DECEMBER 21 2012
Sönke Bästlein will change his role to industrial advisor to the Nordic Capital Funds and resign as partner and head of NC Advisory GmbH.
Sönke joined Nordic Capital in 2008 and was instrumental in establishing the firm's German office, where the team is now well integrated into the organisation. The German market is important for Nordic Capital for primary platform investments and in particular as a source of add-on acquisitions.
Day-to-day leadership in the German office will be assumed by Joakim Lundvall, who will relocate to Frankfurt. Joakim Lundvall joined NC Advisory AB in 2012 with extensive private equity experience, including experience from the German private equity market.
For further information, please contact:
Katarina Janerud, Communications Manager,
NC Advisory AB, advisor to the Nordic Capital Funds
Phone: +46 8 440 50 69
About Nordic Capital
Since the start in 1989, Nordic Capital Private Equity Funds have invested in large and medium sized companies, primarily in the Nordic region. Nordic Capital creates value in its investments, through committed ownership and by targeting strategic development and operational improvements. The funds invest in companies in Northern Europe and in selected investment opportunities internationally. The most recent fund is Nordic Capital Fund VII with EUR 4.3 billion in committed capital, principally provided by international institutional investors, such as pension funds, asset managers and insurance companies. Nordic Capital Funds are based in Jersey, Channel Islands, and are advised by the NC advisory companies in Sweden, Denmark, Finland, Norway, Germany and the UK.