PPM Ventures expands

PPM Ventures, the private equity arm of Prudential, has opened a third European office in Munich and has appointed two new investment executives to its Paris office.

In Munich, a team of three executives will cover the German, Austrian and Swiss markets, specialising in mid-market buyouts, public to private transactions and international purchases across a range of sectors.

The team has wide experience in private equity, finance, industry and consulting and is headed by Dr Sebastian Kern, who joined PPM Ventures earlier this year.