PPM Ventures opens in Munich

PPM Ventures, the private equity arm of Prudential plc, has opened an office in Munich. This is PPM Ventures’ third European office and a team of three led by Dr Sebastian Kern will staff it.

Working with Dr Kern will be investment executives Guido May and Thessa von Hulsen. All three joined PPM Ventures earlier this year. Dr Kern was previously with 3i, May spent three years as a managing director of a Lafarge business unit and Hulsen has a consulting background. May and Hulsen also have private equity experience.

In addition, PPM Ventures has also recruited further staff for its Paris operation. They are Nicolas Delcourt and Maire Ducoux-Deslandes, who both join as executives. Delcourt was previously in Apax Partners Paris office and Ducoux-Deslandes worked in the corporate finance department of Deloitte & Touche in both Paris and London.

Nicolas Delcourt and Maire Ducoux-Deslandes join Jean-Lou Rihon and Marc Demicheli in PPM Ventures Paris office.