Partech hires another partner

The VC firm is the latest to grow its Northern European investment team with the appointment of Helmut Schön.

Partech International, the international venture capital firm with offices in the US, France and Israel, has appointed the former Merrill Lynch and WestLB partner to add to the firm’s European presence.

Schön will focus on investment opportunities in Northern Europe, especially in the United Kingdom and Germany, which has seen a raft of prominent appointments this year. According to Jean Marc Patouillaud, managing director at Partech, the move is aimed at boosting the firm’s visibility and presence in the German market as well as providing advisory services to the firm’s TMT portfolio companies in the region.

Schön has 20 years experience in the Technology and Telecommunications industries, 13 years of which were spent in investment banking. In his previous position, Schön built up the WestLB Panmure Technology Group and was a member of the WestLB Panmure management committee. Previously Schön was responsible for Merrill Lynch’s technology banking business in Europe.

A spokesperson for Partech said the firm was looking at a number of deals in Germany at present, pursuing interests in the firm’s familiar IT, technology and telecoms. The firm's most recent investment was as part of a E5m investment round in French mining software provider Pertinence.