PRINT THIS PAGE

Swiss fund of funds Adveq promotes Ender and Eriksson to executive director

Swiss fund of funds Adveq Management has promoted Rainer Ender and Tom Eriksson to executive director. Eriksson joined the firm in June 2004 and Ender has been with Adveq since 2001.

Before joining Adveq, Ender had worked for companies including Zurich Reinsurance Company and Arthur Andersen.

Eriksson held several management positions at Finnish ship power supplier Wärtsilä Corporation prior to his recruitment by Adveq in 2004.

'These appointments come at an important time for Adveq, in particular as we will be placing our third European fund of funds with institutions over the next months. With the broad experience they bring, Rainer and Tom complement the existing management team in an excellent way,' said Bruno Raschle, managing director of Adveq Management.

Adveq recently announced the launch of PEEUP III, the firm's seventh fund of funds and the third in the Europe funds series, with a target capitalisation of €325m.

Copyright © 2005 AltAssets