Invest Europe today announces Nenad Marovac as its Chair for 2018 to 2019. Founder and Managing Partner of global early-stage venture firm DN Capital, Marovac has over 25 years of investment experience in the technology and media sectors. Founded in 2000, DN Capital has supported early-stage and leading European companies, including British music recognition service Shazam, which is set to be acquired by Apple, and Germany’s leading used-car online marketplace, Auto1, which operates in 30 countries and is valued €2.9 billion.
“Venture capital is no longer just about Silicon Valley and Boston — European VC is now making waves,” said Marovac. “As well as creating leading global companies such as Spotify, Auto1 and Klarna — not to mention life sciences successes including Ablynx and GenMab — European venture firms are generating fantastic returns to investors and contributing to the health of European economies.”
Prior to DN Capital, Nenad was a Partner at private equity firm Advent International in London and received an MBA from Harvard Business School. He succeeds APG Asset Management’s Marta Jankovic as Chair of the association and the role is effective immediately. “Following the outstanding work by Marta Jankovic over the last 12 months, I’m looking forward to representing the broader private equity industry and its investors in my new role as Invest Europe Chair,” said Marovac.
Under Jankovic’s tenure, Invest Europe updated its best practice guidelines for operational activity, conduct and transparency with its 2018 Professional Standards Handbook. In a year that saw the European Commission announce its sustainable finance action plan, the association responded to the consultations and developed initiatives to help the industry continue to lead on environmental, social and governance (ESG) issues. As Chair of Invest Europe, Marovac aims to continue the strong focus on attracting more LPs to European venture capital.
“Nenad is a passionate and long-standing contributor to Invest Europe’s profile-raising work and industry events for European VC,” said Michael Collins, CEO of Invest Europe. “We are delighted that he has agreed to step into the role of Chair for the coming year”.