- Sam Breuning appointed as Partner and Head of the UK team to further drive AGIC Capital’s growth in Europe
- New London office significantly strengthens AGIC’s European presence
London and Hong Kong; 18 June 2018. AGIC Capital (“AGIC” or “the firm”), the leading European-Asian private equity firm focused on investments in high-growth sectors, today announces the appointment of Sam Breuning as a Partner, to lead its newly established London office.
Sam has over a decade of experience as an investment specialist in the European private equity market. He was previously a Partner at Equistone Partners Europe and began his career as a consultant at Bain & Company. During his time at Equistone, he led and collaborated on a number of transactions across a range of sectors including ChartCo, UK Power Reserve, Audley Travel, The Mill and A-Plan. He will join AGIC’s Investment Committee and Operating Board effective immediately.
A presence in the key financial market of London will complement AGIC’s current offices in Munich, Beijing, Shanghai and Hong Kong, enabling the firm to access new investment opportunities and a wider international investor base.
In its first fund, the firm raised $1bn between 2015 and 2016 with the support of several of the world’s most renowned financial institutions. Over the last two and half years, AGIC has invested more than half of its first fund: partnering with ChinaChem and Guoxin in January 2016 to acquire the global machinery supplier KraussMaffei Group, then the largest outbound investment from China into Germany. AGIC made its first solo investment, in June 2016, acquiring a large majority stake in Gimatic Srl, a leading Italian supplier of end-of-arm tools for various applications in industrial automation. In 2017, AGIC completed two acquisitions of innovative businesses in the healthcare sector, Fotona and Ritedose.
Henry Cai, Founder and Chairman of AGIC said: “We are delighted to appoint Sam to lead our new London office. Sam brings with him a depth of experience in the European private equity market and will be a huge asset to AGIC as we continue to expand, target new investment opportunities in the UK and across Europe and work towards future fundraising.”
Sam Breuning, Partner and Head of UK said: “AGIC has a very focused and differentiated strategy within an increasingly crowded marketplace for private equity. We focus only on high-quality industrial and med-tech businesses where we can help unlock the potential in high-growth Asian markets and where there can be significant barriers to entry. I’m excited to be joining a fast-developing private equity firm as we look to invest our first fund into market-leading companies that have significant potential for growth but need the finance and local expertise to realise that potential.”
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For more information, please contact AGIC@finsbury.com.
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About AGIC Capital
AGIC Capital (“AGIC”) is a European-Asian private equity fund, which focuses on buyout and growth investment opportunities in Europe. It invests in companies concentrating on industrial productivity & production efficiency, enable new applications & manufacturing methods and drive innovation for industrial products & solutions. Investment opportunities focus on five industry sectors: (1) intelligent production, (2) high-end systems and components, (3) advanced materials, (4) medical equipment and (5) environmental protection technologies. The fund supports its portfolio companies in the execution of their buy-and-build strategies, organic growth initiatives and operating improvements. AGIC strongly supports the concept of investing with a business purpose and working closely with the top management of its companies. The firm has closed its Fund I, its debut fund, in 2016 with US$1 billion successfully raised and is managed by seasoned investment professionals out of its offices in Munich, Beijing, Shanghai, Hong Kong, and London.
For more information: www.agic-group.com