Astorg Partners has promoted François de Mitry to managing partner.
De Mitry joined Astorg in 2012 and since then has been a partner and a member of the firm’s investment committee.
Astorg has also announced the opening of a Frankfurt office.
It already has advisers based in Germany but has not made investments in the country to date. It currently has offices in London, Paris and Luxembourg.
Furthermore, the firm has appointed Niklas Einsfeld as a partner in Frankfurt and Thibault Veber as an associate director in London.
Einsfeld joins the firm from Permira, where he was a director. Before that he spent time at Merrill Lynch and Deutsche Bank.
Veber was previously at Nomura, where he was a director in the bank’s leveraged finance team. Before that he worked at Citigroup, where he began his career.