Paragon Partners
Paragon Partners is a German private equity company based in Munich. It was founded in 2004 and managed by the owners. The company administers several funds that invest in medium-sized German companies. Paragon's investors include institutional investors such as life insurance, pension funds, university foundations and private investors.
Private | |
Industry | Private equity |
Founded | 2005 |
Headquarters | |
Key people | Edin Hadzic Krischan von Moeller |
Website | www.paragon-partners.de |
History
Edin Hadzic and Krischan von Moeller founded Paragon Partners in 2004 and invested in the first two holdings. The first institutional fund (Paragon Secondary Partners) was launched in 2005. In 2008, the second fund (Paragon Fund I) followed.
In 2011 and 2012, there were some critical media reports in which Paragon was referred to as a locust.[1]
In 2014 Paragon wanted to take over the insolvent Weltbild Publishing Group. The takeover failed.[2] In the same year the third fund (Paragon Fund II) was launched. At the end of 2014, Paragon Partners had a total of approximately €634 million in assets under management.[3]
References
- "Münchener Finanzinvestor will Hessnatur" (in German). Frankfurter Rundschau. 9 June 2011. Retrieved 22 November 2016.
- "Investor kauft insolventen Weltbild-Verlag" (in German). ZEIT ONLINE. 11 May 2014. Retrieved 22 November 2016.
- Sabrina Willmer, Kiel Porter (4 March 2014). "Paragon Partners sammelt für Buyout-Fonds 400 Mio. Euro - Kreise" (in German). Welt. Retrieved 22 November 2016.