Specialist firm Munich Private Equity Partners (MPEP) has appointed Marc Schiedermeier (pictured) as its new co-head of business development.
Schiedermeier moves to MPEP after 17 years with DWS, where he was most recently director of institutional sales. In his new role, he will work closely with Sebastian Schwarzenegger to further expand the institutional investor base, with a focus on the Dach region. Schiedermeier will also, in close cooperation with management, contribute to the further ongoing development of MPEP’s institutional sales strategy to identify additional growth opportunities.
Christopher Bär, managing director at MPEP, said: “Marc Schiedermeier has many years of experience in the field of business development and is well connected within the industry. With his contacts and long-standing professional experience in serving existing and potential investors, he will make a valuable contribution to further expanding our investor base.”
Schiedermeier has more than 25 years of experience in business development for well-known fund providers and insurance companies. In his role at DWS, he further developed the asset manager’s new business with institutional investors, including pension funds, non-profit organizations, and church institutions. Prior to his time at DWS, Schiedermeier worked as senior sales executive at JP Morgan Asset Management where he strengthened the relationships with insurers, banks and asset managers.
He said: “MPEP provides exposure to an attractive niche with its focus on the lower mid-market segment in North America and Europe and has achieved an impressive performance with its programs to date. I am excited to support institutional investors in further expanding their engagement in private equity. Our goal is to provide more investors with access to some of the most sought-after and access-restricted lower mid-market buyout funds.”
Meanwhile, Schwarzenegger is also fairly new to MPEP, having joined the firm in September. Back then, it was said that the distant relative of the Kindergarten Cop would be responsible for acquiring and servicing institutional clients and sales partners with focus on the Dach region. In this position, Schwarzenegger as also slated to contribute to the ongoing further development of MPEP’s institutional sales strategy.