Ericsson Venture Partners hires Maybell

Mark Maybell, managing director at Merrill Lynch, is joining Ericsson Venture Partners as its senior managing director.

Ericsson Venture Partners is Ericsson's corporate venturing arm with a $300m (€339.3m) fund, formed through a four-way partnership of Ericsson, AB Industrivärden, Investor AB and Merrill Lynch. Each partner committed $75m.

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