
Deutsche unquote" July/August 2011
Just a few months after closing what many call Europe’s most impressive fund of the year, Montagu is waving goodbye to two directors, unquote” has learned from sources close to the fund.
Peter Dahlberg, a director in Montagu’s Stockholm office, and Nico Helling, a director in the German team, were asked to leave by Montagu recently and are on gardening leave until November. Investors were sent a letter last month.
As of now, the two are not believed to be joining other buyout houses. Crucially, only Helling was a “key man” and is one of several, therefore the €2.5bn fund’s longevity is not in doubt.
In the July/August edition of Deutsche unquote":
* DACH fundraising on the up
* The importance of management due diligence
* Corporate buyers: stealing the deal
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