Deutsche Beteiligungs AG announces supervisory board changes

Investment team members Alzin and Hunnecke will take up their roles on 1 March 2021, joining existing board members Torsten Grede and Susanne Zeidler.

Alzin joined DBAG in 2004 and became managing director in 2011, while Hunnecke joined in 2001 and became a managing director in 2008.

Scheffels joined DBAG in 1997 and first joined the board of management in 2004.

DBAG is currently deploying equity via DBAG Fund VIII, which held a final close in May 2020 on more than €1.1bn. The fund has made two platform investments so far and targets Germany-based Mittelstand businesses with an enterprise value of €75-200m.

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