New Partner joins the NorthCap Partners team

NorthCap Partners is delighted to announce that Kim Wiencken will be joining the venture capital manager as senior partner. Kim is replacing Robert Steiner, who has decided to return to operational management within the enterprise software industry.

Kim Wiencken brings significant experience from both the software and venture capital industry. Kim has during the last three years worked as an advisor for a number of European venture capital managers and in particular with venture backed ICT companies in Scandinavia and Germany. Kim is further part of the Faculty at Scandinavian International Management Institute, where he advises companies on growth and development issues. Kim brings knowledge and insight to the NorthCap Partners from these varying advisor roles. Also Kim has during the period invested in selected companies together with venture capitalists.

Previously Kim has held senior positions in SAP, Oracle, and Deloitte Consulting and has through these positions a strong insight into the ICT sector.

Jesper Scharling Sørensen and Thomas Weilby Knudsen: ?We are both very happy to welcome Kim on board our team at NorthCap Partners. We have worked with Kim on several projects and know the expertise, professionalism and knowledge Kim will bring to our team and to our portfolio companies.?

Kim Wiencken: ?I am looking forward to working with NorthCap Partners. They have ? together with BankInvest ? created an internationally unique concept, which allows the NorthCap team to spend maximum time concentrating on assisting ICT companies to successful development and growth. NorthCap Partners is a leader in its industry, and I have enjoyed working with NorthCap over the last few years, and look forward to an even tighter relationship.?

Following Kim?s appointment as senior partner, the partner team at NorthCap Partners will consist of Thomas Weilby Knudsen, Jesper Scharling Sørensen and Kim Wiencken.

Robert Steiner will, in addition to his new position, continue to assist NorthCap Partners on specific projects going forward.

About NorthCap Partners
NorthCap Partners is a leading venture capital manager headquartered in Copenhagen, Denmark and part of the BankInvest Group, which is the largest venture investor in Scandinavia.
Web-site: www.northcappartners.com

For additional information please contact:
Thomas Weilby Knudsen: +45 2461 4575, Jesper Scharling Sørensen: +45 2972 9166 or Kim Wiencken: +45 2330 4828.