-led investment approach of identifying growth opportunities in the mid market. Commensurately, we have also continued to expand our team and are therefore delighted to welcome Dietrich, who brings exceptional analytical and transaction expertise to the team.”
Commenting on his appointment, Mr Hauptmeier said: “I am delighted to be joining Palamon, who have a solid reputation as a leading mid-market pan-European investor and whose portfolio continues to show strong revenue and profitability growth. I look forward to being part of this dynamic team and the opportunities the new role will bring.”
Palamon has maintained a strong transaction pace throughout 2009 and 2010, completing on several investments and successful exits. Investments include Associated Dental Practises, the leading UK provider of NHS dentistry, and Grupo SAR, a leading Spanish healthcare provider. In April 2010 Palamon announced the sale of Nordax Finans, its Nordic consumer-finance company to Vision Capital, which will yield a 3.7x return on investment. Last month Palamon sold the final asset of the Star Parks Group, Movie Park Germany, to Parques Reunidos, a sale which generated overall returns of 2.3x on the Star Parks Group investment.
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