Joakim Karlsson and Kristoffer Melinder to become Managing Partners
Sep 01, 2010
Since its foundation little more than 20 years ago, built on
true entrepreneurship, Nordic Capital has grown to be one of the
private equity leaders in the Nordic region, with advisory firms in
six countries and over 80 committed professionals. The Funds have
today a combined portfolio of more than 20 investments, with
combined annual revenues of nearly EUR 13bn and almost 80,000
employees.
Nordic Capital continues to build on this position of strength,
and further develop its advisory network to ensure that it remains
committed to all its stakeholders.
As part of this process, Mr. Joakim Karlsson and Mr. Kristoffer
Melinder have assumed the roles of Managing Partners. In their new
capacities, Joakim and
Kristoffer will coordinate and lead the advisory work, external
relationships and the Nordic Capital advisory firms' development
going forward.
This will not, however, change the manner in which Nordic
Capital advisory firms formulate advice for the benefit of the
general partners of the various Funds on investments and exits.
Such advice will continue to be formulated on a consensual basis
amongst all Nordic Capital partners in the spirit of true
partnership.
Kristoffer Melinder: "This is a natural step for us since the
Nordic Capital advisory firms have grown in size and complexity and
the general operating environment now is more demanding. This new
role offers a set of fresh and exciting challenges to supplement
our existing responsibilities, even though Joakim and I expect to
continue to devote more than half our time to pursue attractive
investments."
Joakim Karlsson: "We have a vision of how we, as investment
advisors and investment professionals, can continue to develop the
Nordic Capital advisory firms for the future; building on our
strengths and trying to become better at all aspects of the
investment and governance cycle."
Robert Andreen: "This transition is an undramatic step in the
gradual evolution of Nordic Capital. Morgan Olsson and I have laid
the groundwork over many years and this is further proof of our
partnership culture working in a way that is
capable of change and development. The timing of this transition is
also logical as we have now assisted in stabilizing the Funds'
portfolio of companies, and
Fund VII is halfway through its commitment period. This will
also allow Morgan and I to focus more on the further development of
Nordic Capital, including building new relationships, especially
outside the Nordic region, which should potentially be of benefit
to the Funds and any successor funds."
For further information, please contact Joakim
Karlsson or Kristoffer
Melinder on +46 8 440 50 65, or Robert Andreen, Chairman, on +46
8 440 50 50
About Nordic Capital Private Equity Funds
Since the start in 1989, Nordic Capital Private Equity Funds
have invested in large and medium sized companies, primarily in
Northern Europe. Through committed ownership and by targeting
strategic development and operational improvements, Nordic Capital
creates value in its investments. The funds invest in companies in
Northern Europe and in selected investment opportunities
internationally. They are based in Jersey, Channel Islands, and are
advised by the NC Advisory companies in Sweden, Denmark, Finland,
Norway, Germany and the UK. Additional information about Nordic
Capital is available through its corporate website, www.nordiccapital.com.
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