STOCKHOLM, Sweden, Nov. 15, 2002 (PRIMEZONE) -- As announced earlier, Investor AB (Other OTC:IVSBF) has decided to allocate capital to RAM Rational Asset Management, an independent asset manager owned by former Investor Executive Vice President Sven Nyman. The amount of capital has been set at SEK 600 million.
RAM ONE, a hedge fund, is a long/short global equity fund.
For further information:
Lars Wedenborn, Chief Financial Officer: +46 8 614 2141, +46 70 624 2141 Fredrik Lindgren, Senior Vice President, Communications: +46 8 614 2031, +46 70 624 2031
Investor AB is Sweden's largest listed industrial holding company. The company's business concept is to create shareholder value through long- term active ownership and investment activities. Investor is a leading shareholder in a number of public multinational companies, including AstraZeneca, Ericsson, and SEB. Investor also conducts venture capital activities in North America, Europe and Asia.
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