3i Private Equity Team Changes

19 June 2013

3i announces that Fredrik Karlsson and Mattias Eklund will become co-heads of 3i’s Nordic team from 1 July. Tomas Ekman will be leaving 3i following the successful completion of the disposal of Xellia. This management change is the final step in restructuring 3i’s Nordic team down from a four partner group to a two partner group in line with 3i’s strategic review.

3i also confirms that David Whileman has resigned and will be leaving the group to join a smaller private equity organisation with a focus on minority investing. David’s background has been in growth capital investing.

Over the last 12 months, 3i has restructured its Private Equity team with the aim of creating a team better aligned with the market opportunity across Northern Europe, North America and Brazil and a more manageable portfolio of investments. The Private Equity team now comprises 17 partners and there has been one unplanned partner resignation during this period.

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