Klaus Weber joins 3i Germany as head of Growth Capital investment team
31/01/2008
Effective 1st February 2008, Klaus Weber will lead 3i Germany's Growth Capital investment team. 41 year old Weber succeeds Andreas Kochhaeuser, who will leave the firm to pursue other projects. Weber was previously in charge of the acquisitions finance team at the Frankfurt branch of French Bank Calyon, which emerged from the union of Crédit Agricole and Crédit Lyonnais. 3i’s Growth Capital team typically invests between €50m and €250m for active minority stakes in German SMEs.
Prior to his work at Calyon and Crédit Lyonnais, for eight years Weber held various roles in Deutsche Bank’s European Leveraged Finance, Structured Finance/Syndicated Loans as well as the Corporate and Real Estate Risk Management teams.
"We are very pleased to be able to bring on board an internationally experienced financial expert in Klaus Weber to head our Growth Capital team in Germany," comments Stephan Krümmer, Managing Director of 3i Germany. "Today we’re in an excellent position to leverage the potential of a dynamic and globally developing market. This is due in no small part to the contribution of Andreas Kochhaeuser. We thank him for his efforts and wish him all the best in his future endeavours."
About 3i
3i is a world leader in private equity and venture capital. We focus on Buyouts, Growth Capital, Venture Capital, Infrastructure and Quoted Private Equity (“QPE”) and invest across Europe, the United States and Asia. Our competitive advantage comes from our international network and the strength and breadth of our business relationships. These underpin the value that we deliver to our portfolio and to our shareholders.
3i Growth Capital is the world’s largest growth capital fund investing over €1bn every year in businesses across Europe, Asia and the US. We provide financial and strategic support to established businesses with the potential for outstanding value growth. We invest between €50m - €250m to help businesses achieve their growth ambitions, restructure shareholdings, release equity or change the balance of equity to debt. Once we have invested, we are committed to working in partnership with majority shareholders.
For further information please contact:
Rachel Richards, 3i Press Office,
email. rachel.richards@3i.com
tel. +44 207 975 3573