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Segulah founder/chairman to step down

The founder and chairman of Segulah Advisor AB, Gabriel Urwitz, will leave his post as chairman and will be replaced by current managing partner Sebastian Ehrnrooth.

Urwitz will remain a member of the firm's investment committee for the duration of the Segulah V LP investment period, and a board member in several of the Sweden-based private equity firm's portfolio companies.

Segulah deal partner Marcus Planting-Bergloo will take on the role of managing partner. All changes will be effective April 1.