Danish pension fund ATP has appointed Christian Hyldahl, currently CEO of Nordea Asset Management, as its new CEO.
Hyldahl will take the reins from incumbent CEO Carsten Stendevad, who announced his departure from ATP in August, due to severe health-related issues within his family. The new CEO will officially take over as head of Europe's second-largest pension fund, with €100bn in assets under management, on 1 January 2017.
Hyldahl is a 16-year veteran of Nordea, having joined Nordea Markets in 2000 as a managing director. He was promoted to chief investment officer in Nordea Investment Management in 2011 and became CEO of the bank's asset management division in January 2015.
Fund, which has already been invested in at least one transaction, has a €1bn target
Pechel, via Pechel IV, and the co-investment team of Omnes back the French IT services firm
Connection Capital provided £6.7m to support the buyout of the business in 2017
Temasek previously led a £7m investment for the technology developer in 2016