Princess Private Equity Holding Limited today announces the following: Mr. Axel Holtrup has accepted an invitation to join the Board as a Non-Executive Director with effect from February 15, 2024. Axel Holtrup currently serves as a member of the Supervisory Board of Deutsche Beteiligungs AG (DBAG), a publicly listed private equity firm focused on mid-market buyouts in Germany. Additionally, his professional experience includes serving as a Director at Silver Lake Partners for five years before joining AEA Investors in 2011 as a Partner and Member of the Global Management Committee.

During his time at Silver Lake Partners, he played a central role in establishing the European office and was involved in several significant buy-out transactions, as well as a range of LBO debt investments. Mr. Holtrup began his private equity career with Investcorp in London, where he spent over eight years leading European buy-outs. Throughout his career, he has served on various portfolio company supervisory boards.

Before entering the private equity industry, Mr. Holtrup worked as a financial analyst in the M&A department of Morgan Stanley in London and Frankfurt.