Henderson Private Capital, the private equity arm of Henderson Global Investors has sought to boost its German profile with the appointment of Walter Moldan, the former managing partner of UBS Capital’s German private equity operations. UBS revealed earlier this year that it was to wind down its private equity operations.
Moldan, whose previous experience includes private equity and operational roles at IMM, Heller International, 3i and Heidelberger Zement, will join the Henderson’s European private equity team as a partner in Munich.
Toby Boyle, head of European private equity at Henderson Private Capital, said the appointment would boost the firm’s mid-market deal capability in Germany. “Walter’s appointment further strengthens our German presence and reinforces our position as a leading player in the private capital arena.”
The European Private Equity team at Henderson Private Capital recently launched the Henderson European Partners I, a E400m fund focusing on pan-European businesses with strong growth opportunities. The fund is to be raised in association with Feri Alternative Assets, targeting the German institutional market.
Henderson said the co-operation between Henderson Private Capital and Feri Alternative Assets is yet to receive antitrust approval and will be subject to clearance by the cartel office in Germany.
Henderson Global Investors is the investment management subsidiary of AMP, the international financial services group which manages over £103bn in assets. Recent investments by Henderson Private Capital include UK entertainments firm Leisure Link and Mega Radio (Germany’s first national commercial radio station), and Corpnex.