Partners Group, the leading global private markets firm, today announces several changes and nominations regarding the composition of its Board of Directors (the “Board”) and related committees, which will be proposed at the next Annual General Meeting of shareholders (“AGM”) on 12 May 2021.
The Board has nominated Joseph P. Landy for election as a new independent member of the Board. Mr. Landy, the former Co-Chief Executive Officer of Warburg Pincus, has been involved in the private equity industry since 1985. During his 20-year tenure as Co-CEO at Warburg Pincus, Mr. Landy was jointly responsible for the management of the firm, including the formulation of strategy, oversight of investment policy and decisions, leadership of the firm’s Executive Management Group and the coordination of limited partner communications. Mr. Landy’s principal areas of investment focus were information technology, internet applications and infrastructure, communications applications and structured investments.
Steffen Meister, Executive Chairman of the Board, Partners Group, states: “We are delighted to welcome Joe to our Board. As one of the most highly respected senior authorities within the US private equity industry, Joe brings with him an impressive track record of private markets leadership. We look forward to collaborating with him on the further expansion of our transformational investing and bespoke client solutions platform in the coming years.”
Joseph P. Landy comments: “I admire Partners Group’s entrepreneurial approach to private markets investing and ownership of assets, as well as its market-leading investment performance, and I am excited to join the Board of this highly successful firm. I look forward to supporting the realization of Partners Group’s true growth potential outside of European markets together with my Board colleagues and the senior management team.”
Additionally, Dr. Eric Strutz, currently Vice Chairman, Lead Independent Director and Chairman of the Risk & Audit Committee, will retire from the Board as of 12 May 2021, after reaching Partners Group’s maximum term for Independent Board Members of ten years. Following his retirement from Partners Group’s Board, Dr. Strutz will remain a member of the firm’s Operating Director network and will continue his Board assignments at Partners Group’s portfolio companies Global Blue and Techem.
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