Segulah reshuffles team

Sievert, who has been the firm's managing partner for 10 years, will now focus on deal generation, deal making and working with existing portfolio companies.

During his time as managing partner, Sievert was responsible for strategy development, fundraising, investor relations, the recruitment of industrial advisers and board members, as well as the development of Segulah's partnership structure and corporate governance.

Urwitz will replace Sievert as managing partner. Urwitz will be succeeded as chairman of Segulah by Lennart Ribohn, former senior executive vice president and CFO of Electrolux, and board member of Segulah for more than 10 years.

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