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Teknoinvest AS
(23.11.2005)
As of November 2005 Teknoinvest Management AS has changed name to Teknoinvest AS!


CLOSING OF TEKNOINVEST VIII
(16.09.2002)

Teknoinvest Management has the pleasure of announcing the first closing of its new fund - Teknoinvest VIII, with a committed capital of € 60 million.

As Teknoinvest`s earlier funds, the fund will invest primarily into early stage Information Technology, Communications and Life Sciences companies, located primarily in the Nordic Countries and the United States.

Teknoinvest believes the timing of Teknoinvest VIII is right, since investments will be made in the lower part of the industry`s cycle with favourable terms and valuations. "When we exit the investee companies in 4-6 years time, we expect to be in the upper part of the cycle", Bjørn Bjorå said.



NEW INVESTMENT MANAGER
(23.04.2001)

We are proud to announce that Mr. Steven Morrell has joined the Teknoinvest team as investment manager.  Mr. Morrell has extensive experience in leading international oriented businesses through complex turnaround processes. Prior to joining Teknoinvest, he was the Managing Director of Aquasmart International AS.  Mr. Morrell has held numerous positions over the previous fourteen years including Managing Director for Merck & Co., Inc.’s subsidiary in Russia, Central Asia and Caucasia; General Director of Veropharm ZAO (Russia); President of Hafslund Nycomed Pharma AG (Austria) and management consultant in McKinsey & Co., Inc. (Scandinavia). Mr. Morrell will focus on IT/Telecom projects.


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Teknoinvest AS
23.11.2005

CLOSING OF TEKNOINVEST VIII
16.09.2002

NEW INVESTMENT MANAGER
23.04.2001

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