Nordic Private Equity Forum 2020 - Programme

NORDIC PRIVATE EQUITY F 2

O

9

O

R

C

T

U

2

M

0

2

0

EXPLORING THE FUTURE OPPORTUNITIES IN THE NORDICS IN LIGHT OF THE ONGOING PANDEMIC Welcome to the Nordic Private Equity Forum, a new annual event bringing together the Nordic and London based PE ecosystems, this year in the form of a virtual gathering. This has been a challenging year for many businesses and for all of us on a personal level. Even though live gatherings of this size are impossible to carry through at the moment, for us at the Swedish Chamber of Commerce it has been a matter of course to keep the conversation going in whatever format it may be. We are therefore very pleased to have you joining us in today’s discussion about the state of and outlook for future opportunities within private equity within the Nordics.

Today we bring you a great line-up of speakers from a range of fund managers and institutional investors, with interests across the region, all coming together and sharing their perspectives on what lies on the horizon for one of the most active private equity markets in Europe. We would like to take this opportunity to thank all of our sponsors and to acknowledge the great partnership with the British, Danish, Finnish, Norwegian and Swedish Private Equity & Venture Capital Associations. This really is a joint effort.

At the Swedish Chamber of Commerce we provide platform for businesses to grow and develop, and to connect across the North Sea. We have helped businesses since 1906 and will continue to stay relevant to the current and future needs of the SwedishBritish business community.

Peter Sandberg Managing Director, Swedish Chamber of Commerce for the UK

SPONSORED BY

PARTNERS

AGENDA 14:00 WELCOME Peter Sandberg, Managing Director, Swedish Chamber of Commerce for the UK Master of Ceremonies Carl-Johan Kullving, Nordics Reporter, Debtwire

THE NORDIC PRIVATE EQUITY MARKET: OVERVIEW AND ACTIVITY Mark O’Hare, Founder and CEO, Preqin

SOLVING GLOBAL CHALLENGES: INVESTING IN IMPACT Hannah Gunvor Jacobsen, Director, Summa Equity

HOW RESILIENT IS THE NORDIC PRIVATE EQUITY MARKET? Anders Borg, Managing Director, KKR Alireza Etemad, Partner Sweden/Finland, IK Investment Partners Jan Johan Kühl, Managing Partner, Polaris Pia Kåll, Managing Partner, CapMan Buyout Moderator: Jan Jensen, Partner, White & Case

DEEP DIVE INTO THE NORDIC MARKET Karl Eidem, Director, Head of Nordic Region, Silverfleet Capital Mia Sirkiä, Founding Partner, Saari Partners Clara Zverina, Director, Altor Equity Partners Moderator: Carl-Johan Kullving, Nordics Reporter, Debtwire

ALTERNATIVE STRATEGIES IN THE NORDICS Michiel Boorsma, Partner, Beechbrook Capital Fredrik Brynildsen, Investment Professional, KLAR Partners Emanuel Johnsson, Partner, Verdane Moderator: Ellen Amalie Vold, CEO, Norwegian Venture Capital Association

FIRESIDE CHAT: CREATING THE NEXT TECH GIANTS Pär-Jörgen Pärson, General Partner, Northzone Moderator: Martin Rames, Client Development, Nordic & UK, DealCloud

INSTITUTIONAL INVESTORS’ APPETITE FOR THE NORDICS Marcus Daleke, Investment Manager, Skandia Simon Faure, Investment Director, M&G Private Fund Investments Ingibjörg Meyer-Myklestad, Head of Corporate Affairs, Argentum Asset Management Joana Rocha Scaff, Managing Director and Head of Europe Private Equity, Neuberger Berman Moderator: Magnus Christensson, Partner, Pollen Street Capital

CLOSING REMARKS Jan Olsson, CEO of the Nordics, Deutsche Bank and Chairman, Swedish Chamber of Commerce

16:30 END

MASTER OF CEREMONIES Carl-Johan Kullving Nordics Reporter, Debtwire

Carl-Johan Kullving is responsible for Debtwire’s primary Nordic coverage, encompassing mid and large cap deals across the leveraged finance market. Carl-Johan joined Debtwire in 2018 from Swedish daily Dagens Nyheter, where he broke news across a variety of sectors such as business and politics after obtaining an MA in Business Journalism from Columbia University. He started his career as a journalist investigating the armed forces from within. Carl-Johan also has a BS in Politics and Economics from Lund University in Sweden.

Magnus Christensson Partner, Pollen Street Capital

Magnus joined Pollen Street in 2016 as Partner, Fundraising and IR. He is also a member of the Investment Committee. Magnus has extensive fundraising and IR experience having raised over USD 4 billion in his career since 1989. Prior to joining Pollen Street Capital, Magnus was previously at TPG’s Fundraising group, where he was part of the global team responsible for Europe. Prior to joining TPG in 2011, Magnus served as Managing Director and Head of Europe for Jefferies Fund Placement Group. From 2002 he was a Partner and member of the management committee at Atlantic-Pacific Capital Inc. and in 2000, was a Principal at NM Rothschild’s private equity business in London.

Jan Jensen Partner, White & Case

Jan Jensen is White & Case’s Nordic Head of Private Equity and the Executive Partner of the Stockholm office. In a career spanning 25 years, Jan has led more than 100 Mergermarket credited transactions, including LBOs, public takeovers, rescue investments and restructurings. Jan regularly works across multiple jurisdictions with some of the leading Nordic and European private equity firms and their portfolio companies. Jan holds two law degrees, one from Stockholm University and one from Harvard Law School.

MODERATORS Martin Rames Client Development, Nordic & UK, DealCloud

Martin BjÜrn Rames leads DealCloud’s expansion efforts in the Nordics.

DealCloud is the leading provider of deal and relationship management solutions to the private capital markets, serving 1,000+ clients globally.

Prior to DealCloud, Martin spent time on the data side, working within the Relationship and Sales team at Dealogic.

Ellen Amalie Vold CEO, Norwegian Venture Capital Association

Ellen joined NVCA in May 2020 after being the Head of Press Relations and Acting Director of Communications at Argentum Asset Management.

Prior to Argentum she worked 9 years as a communication consultant, last in Burson-Marsteller. She has an educational background in PR and communication from the Norwegian School of Management.

NOT JUST

Deal and relationship management solutions

dealcloud.com

IMPROVE OPERATIONS

|

EXECUTE ON DEALS |

INCREASE TRANSPARENCY

KEYNOTES Mark O’Hare Founder and CEO, Preqin

Mark O’Hare is Founder and Chief Executive of Preqin. Preqin provides market-leading global data, insights and solutions for the alternative assets industry, covering private equity, venture capital, hedge funds, real estate, infrastructure, private debt and natural resources. Preqin is an independent business with over 400 staff based in London, New York, Singapore, San Francisco, Hong Kong, Guangzhou and Manila, serving more than 60,000 customers in over 90 countries. Mark studied Mathematics and Mathematical Statistics at Cambridge University, where he graduated with First Class Honours and was awarded the Stokes Prize.

Hannah Gunvor Jacobsen Director, Summa Equity

Hannah Jacobsen is an Investment Director and Head of IR & Communication at Summa Equity, which today has more than EUR 1.4bn under Management. Summa was the first private equity firm to align its strategy with the UN Sustainable Development Goals. In 2019, Hannah co-authored the article “Private Equity 4.0: Using ESG to Create More Value with Less Risk” in the Journal of Applied Corporate Finance that describes Summa’s approach in integrating “externalities” and ESG factors to create long-term value. Prior, Hannah worked as a corporate finance professional at Swedbank, after receiving a business degree from Norwegian School of Economics.

FIRESIDE CHAT

CREATING THE NEXT TECH GIANTS Pär-Jörgen Pärson General Partner, Northzone

Pär-Jörgen Pärson has been a general partner at Northzone since 2004.

At Northzone, his primary areas of focus are disruptive businesses in consumer internet, health and fintech. His portfolio includes multi-billion dollar exits in market-defining companies such as Spotify, iZettle and Avito, as well as Pricerunner, Jasper, Videoplaza, and current companies like fuboTV, Spring Health, Play Dots and others. He appeared several times in Forbes’ Midas List.

Keep your sensitive data secure and mitigate your risk with Venue®

From accelerating due diligence to managing regulatory compliance, Venue is smarter than the average data room and has rigorous security for all your confidential information.

Work smarter and maintain moment-to-moment control over your sensitive data with Venue Virtual Deal Room: • Manage and share data with the highest level of security, reliability and efficiency • Auto-redact your documents to eliminate risk of third-party exposure • Data privacy assessment – Scans documents for Personally Identifiable Information (PII) information using intelligent technology • Q&A – Allow reviewers to ask questions about content and privately provide answers with customizable Q&A workflows • On-Demand Service complete with a dedicated project manager assigned to you and service team available 24/7/365 • Security at every level and backed by AT 101 Certification and 256-bit encryption Venue delivers the best possible service and solutions for M&A, IPOs, partnering, licensing, fundraising, financings, restructuring, bankruptcy and investor communications.

Learn about DFIN’s end-to-end risk and compliance solutions.

Visit DFINsolutions.com | Call us +44 203 047 6100

PANEL DISCUSSION

HOW RESILIENT IS THE NORDIC PRIVATE EQUITY MARKET? Anders Borg Managing Director, KKR

Anders Borg is the Head of the Consumer & Retail industry team in EMEA. Mr Borg joined KKR in 2013 to lead the firm’s activities in the Nordic region and was involved in the investments of Ambea, Mehilainen, Hyperion, Sector Alarm, Soderberg & Partners, Valinge, and Visma. Recent board directorships include Ambea AB (publ.), Mehilainen Oy, Visma AS, and Chairman of the Välinge Group AB. Prior to joining KKR, Mr. Borg was a partner at TDR Capital, worked for Bain & Company in Stockholm and New York, and in Nestle’s global strategy group in Switzerland.

Alireza Etemad Partner Sweden/Finland, IK Investment Partners

Alireza Etemad is a Partner and Head of the Swedish / Finnish Mid Cap team. He joined the firm in 2015, having previously worked at SEB Corporate Finance and Booz Allen Hamilton in Stockholm as well as Credit Suisse First Boston in London. He has substantial transactional and operational experience, and has served on the Boards of Aspia, Netel, Visolit and Ellab. Alireza specialises in the business services sector.

Jan Johan Kühl Managing Partner, Polaris

Jan Johan Kühl is Managing Partner at Polaris, a leading Nordic mid-market private equity firm (sweet spot between €30-150m) in Denmark and Sweden. Prior to joining Polaris in 2007, Jan was Group Director at Europe’s leading supplier of protection products for buildings and constructions, Icopal. Jan’s earlier positions also include CEO of Monarflex from 1995-2000, Project Manager at the Danish management consultancy Aarsø Nielsen & Partners, and Equity Analyst at Gudme Raaschou Investment Bank.

Pia Kåll Managing Partner, CapMan Buyout

Pia Kåll joined CapMan Buyout in 2016 as a partner and was designated managing partner in 2017. Before joining CapMan, Kåll was on the Executive Board of Outotec, where she was responsible for Strategy, M&A, Marketing and Operational Excellence. Previously she worked eight years at McKinsey&Company where she was an Associate Principal. She holds an M. Sc. In Engineering Physics and Mathematics.

PANEL DISCUSSION

DEEP DIVE INTO THE NORDIC MARKET Karl Eidem Director, Head of Nordic Region, Silverfleet Capital

Karl joined Silverfleet Capital in 2017 as co-head of the Nordic region. Prior, he was for an investment director with AP6, the sixth Swedish national pension fund, after being responsible for investments in the Nordic region at Doughty Hanson. He first started at Accenture in Stockholm before moving to London and into investment banking with Goldman Sachs and Lehman Brothers. In 2006, Karl became a partner at corporate finance firm ABG Sundal Collier in Sweden, spending five years before joining private equity. Karl holds a MSc in psychology from the University of Stockholm and an MBA from the Kellogg School of Management at Northwestern University, Evanston.

Mia Sirkiä Founding Partner, Saari Partners

Mia is a Founding Partner at Saari Partners, a buy-out fund focused in cultivating small service companies for success. Mia has not followed a typical career path leading to private equity, by working in various roles in branding, sales and go-to-market. She was responsible for the B2B marketing unit at brand agency Hasan & Partners, developing brand and marketing for industrial, service and technology companies. Prior, Mia had roles with Nokia Corporation from heading Global Go-To-Market Programs to business development to product marketing. Mia holds a MSc in Economics and Business Administration from Aalto University School of Business.

Clara Zverina Director, Altor Equity Partners

Clara Zverina is a Director at Altor Equity Partners in Stockholm. She joined the firm in 2014, after an 8-year stint in academia. She started her career at Credit Suisse in New York. Clara currently serves on the board of KonfiDents. She holds a BA (Hons) in Philosophy, Politics, and Economics from Oxford University, and an MPA/ID and PhD in Public Policy from Harvard University.

#1 Nordic Private Equity Advisor by Deal Volume Mergermarket 2020 whitecase.com

PANEL DISCUSSION

INSTITUTIONAL INVESTORS’ APPETITE FOR THE NORDICS Marcus Daleke Investment Manager, Skandia

Marcus joined the Skandia Private Equity team in 2019 as an Investment Manager focusing on Buyouts and Infrastructure. Prior to this, he spent four years as an Associate Principal in the Private Equity Group at Abu Dhabi Investment Council, a UAE-based sovereign wealth fund. He started his career at Deutsche Bank in London and also spent four years in the PE Secondary Market with Cogent Partners.

Simon Faure Investment Director, M&G Private Fund Investments

Simon joined M&G plc in 2004 and is focused on Private Equity. Simon is a member of the Alternatives Investment Committee. Before joining M&G plc, Simon worked at HBOS plc and AIG Global Investment Ltd and has 22 years’ private equity experience investing in primary, secondary and co-investments globally.

Ingibjörg Meyer-Myklestad Head of Corporate Affairs, Argentum Asset Management Ingibjörg Meyer-Myklestad heads up Argentum’s Corporate Affairs department. Argentum is a leading asset manager that invests in private equity funds in Northern Europe. Ingibjörg has broad experience from investment management and communications with background as an analyst at DNB in Oslo and New York and consultant at Burson-Marsteller. She is also a former journalist.

Joana Rocha Scaff Managing Director and Head of Europe Private Equity, Neuberger Berman

Joana Rocha Scaff is Managing Director of Neuberger Berman, Head of Europe Private Equity and member of the Co-Investment, Private Investment Portfolios and Secondary Investment Committees. Ms. Scaff has over 21 years of financial market experience, the majority in private equity investing and investment banking. Prior to Neuberger Berman, she worked in investment banking covering primarily the telecommunications, media and information services sectors. Ms. Scaff worked with investment banking at Lehman Brothers, and prior at Citigroup Global Markets and Espirito Santo Investment.

3 December | 25+ speakers | Register now

What is 21st century leadership?

Sweden and Britain celebrate centuries of friendship and trade, and our business and political spheres are tightly interlinked as a result of it. At the Swedish-British Summit 2020, we look at our joint future ahead, the challenges, and how we can learn from each other. “Outer Thinking” is about 21st-century leadership, bringing together business leaders, entrepreneurs, politicians and academics from both Sweden and the United Kingdom, to address the greater trends facing us, from tech to climate change, the future workforce or global trade.

Hélène Barnekow CEO, Microsoft Sweden

Håkan Samuelsson President and CEO, Volvo Cars

Fraser Nelson Editor, The Spectator

Lisa Lindström CEO, Doberman

Pippa Malmgren Founder, H Robotics, and former US Presidential Advisor

Humam Sakhnini President, King

Josh Hardie Deputy Director General, CBI

Viveka Hirdman-Ryrberg Head of Corporate Communication & Sustainability, Investor AB

Susanna Campbell Non-executive Director for Kinnevik AB

Learn more and register at scc.org.uk Sponsors

Design Partner

In partnership with

Save the date | 4 March 2021 Discussing the year ahead for Nordic cross-border M&A and financing, and brings together stakeholders from across the industry, from banks, asset managers, private equity and advisory firms, from both the City and the Nordics.

BY BUSINESS, FOR BUSINESS The Swedish Chamber of Commerce is one of the leading foreign Chambers in the UK and the largest Swedish Chamber abroad. Tasked with inspiring, promoting and extending commercial and industrial relations between the UK and Sweden, we are founded by business – for business and offer a range of services to help both Swedish and British businesses establish, grow, develop and connect.

ESTABLISH

GROW

The Chamber assists businesses setting up in the UK and Sweden by providing market intelligence, support and access to the collective knowledge of our members.

We facilitate growth by setting up business co-labs, establishing connections and by providing mentorships and training programmes for growth and investor readiness.

DEVELOP

CONNECT

In collaboration with the member companies and peers from the Chamber’s extended network, we offer training programmes for personal and professional development. Together with our forums, seminars and roundtables, they form an invaluable knowledge asset for the members.

We offer plenty of networking opportunities through our 60+ events per year, the Member Directory and through matchmaking and member introductions. As a member, you are also invited to host, sponsor or speak at our events.

Want to discuss what a membership could do for you?

Get in touch: Sofia Larsen at larsen@scc.org.uk