General Atlantic hired Achim Berg as an operating partner based in the firm’s Munich office. Berg was previously chief executive officer of arvato AG, a unit of German media conglomerate Bertelsmann SE.
Munich, Germany – February 16, 2016 – General Atlantic, a leading global growth equity firm, announced today that Achim Berg, former Chief Executive Officer of arvato AG, will join General Atlantic as an Operating Partner effective April 1, 2016. Mr. Berg will work closely with the firm’s portfolio companies both in Germany and globally. He will be based in General Atlantic’s Munich office.
“We are thrilled to welcome Achim to the GA team as an operating partner,” said Bill Ford, Chief Executive Officer of General Atlantic. “As a leading executive within the technology and business services sectors, his deep expertise and decades of experience will make him a valuable asset to our portfolio companies and global investment team both in Germany and globally.”
“Achim Berg has a distinguished track record as an innovative and impactful executive at globally recognized technology and business services firms,” said Jörn Nikolay, Managing Director and Head of Germany for General Atlantic. “As we continue to deepen our capabilities in Germany and across the EMEA region, we believe he will be an important resource to our companies looking to accelerate growth in Germany and beyond.”
“General Atlantic has a track record of excellence in identifying and serving as a valued partner to leading high-growth companies. I look forward to playing a central role in the expansion of GA’s presence in Germany and to working closely with the entrepreneurs and management teams at our global portfolio companies.” said Mr. Berg.
Mr. Berg most recently served as Chief Executive Officer of arvato AG, a leading provider of media and business communications and technology services, which is subsidiary of German media conglomerate Bertelsmann SE. In this role, he was responsible for the strategy and operative business of Bertelsmann’s largest division with 70,000 employees. He also served as a member of the Executive Board of Bertelsmann. Mr. Berg also serves as Vice President and a member of the Executive Board of BITKOM, Germany’s Federal Association of Information Technology, Telecommunications and New Media.
Prior to arvato, Mr. Berg held a number of senior management positions at Microsoft, most recently as Corporate Vice President of the Windows Phone division at the U.S. corporate headquarters, and before that, General Manager of Microsoft Germany and Area Vice President of Microsoft International. Prior to this, Mr. Berg served on the Executive Board of T-Com, Europe’s largest telecommunications company, where he was responsible for the marketing and sales of landlines. Earlier in his career, Mr. Berg worked at Fujitsu Siemens Computers GmbH, Dell Deutschland GmbH and Bull AG. Mr. Berg completed his studies in computer science in 1989 in Cologne and completed the European Potential Management Program at the European Economic School.
About General Atlantic
General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. Established in 1980, General Atlantic combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to build exceptional businesses worldwide. General Atlantic has more than 100 investment professionals based in New York, Amsterdam, Beijing, Greenwich, Hong Kong, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo and Singapore. www.generalatlantic.com.