PRESS RELEASE
20 May 2014, at 10:00 a.m.
eQ ADDS EXPERTISE IN REAL ESTATE ASSET MANAGEMENT - TERO ESTOVIRTA, ROBERT LANDTMAN AND SAMUEL GRANVIK JOIN eQ ASSET MANAGEMENT
eQ Asset Management raises real estate asset management as a significant part of its business among private equity and traditional asset management. eQ Asset Management strengthens its real estate asset management with three experienced real estate professionals.
Tero Estovirta, M.Sc. (Eng.), has been appointed as a head of real estate investments and as a member of the eQ Asset Management management team. Estovirta has almost 20 years of experience from various positions in NCC. Most recently he has acted as a managing director of NCC Property Development Ltd and as a country manager in Finland. Estovirta’s significant experience on real estate market and various types of real estate will be a very significant contribution for eQ’s current and new real estate investment projects.
Two new investment directors are nominated in Estovirta’s team. Robert Landtman, M.Sc. (Econ), has been working for the last four years as a director in Sveafastigheter and before that eight years as an investor in different private equity companies both in UK and Finland. Samuel Granvik, M.Sc. (Eng.), has seven years of experience on real estate transactions at Advium Corporate Finance and prior to that four years of experience from analyses and transactions at NCC.
eQ Asset Management is one of the leading asset managers in Finland and it manages EUR 6.8 billion assets. Clients are institutional investors and high-net-worth private individuals. In addition to traditional asset management and private equity asset management eQ focuses significantly on real estate asset management. eQ Asset Management’s first real estate fund eQ Care’s investment capacity is more than EUR 200 million and number of unit-holders is already more than 900. eQ plans to introduce new interesting real estate funds and services in the future.
Helsinki 20 May 2014
eQ Asset Management Ltd
Additional information:
CEO Mikko Koskimies, eQ Asset Management Ltd, tel. +358 50 568 8359; mikko.koskimies@eQ.fi
Distribution: NASDAQ OMX Helsinki, www.eQ.fi
eQ Group is a Finnish group of companies specialising in asset management and corporate finance business. eQ Asset Management offers a wide range of asset management services (including private equity funds) for institutions and individuals. The assets managed by the Group total approximately EUR 6.8 billion. Advium Corporate Finance, which is part of the Group, offers services related to mergers and acquisitions, real estate transactions and equity capital markets.
More information about the Group is available on our website at www.eQ.fi.