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IK partner to exit amid fundraising

The departure comes as Nordic-focused IK Investment Partners looks to raise €1.7bn for its seventh fund

A partner at IK Investment Partners will leave this summer to join a Swedish-listed trade company, as the London-based, Nordic-focused buyout firm raises a €1.7bn fund.

Kai Wärn confirmed he will leave IK on July 1 to become CEO of Stockholm-listed Husqvarna Group, the world's largest maker of outdoor power products such as robotic lawn mowers.

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