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New appointment to Palamon

Palamon Capital Partners has announced the appointment of Lorenzo Pellicioli to its board of advisers. Pellicioli, 56, has had an extensive business career in a variety of sectors, including media, leisure and telecommunications. He is currently CEO of the De Agostini Group, the Italian conglomerate with interests ranging from finance to publishing.

As the CEO of Seat Pagine Gialle from 1997 to 2000, he led the largest and most successful leveraged buyout in Italy. He is a member of the executive committee and the board of directors of Generali Insurance and serves as deputy chairman on the board of Générale de Santé. He is also chairman of DEA Capital and chairman and CEO of Lottomatica.

As a member of Palamon’s board of advisors, Pellicioli joins 10 other business leaders from six countries with expertise that reflects the range of service sector companies in which Palamon invests.

Palamon’s most recent investments include German retailer Dress-for-Less, Europe’s largest online designer fashion outlet, and D&D Media Group, a leading independent audiovisual producer operating in Belgium, the Netherlands and the UK.