Stockholm, June 17, 2011
The Board of NAXS Nordic Access Buyout Fund AB is pleased to announce the appointment of Lennart Svantesson as the new CEO of the Company.
Mr. Svantesson, whose previous positions include CEO of the listed investment company Bure Equity AB, CEO of Scribona AB, CEO of Nimbus Boats AB, CEO of Arthur D. Little Scandinavia AB and Senior Vice-President of Volvo Car Corporation, brings along both a private equity and financial industry competence and in the view of the Board is thus uniquely positioned to continue the development of NAXS.
Mr. Svantesson will take up his new duties on June 20, 2011.
This press release and further information is available on the Company’s website: www.naxs.se.
NAXS Nordic Access Buyout Fund AB (publ), Reg. No. 556712-2972
Grev Turegatan 10, 114 46 Stockholm
Telephone: + 46 (0)8-611 33 25, E-mail: info@naxs.se
www.naxs.se
Contact information
Björn C. Andersson, Chairman
Telephone: +46 70 206 06 85
Lennart Svantesson
Telephone: + 46 733 110011
NAXS operates as a private equity fund-of-funds with investments in buyout funds with a Nordic focus. The objective is to make the Nordic private equity market accessible for a broader circle of investors, while offering liquidity through the listing of the Company's shares on the NASDAQ OMX Stockholm Exchange.
