Update regarding roles in the Nordic Capital organisation
May 30 2016
NC Advisory AB, advisor to the Nordic Capital Funds, is pleased to announce that Joakim Karlsson, Partner, will become of Head of Sweden, while Kristoffer Melinder will remain as the sole Managing Partner.
The goals they jointly set out to achieve as co-managing partners in 2010 have now been met and there is clear evidence that these initiatives have had a positive impact on Fund performance (more than 3x MoM delivered on exits made since 2011 and 30% IRR generated to date on investments made since 2011). Now is therefore a natural time to redefine the organisational leadership roles further.
Joakim Karlsson, Partner, Head of Sweden, NC Advisory AB, advisor to the Nordic Capital Funds: "Sweden is one of our key markets, where we always see many attractive investment opportunities. This change reflects our vision to continue to support excellent returns for all Fund investors, and my personal interests as well. I also look forward to supporting our on-going development as an active Partner."
Kristoffer Melinder, Managing Partner, NC Advisory AB, advisor to the Nordic Capital Funds: "Since 2010, Joakim and I have worked together to put in place a strong, replicable investment framework, and with this in place it is possible for us to make this change. It will allow us to better leverage our resources and facilitate growth. I myself look forward to continuing at the helm of the NC Advisory organisation with the support of all the Partners, and will continue to spearhead organisational initiatives which enhance the Funds' performance while also directly sourcing investments."
Over 25 years, Nordic Capital has grown to become one of the leading private equity investors in both the Nordic region and global Healthcare, with expert investment advisory firms in six countries and 100 committed professionals. The Nordic Capital Funds have a combined portfolio of 34 investments with aggregated annual revenues of over EUR 14 billion and more than 67,000 employees.
NC Advisory will continue to advise the Funds on investments and exits, in the same manner as before.
Katarina Janerud, Communication Manager
NC Advisory AB, advisor to the Nordic Capital Funds
tel. +46 8 440 50 50
About Nordic Capital
Nordic Capital private equity funds have invested in mid-market companies primarily in the Nordic region since 1989. Through committed ownership and by targeting strategic development and operational improvements, Nordic Capital enables value creation in its investments. Nordic Capital Funds invest in companies in northern Europe and in selected investment opportunities internationally. The most recent fund is Nordic Capital Fund VIII with EUR 3.5 billion in committed capital, principally provided by international institutional investors such as pension funds. 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. For further information about Nordic Capital please see www.nordiccapital.com