Cinven, UK, France and Germany-based LBO house, has appointed Peter Gangsted, 42, as managing director of its Frankfurt office, Dr Julia Otto, 30, and Pascal Heberling, 28, as investment executives.
Gangsted was previously a managing director at Allianz Capital Partners in Munich, the private equity arm of Allianz Group, the global insurer and asset manager, where he spent the last three years. Prior to this he spent 15 years with Unilever in five countries with wide functional and general management responsibilities.
Dr Otto has worked in M&A with Goldman Sachs in Frankfurt on transactions with major focus on the German-speaking region for the past three years. Before that she was with McKinsey in Frankfurt for two years.
Heberling has been working in M&A at Merrill Lynch in London for the last four years, most recently as a vice president, where he advised companies primarily in the UK, Germany and France.