International private equity firm Cinven today announces that it has hired a new Managing Director in its Portfolio team.

Sebastian Jaeger, Managing Director – Sebastian joins Cinven from Kloeckner Pentaplast, where he was Chief Transformation Officer, responsible for Business Transformation, Corporate Strategy & Development, Corporate M&A, Group Sustainability and Group Communications. Prior to Kloeckner Pentaplast, Sebastian worked at AlixPartners, where his role included leading transformation and value creation projects. Prior to that Sebastian worked at Bosch Power Tools and Robert Bosch France.

Commenting on Sebastian’s appointment, Thilo Sautter, Partner at Cinven who leads the Portfolio team that provides strategic operational expertise to Cinven’s portfolio companies, said:

“We are delighted to welcome Sebastian to the team. He brings with him a wealth of international management and consulting experience across a range of sectors, which will be vital to us and our portfolio companies.

“Sebastian’s appointment and the continued expansion of the Portfolio team not only highlights the importance of the team within Cinven, but Cinven’s commitment to investing in, and developing, the talent within each team and across the wider firm.”