Bill Morrow Leaving Mid Europea Partners

Bill Morrow will retire as managing director and chief operating officer of Mid Europa Partners, effective next month. He will be succeeded as COO by Jacques du Preez, who joins the firm from Pond Venture Partners.

PRESS RELEASE

Mid Europa Partners announced today that, Bill Morrow, Managing Director & COO of Mid Europa will retire in July. His successor, Jacques du Preez has joined Mid Europa and will take over responsibility as COO in July.

Bill Morrow has been with Mid Europa and its predecessor for over ten years, the last four of which he has served as COO with responsibility for the investment process, investor relations and reporting, and risk management. Prior to assuming COO duties Bill was a senior investment professional with the firm following twenty years in banking and development finance.

Jacques du Preez joins Mid Europa from Pond Venture Partners where he was COO. In addition to Bill Morrow’s current role, Jacques will take responsibility for all administrative, budget, financial and accounting activities at Mid Europa. Prior to Pond Ventures Jacques owned a business services firm providing outsourced back office services, IT support, accounting, tax and financial support to a number of multinational firms. Before forming his firm Jacques spent a dozen years in accounting, and financial consulting with Deloitte & Touche and Accenture.

Thierry Baudon, Managing Partner of Mid Europa said: “we are sorry to see Bill go. He has been an integral part of the Mid Europa team since its inception, and will be missed, but he has kept to his long-held plans to retire this year. He will continue to be available to us as a consultant. We are, however, very fortunate to have someone of Jacque’s caliber, extensive background and relevant industry experience to assume full responsibility for all operational support functions of Mid Europa.”

About Mid Europa Partners
Mid Europa Partners is the largest private equity firm investing in Central and Eastern Europe. Operating from London, Budapest and Warsaw, Mid Europa Partners advises manages funds with committed capital of approximately €3 billion. The Mid Europa Partners team has been investing in Central and Eastern Europe since 1999. Mid Europa Partners has made investments in twenty companies located in fourteen countries
of Central and Eastern Europe.

Mid Europa Partners employs an active, hands-on investment approach and applies the sector knowledge and operating experience of its people to deliver long-term value creation together with the management teams of portfolio companies. For additional information on Mid Europa Partners please visit: www.mideuropa.com