ATP Loses Managing Partner

Mar 29 2007 | 8:53am ET

Jens Bisgaard-Frantzen, a managing partner at p.e. fund of funds ATP Private Equity Partners, is leaving the firm to “start a new business within alternative asset investing,” according to ATP. It was unclear at what Frantzen’s new endeavor is or if anyone is taking his place. Calls made to the firm were not returned at press time.

The remaining managing partners are Torben Vangstrup, Susanne Forsingdal and Klaus Rühne.

In 2001, Bisgaard-Frantzen undertook the firm’s ambitious investment target of committing over €3 billion (US$4 billion) into the asset class. To date, ATP has committed almost €3.5 billion to private equity funds and so far €1.5 billion has been invested.

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