Polaris Private Equity said Monday it made two appointments to its team. Martin Lindh and Thorsten Madsen both joined as investment managers. Lindh previously worked in SEB Private Equity as investment manager, while Madsen was most recently with Implement Consulting Group.
Polaris Private Equity (“Polaris”), the leading Danish/Swedish lower mid-market private equity investor, is delighted to announce the appointment of two new members of its team. Martin Lindh joins the firm as investment manager from SEB, while Thorsten Madsen, who also joins as a investment manager, was previously with Implement Consulting Group. The appointments follow Polaris’s achievement of a successful first close on its latest private equity fund – Polaris Private Equity IV – at DKK 2.2 billion (€300 million). The fund has a target of DKK 3 billion and follows the same strategy as its predecessor fund, seeking to build value in lower midmarket Danish or Swedish companies through operational improvement and professionalization, consolidation programmes and international expansion. Lindh previously worked in SEB Private Equity as investment manager. Prior to this he was with McKinsey for five years, where he was a senior associate in the private equity practice. Madsen has five years’ consulting experience within M&A, company valuation, business modeling and corporate strategy. He began his career at KPMG, before moving to Deloitte and more recently Implement Consulting Group. Jan Johan Kühl, Managing Partner at Polaris, commented: “We are very pleased to be joined by two exceptional, high calibre individuals in Martin and Thorsten, both of whom will become valuable additions to our team. These appointments amplify the momentum we have developed in recent years and reflect Polaris’s continued growth into the leading lower mid-market private equity house in the Nordic region.”