Blue Cap AG announced that with effect from September 1, 2022, changes in the Management Board of Blue Cap AG will come into effect. The Supervisory Board has decided to appoint Mr. Tobias Hoffmann-Becking, who has been Chief Investment Officer (CIO) for Mergers & Acquisitions and Capital Markets since April 2020, as Chairman of the Management Board/CEO. His contract was extended until December 31, 2027.

In addition, Mr. Henning Eschweiler will be appointed to the Management Board with effect from September 1 and will take over the position of Chief Operating Officer (COO) of Blue Cap AG from Ulrich Blessing, who is ending his Management Board mandate, which would run until the end of 2022, prematurely by mutual agreement. Henning Eschweiler (born 1982) will be responsible for portfolio management and sustainability at Blue Cap. He has many years of experience in German medium-sized companies and in the private equity sector.

During his time at the consulting firm Struktur Management Partner GmbH the graduate mechanical engineer and business economist advised companies on the development of growth and earnings increase programs. In addition, as operational manager, he was also responsible for their implementation. Most recently, Mr. Eschweiler worked at the Dutch-German private equity house Nimbus, where he was responsible for both M&A transactions and portfolio management. As a member of the advisory board and managing director, he assumed operational responsibility in selected portfolio companies.

With his proven expertise, Mr. Eschweiler will place a strong focus on the portfolio and the operational performance improvement of the portfolio companies.