OpCapita hires new operating partner
Special situations investor OpCapita has hired Frank Maassen as its newest operating partner.
Maassen will start in his new role on 2 September 2019. He has previous experience in private equity, having formed Sun Capital Partners' operations team in Europe and served as an operating partner until 2013. Prior to that, he spent nearly 10 years at Huennebeck Group, a German-headquartered building equipment supplier, first as CEO of the French business and subsequently as group CEO.
Maassen has worked with OpCapita previously, having served as CEO of former portfolio company BUT, a French furniture and electricals retailer, between 2013-2018.
OpCapita is currently investing its Consumer Opportunities Fund II, which closed on its €350m hard-cap last year.
More on People
CapMan Managing Partner Johan Pålsson to depart
Pålsson resigns from management effective immediately; to stay as buyout partner until February 2024
Capvis grapples with EUR 1bn fundraise amid team exodus
Five partners for the Swiss-based GP leave firm in last two years; sponsor started sixth buyout fundraise in early 2023
Golding adds insurance expertise with hire for institutional clients team
Tim Ickenroth joins as director with prior experience at BNP Paribas and UniCredit
Travers Smith bolsters funds practice with hire from Proskauer
Tosin Adeyeri joins with particular experience in secondary portfolio transactions
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater