Nicholas (Nicho) Herold
Investor at Boston Consulting Group (BCG)
Nicholas (Nicho) Herold
Investor at Boston Consulting Group (BCG)
Munich, Bavaria
Overview
Work Experience
Associate - Principal Investors & Private Equity (PIPE) | Strategy Consulting
2024 - Current
- Core member of BCG’s PIPE taskforce in Central Europe; staffing ringfence since start at BCG - Conducted 10+ buy-side commercial DDs and pre-DDs across software, business services, TMT infrastructure, retail/consumer, and chemicals; focus on market models and financial models for revenue and cost initiatives
Investment Associate - Antler Elevate | Late-Stage VC
2021 - 2023
Antler Elevate is Antler's flagship c. $300M late-stage VC / early Growth fund. It invests globally and sector agnostically at Series A - Series C with $1M - $15M tickets in minority preferred stakes. The fund not only is Antler's continuity fund (similar to Y Combinator Continuity) for the top 1% of Antler startups but also invests in non-Antler firms with potential to become regional category leaders. Antler Elevate is supported by leading LPs including sovereign wealth funds and publicly listed global asset managers. Learn more at antler.co/elevate Selected Achievements: - Co-established inaugural Antler Elevate fund as the fund's first Associate based in NYC with rotation through London, Berlin, and Singapore - Conducted commercial and financial due diligence on 70+ deals at Series A – C stages; focused on fintech, B2B SaaS, consumer, and frontier technology firms across North America, Europe, and APAC - Developed Antler's global investor network and maintained relations with global tier-1 funds and local funds in Europe and Southeast Asia - Compiled sector study on Open Finance in Southeast Asia to help portfolio companies define growth roadmap Portfolio lead for: - Inshur (commercial motor insurance, USA) - PowerX (IoT energy platform, USA) - VeroTech (lending and SaaS for inventory financing, USA) - Juno (retail neobank, USA) - Volopay (expense management for SMEs, Singapore) - Qashier (smart POS for SME retailers, Singapore) - Staffinc (personnel-on-demand platform, Indonesia) - Brick (Open Finance APIs, Indonesia) - Bootloader (AR/VR pets, Vietnam)
Sustainable Investments Intern | ESG Investing & Research
2019 - 2019
- Screened research reports on sustainable ETFs and built quantitative model to scrutinize their superior returns; results were published in “Leveraging the Potential of ESG ETFs for Sustainable Development” (Feb. 2020) - Drafted actions on how to boost UN Sustainable Development Goals covered by ESG ETFs from 7 to 13
Fellow Intern | Strategy Consulting
2019 - 2019
- Private Equity & Principal Investors (PEPI): Conducted commercial due diligence to advise European PE fund on purchase of Series E consumer loans fintech; results helped client decide on acquisition - Technology / Software: Benchmarked SaaS solutions portfolio of leading ERP providers; analysis was cornerstone for measures to lift customer satisfaction
Business Development Intern | Automotive Chemicals Japan
2018 - 2018
- Analyzed precedent transactions of Japanese competitors; insights supported leadership in M&A target search - Investigated customer trends in Japanese coatings market and modeled market growth scenarios; insights were used to prioritize organic growth levers
M&A Intern | Transaction Advisory
2017 - 2017
- Assessed key financial and regulatory post-merger risks in merger of two leading European payment service providers; results helped client define target operating model - Performed process mapping and validated cost synergies in newly merged entity
Product Development Intern | Derivatives Exchange
2016 - 2016
- Conducted product research to substantiate transaction cost reduction for banks and institutional investors - Analyzed performance of market makers; analysis was used as basis for distribution of commissions
Education
Bachelor of Science (BSc)
2015 - 2018
Exchange Semester
2017 - 2017
Abitur (equivalent to A-levels)
2006 - 2015
AS-Levels (first year of A-Levels in the UK)
2012 - 2013