Cipio strengthens European and US teams

The private equity secondary direct investor has bolstered its Munich and Silicon Valley operations.

Cipio Partners has appointed two new associates in its Munich and Silicon Valley offices, and promoted Gerhard Miller to principal.

Christoph Wedegaertner has joined Cipio Partners’ Munich office as an associate. Wedegaertner joins from Munich-based family investment office BTV Group, where he was an investment manager. In a previous role, he was responsible for the firm’s global private and public equity investment programme.

Prior to BTV, Wedegaertner advised on M&A and corporate restructuring transactions at London-based investment banking firm Ambrian Partners. Before that, he worked for several years at Broadview International, a subsidiary of investment bank Jefferies Broadview.

David Mes has joined Cipio Partners’ Silicon Valley office, which opened this summer. Mes previously worked at pan-European early-stage venture capital firm NESBIC CTE Fund, where he managed investments in the software, internet services and energy industries. Prior to that, he was an investment banker at Banque Paribas and Lehman Brothers.

In addition, Munich-based associate Gerhard Miller has been promoted to principal.

Founded in mid-2003, Cipio Partners currently manages a portfolio of investments in almost 60 companies in the software, semiconductor, communications and life sciences sectors. In August, the firm appointed former Agilent Technologies MD Maximilian Schroeck as managing partner of its California office. Cipio Partners now has 12 investment professionals working across its three offices.

The firm specialises in acquiring and managing secondary direct portfolios of venture capital and mid-market investments, and currently manages four funds.