Gerry Murphy, a senior managing director at Blackstone and chair of Blackstone Europe, has been appointed as the new chairperson of private equity and venture capital industry body Invest Europe, replacing Quadriga Capital founder Max Römer.
Austria-based electrical engineering company had filed for insolvency in April 2020
VC house expects to hold a €35-45m first close by the end of July and a final close in around one year
LPs in Exponent III include Aberdeen Standard Investments, Central Pension Fund and CNP Assurances
Company has generated €12m in revenues and has a 25% EBITDA margin