Ulrika Werdelin new Board Member of Altor Funds

Altor was founded in 2003 and since inception, the Altor Funds have invested in close to 40 companies. Altor Funds today consist of three funds with a committed capital of EUR 3,800 million.

Denis Viet-Jacobsen was one of the founders of Altor and has been on the Board of Directors of the three Altor Funds since 2010, but he has stepped down and will be replaced by Ulrika Werdelin. The new Board of Directors will consist of Ulrika Werdelin, Peter Bailey, John Boothman and Hannu Ryöppönen (Chairman).

“As Chairman of the Altor Funds’ Boards I am very happy that we could attract Ulrika to join the Board. She has 20 years of experience from the financial services sector and extensive knowledge from private equity environments in several countries. Ulrika will add immensely to the Board. I would also like to extend my sincere gratitude for Denis’ active participation within the Board”, says Hannu Ryöppönen, Chairman of the Board of Altor Funds.

For more information, contact: Hannu Ryöppönen, Chairman of the Altor Funds, through Tor Krusell, Head of Communications at Altor Equity Partners, +46705438747

About Ulrika Werdelin

Ulrika Werdelin has 20 years of experience in the Financial Services industry including positions as MD and European COO of Goldman Sachs PIA (principal investment area) and COO of Lapithus (loan asset management platform), as well as advisory roles for organisations such as Apollo and Goldman Sachs. Ulrika is Swedish-born and holds an MSc in Business and Economics from the Stockholm School of Economics. Ulrika is based out of London and she today also serves on the Board of AB Sagax (listed on the Stockholm Stock Exchange).

About Altor Funds

Since inception, the Altor Funds, with a committed capital of EUR 3,800 million, have invested in close to 40 companies. The investments have been made in Nordic mid-cap companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are Apotek Hjärtat, Carnegie, Lindorff, EWOS, Wrist Group, Dustin and Byggmax.

Author: Katarina Karlsson
Date: 2014.05.27
Categories: News

Altor sells its holding in Byggmax

Altor 2003 Fund (”Altor”) has sold its entire holding of 11,920,908 shares, corresponding to 19.6% of the shares in Byggmax Group AB (”Byggmax”). The transaction was completed through an accelerated bookbuilding to Swedish and international institutional investors at a price of SEK 53.50 per share (“the placing”). Following the placing, Altor does not own any...

Apotek Hjärtat starts preparation for possible listing on the Stockholm Stock Exchange

For more information, visit This notice does not constitute the offer of any securities for sale in any jurisdiction. The information contained in the linked pages does not form a part of Altor’s website.