Palamon enlists new associate principal


London-domiciled Palamon Capital Partners has brought on Dietrich Hauptmeier as an associate principal of the mid-market private equity firm.

Hauptmeier joins from analytics business Pension DCisions, where he was a finance director for three years following a four-year stretch at Kohlberg Kravis Roberts & Co’s London office.

Palamon, with €1.1bn under management, is currently investing its second pan-European fund, the €670m Palamon European Equity II, which closed in 2006.

Palamon remained active over the last two years, investing in Associated Dental Practises, a UK provider of NHS dentistry, and Grupo, a Spanish healthcare provider.

In April, Palamon sold Nordax Finans, its Nordic consumer-finance company, to Vision Capital, which reaped a 3.7 times return for the private quity house.

Palamon then sold the final asset of the Star Parks Group, Movie Park Germany, to Parques Reunidos last month, which generated returns of 2.3 times on the overall Star Parks investment.

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