Bure Equity, the Swedish private equity house which has suffered from the downturn in technology assets, has made an early exit from its remaining 15.8% stake in Teleca, a listed technology consultancy.

It has realised a Skr50m (€5.5m) capital gain from the disposal and reduced net debt by Skr220m despite telling investors earlier this year that it would not reduce its stake in Teleca until 2004 at the earliest.