Deutsche Beteiligungs AG announces supervisory board changes
Listed, Germany-based GP Deutsche Beteiligungs AG (DBAG) has announced the appointment of Tom Alzin and Jannick Hunnecke to its supervisory board, while Rolf Scheffels is to leave the board when his term of office ends.
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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