Mid-market private equity firm Ergon Capital Advisors has hired former IK Investment Partners associate director Nils Lüssem as a principal.
Lüssem, pictured, will work out of the Brussels office covering German-speaking markets according to the firm’s website.
He spent seven years at IK after beginning his career in investment banking at Merrill Lynch in Frankfurt.
Ergon is backed by Groupe Bruxelles Lambert and has about €775m under management.
The firm makes equity investments of between €20m and €70m in companies with a sustainable competitive position in attractive niche markets located in the Benelux, Italy, Iberia, France, Germany and Switzerland.
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