Investment strategies and philosophy
Broad assortment of investment strategies
We are different from most other private equity firms with a diverse offer that allows investors to choose the programme that most closely fits their strategy. We also offer unique tailor-made investment set-ups catered to our investors' needs and best interests. We strive to create the highest value with a wide range of offerings that are resilient to market changes.
Nordic Control investments
We make control or co-control investments in small-to-midsized companies in the Nordics with sales of SEK 100 – 2,000m. Our average equity investment is normally between SEK 100 – 500m. We are an active shareholder, looking for investments with strong value creation opportunities, such as,
- Change of ownership situations, e.g. family-owned enterprises
- Operationally and financially challenging situations
- Strategic re-positionings
- Platform for market consolidation
- Acceleration of growth opportunities
SEB Private Equity Global Investments
As one of the leading global private equity investors based in the Nordics, we manage about USD 4bn in capital on behalf of leading third party clients. These are invested in over 50 companies globally. We source our investments through our established network of institutions, private equity firms and family offices that we have built globally over the past decades. Together with our carefully-selected partners, we directly invest into portfolio companies. Because of our experience, network and insights in many sectors, we often serve on company boards. Today, our team members have board representation in over 40 investments around the world.
SEB Listed Private Equity and Industrial Opportunities
Through the SEB Listed Private Equity Fund, we invest in global public opportunities with private equity characteristics, defined as an active ownership model that facilitates both quick strategic decision-making, as well as implementation of operational improvements. Our investment focus is to build a diversified, global portfolio of different private equity or private equity-like investments in the public market with a clear upside potential.
Through our global programme and network we are able to identify many direct investment opportunities. Some of these are traded in the public markets. In some of these cases we may not be able to make the company private, but we still decide to invest through the public markets. This is always achieved with a local private equity partner holding board seat(s) through a significant minority ownership (up to 49%) with the aim of significantly changing the company operationally and/or strategically. These investments are accessible through our SEB Industrial Opportunities product.
Active ownership through strategic initiatives and operational efficiencies
Our investment philosophy is based on our long and extensive experience and a strong track record of investing locally and globally in a wide range of different companies and industries. We aim to grow alongside our investments and have a long-term industrial perspective with the ambition that each company reaches its full potential.
As active owners, we work closely both with our co-shareholders and the management teams of the companies we invest in. Together, we establish a value creation plan with clearly defined goals and strategies. The key part of the value creation plan is to develop our portfolio companies both operationally and strategically by partnering with entrepreneurs and managers.
We are one of the largest institutional investors in the Nordics, investing in companies world-wide on behalf of private, corporate and institutional clients. Acting responsibly as an owner is an essential part of our client mandate. It is therefore important that our portfolio companies handle the environmental, social and governance (ESG) impact associated with their businesses. We are convinced that companies that actively manage the ESG aspects of their business are better positioned to reduce risk and maximise opportunities.
We have implemented an ESG process following the whole investment cycle. This is included in our investment approach and philosophy, starting with the initial investing process (buy well), throughout our ownership period (add value to the asset), to the exit process (sell well). We include ESG in the screening phase of new investment opportunities, identifying no-go areas as part of our due diligence. When we invest in companies, the outcome of the ESG due diligence is integrated into a clear agenda for how to improve the company from an ESG perspective over the 3-5 years holding period. Our firm belief is that value creation through operational and strategic improvements drive outsized returns over time. Integrating ESG aspects forms an integral part of this.
SEB Investment Management AB is a wholly owned subsidiary of Skandinaviska Enskilda Banken AB. The fund company was formed May 19, 1978, with headquarters in Stockholm and organization number 556197-3719.