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Petrus Advisers Ltd.

I. Basics

Petrus Advisers Ltd is a London-based activist investment firm established in late 2012 (FCA-regulated), specializing in fundamental, long/short equity investments across European mid‑caps.

Klaus Umek is the Managing Partner of Petrus Advisers. He founded the firm in 2009. Prior to founding Petrus Advisers, Klaus was a Managing Director at Goldman Sachs where he was Head of Investment Banking of Austria and CEE. He is a serial entrepreneur and investor in real estate, real estate development and start-up businesses. An evangelical Christian and firm believer in charitable work of the lucky and rich, Klaus is the founder and sole source of funding of the Austrian Youth Education Institution Juhu! Jugendhilfswerk der Familie Umek.

Klaus Umek is the Managing Partner and Founder of Petrus Advisers, a London-based hedge fund and alternative asset management firm. Klaus is self-made. His family´s background is in medicine, the arts, education and the civil service and military. Klaus is a serial entrepreneur and investor in real estate, real estate development and start-up businesses as well as the sole source of funding and founder of ‘Juhu!’, Jugendhilfswerk der Familie Umek, an educational institution, dedicated to improving the academic results and personal development potentials of kids, aged 6-10 and 10-14 from underprivileged families in the Vienna region in Austria.

Klaus´ first venture into entrepreneurship was the opening of doors to investors´ money of Petrus Advisers, an FCA regulated financial institution, in late 2009 with active support from key UHNWI investors and family offices from the Germany/Austria CEE region (assisted by Klaus´ own money). Amused by the idea that he would have called his active capitalist venture after the famous Chateau Pétrus, Klaus will direct this rumour to his investment banking work for Cerberus Management, a famous NYC distressed fund. Klaus selected the name of Petrus Advisers for his 2009 jumpstart into active long-short and event driven capitalism on a more colourful idea: St. Peter/Petrus is the first apostle and founder of the Church and in Christian mythology sits at heaven´s gate and decides who gets to be admitted to heaven and who to goes to hell. Klaus felt it would be an honour to be Petrus´(Saint Peter´s) adviser – and that it would be vastly more rewarding than to guard hell as a dog with multiple heads (Cerberus).

Prior to founding Petrus Advisers, Klaus was a Managing Director at Goldman Sachs where he was Head of Investment Banking of Austria and CEE. During his years at Goldman Sachs from 1996-2009, Klaus participated in some of the major deals in the European arena of bank capital markets and mergers including Allianz/AGF, Swiss Life/Lloyd Continental, Bank Austria/Creditanstalt, HVB/Bank Austria, Erste Bank/BCR, Cerberus/BAWAG, the Vienna Insurance Public listing, as well as in major private equity transactions such as Blackstone/Celanese, GS/Allianz Capital Partners/Messer Griesheim and privatisation work such as Telekom Austria, Post.at, Austria Tabak. Klaus´ IPO and capital market work included the listings of New World Ressources, Strabag, Post.at, Head NV, Bank Austria, two capital increases of Erste Bank and Eurobond issuance for Alfa Bank. In M&A Klaus worked for Daimler, Polaris, FCC, Swiss Life, NRG Energy, MOL, OMV, JC Decaux, Porr, Wienerberger, ÖIAG, Continental, CVC Capital Partners, KKR, Blackstone, Elliott Advisors et al. Klaus holds a Masters Degree in Management of Vienna University of Economics and Business (WU Wien) and a Masters in Finance (CEMS) from the London School of Economics and HEC Paris. Klaus participated in the PhD program of University of Chicago and WU Wien.

Klaus started collecting wine in 2006 with the 2005 Bordeaux campaign, while an employee of Goldman Sachs in Frankfurt, Germany. While not a very frequent or big drinker, other than Vodka (but never beer) in his student days, and from an almost entirely teetotaller family of medical doctors and creative arts agents, he has focussed on the highest rated wines by Robert Parker (Wine Advocate) and Allen Meadows (Burghound), as well as recently listening to the advice of Neal Martin. He originally started collecting through the German, Swiss and Austrian as well as recently the UK wine trade – who appear to have been net sellers of the finest wine libraries to date. In 2007, Klaus extended his collection into Burgundy as well as the finest Napa Valley, Italian (both Barolo and Super Tuscan), Australian, Spanish and Austrian wines. That same year, Klaus moved back to London to work for Goldman Sachs International and subsequently founded his hedge fund and asset management firm, Petrus Advisers. His gardening leave was one weekend. When choosing Petrus Advisers as the name for his entrepreneurial start, Klaus was involved in discussions with Chateau Petrus and KKR´s Petrus Insurance about a co-existence agreement for European name rights and patent purposes.

II. Letters & Presentations

Letters

Criteo S.A. - 27-Feb-2024

III. Significant companies
Below is a list of company engagements where the filer has filed a Schedule 13D and/or engaged in a proxy campaign. As the filer does not file a Form 13F, current ownership information is not available.
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