Company News

Thomas Krüger newly elected to the Supervisory Board of NORD Holding

28.08.2006

The shareholders of NORD Holding Unternehmensbeteiligungsgesellschaft mbH, Hanover, have elected Mr. Thomas Krüger from Wolfenbüttel to the supervisory board of the company. Krüger is a physicist and a full time member of the board of directors of the Braunschweig Public Insurance company.

He replaces Bernd Schnabel, the deputy chairman of the board of the Versicherungsgruppe Hannover (VGH). Schnabel was on the board for 4 years. Dr. Hans Vieregge continues as chairman of the supervisory board of NORD Holding.

About NORD Holding

With its 50-year history and over € 2.0 billion assets under management, NORD Holding is one of the leading private equity asset managers in Germany with a focus on direct and fund investments.

The fund investments division targets the small- and mid-cap segment of the European private equity market through primaries, secondaries and co-investments.

NORD Holding has a strong focus on emerging buyout managers, hands-on investment strategies and regularly acts as an anchor investor. The division manages € 1.3 billion and ranks among the top decile fund investment groups in Europe.

The direct investments division of NORD Holding focuses on structuring and financing company succession models, acquiring parts of larger groups/subsidiaries as well as on expansion financing of medium-sized companies. In contrast to most other financial investors, who only manage closed-end funds, NORD Holding acts as a so-called "evergreen fund", thereby investing from its own balance sheet with no maturity restrictions. Currently, the fund has interests in more than 15 companies in the DACH region.

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NORD Holding
Unternehmensbeteiligungsgesellschaft mbH
Christiane Lukas
Walderseestraße 23
30177 Hannover

Email

lukas@nordholding.de