niiio finance group AG reorganizes management team: Johann Horch resigns from niiio; Steuer and Ropel new board members - Seite 2

Mr. Horch says: "I am grateful that I have been able to play to my strengths in building niiio, including the roll-up strategy we have pursued for the company in recent years, and in having found an experienced partner in Pollen Street Capital in 2023 who will now continue to pursue the vision we have set out. Today, niiio is the biggest wealth tech company in Germany. Now is the right time to hand over the management of the company to a new team which will further strengthen our strategy by bringing together the various parts of the company."
Dr. Martin Setzer commented as follows: "Johann Horch, the long-standing CEO of niiio finance group AG, is leaving the company. Without him, the company would not be where it is today. We would like to sincerely thank him for his many years of successful work for niiio group and wish him all the best for his professional future. Heribert Steuer and Christian Ropel are the two new members of the executive board who are already familiar with the niiio group. We are certain that the new management will successfully lead the further development of the niiio group and wish them every success, and we are looking forward to see the further developments within the group."
About niiio finance group AG
niiio finance group AG provides cloud-based SaaS solutions for the asset and wealth management industry. The company offers a comprehensive, modular set of solutions, enabling the digitization of a broad range of client-facing as well as mid-/ back-office activities. niiio finance group’s goal is to create the leading pan-European platform in its space, building on both its track record of M&A as well as its strong momentum organically.
About Pollen Street Capital
Pollen Street is a fast-growing, purpose-led and high performing private capital asset manager. Established in 2013, the firm has built deep capability across the financial and business services sector aligned with mega-trends shaping the future of the industry. Pollen Street manages over £4.5bn AUM across private equity and credit strategies on behalf of investors including leading public and corporate pension funds, insurance companies, sovereign wealth funds, endowments and foundations, asset managers, banks, and family offices from around the world. Pollen Street has a team of over 80 professionals with offices in London and New York City.