STOCKHOLM, Sweden, Sept. 12, 2005 (PRIMEZONE) -- EQT Partners announces that Petri Myllyneva , M.Sc. Econ, L.LM, has been appointed partner and Head of the Helsinki office as of 1 December 2005. His recruitment follows EQT's consistent efforts of securing the broadest of experience in senior positions. Andreas Tallberg, who has headed the Finnish operation since inception in 1998, will continue as senior partner.
Petri Myllyneva (42) has for the last 2 years worked at Roschier Holmberg Attorneys Ltd, heading their Turku Office. In 2000 -- 2003 Petri worked at Perkin Elmer Life Sciences Inc. as Senior Vice President, Acquisitions and Integration, based in Boston USA. Before that Petri spent 6 years in various management positions at Wallac Oy (today Perkin Elmer Finland), among others as Senior Vice President, Business Development and General Counsel.
EQT is a group of private equity funds that manages just below Euro 6 billion in equity in 7 funds. EQT Partners, acting as investment advisor to all EQT funds, has offices in Stockholm, Copenhagen, Helsinki, Frankfurt and Munich. EQT realises its business concept by acquiring and developing high-quality medium sized companies in Northern Europe. EQT serves as an active owner and works in close cooperation with the management of the companies it acquires, to develop and implement value-enhancing strategies. In total EQT has invested in 39 companies, with a combined enterprise value of approximately Euro 13 billion.
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