Montana adds Japan Post, CVC grandees to board

Montana Capital Partners has been investing its €800m Fund IV, which held its final close in 2018.

Secondaries firm Montana Capital Partners has made two high-profile appointments.

The Baar, Switzerland-headquartered secondaries firm has added Tokihiko Shimizu and  Gregor Hilverkus to its advisory board, the firm confirmed to Secondaries Investor.

Shimizu was chief executive of Japan Post Investment Corporation, which launched in 2018 to invest up to ¥120 billion ($1.2 billion; €971 million) in direct private equity deals, sister publication Private Equity International reported. He has held various roles at Japan Post Bank, including head of private market investment.

Between 2007 and 2015 he was director-general of the research department at the world’s largest pension fund, Government Pension Investment Fund, according to his LinkedIn profile.

Hilverkus spent 14 years with the Zurich office of CVC Capital Partners, before becoming partner with DACH-focused lower-mid-market private equity firm Legian Investment Partner in 2016, according to his LinkedIn profile.

Hilverkus joined in recent weeks and Shimizu around four months ago, Secondaries Investor understands.

In January, Montana hired Pantheon’s Solaiman Zein as vice-president. Zein ranked third in August’s Next Gen Leaders ranking of the most impressive people in secondaries under 36.

Montana is investing its mcp Opportunity Secondary Program IV fund, an €800 million vehicle that closed in 2018 after five months in market. Deals it has backed include a €240 million strip sale involving French asset manager Tikehau Capital, as Secondaries Investor reported.

The firm was founded in 2011 by two former Capital Dynamics executives, Marco Wulff and Christian Diller, to focus on small and complex secondaries transactions.