Partners lures GermanCapital duo for Munich office

Switzerland-headquartered Partners Group has hired two German M&A veterans to man its first office in the country.

Swiss alternatives giant Partners Group has unveiled a raft of promotions and established an office in Munich, Germany.

The Munich office will be run by two new partners at the firm. Jürgen Diegruber, described in a statement from Partners Group as a “serial entrepreneur”, has developed and sold a number of businesses. In 2005 he founded GermanCapital, a firm that invests in German mid-market businesses. Prior to founding GermanCapital, he set up Gi Ventures, a mid-market private equity firm.

Diegruber is joined in Munich by another new partner, Armin Weiland. Weiland co-founded GermanCapital with Diegruber, having previously been head of global M&A at HypoVereinsbank. Weiland was responsible for GermanCapital’s clean tech investments.

Munich will be Partners’ 12th office and its fifth in Europe. The firm has over €20 billion under management and invests across private equity, debt, real estate and infrastructure.

As well as the two German hires, Partners has unveiled its annual round of promotions, with eight members of staff being elevated to managing director.

In Zug, Switzerland, where Partners Group is headquartered, Erik Gunnervall, Robert Lustenberger, Philipp Schnyder and Andreas Knecht have been promoted to managing director.

Elsewhere in Europe, London-based debt specialist Juri Jenkner and Munich-based private equity specialist Peter Nietzer have also been promoted to managing director. In Singapore, private equity specialists Andreas Baumann and Kelvin Chan have both been made up to managing director.