Wheatsheaf Group, part of the UK family office Grosvenor Estate, has hired Peter Juul Kristensen as portfolio development director to help support the strategic development of portfolio companies and find synergies between them.
Wheatsheaf was established in 2012 to focus on investing into resource efficiency and productivity in food and energy production to combat the challenges facing global natural resources.
This is a new role for Wheatsheaf and Kristensen joins from Genus PIC, the pork chain genetics technology company, where he was a director. His career also includes working for Boehringer Ingelheim, a leading pharmaceutical company where he had a number of international roles.
Wheatsheaf has invested into 16 companies. The latest was a £12.6 million investment into BluWrap, a maker of food shelf-life extension technology last November. And in September it invested $5 million into Enterra Feed, a Vancouver-based animal feed producer.