Founded in 2002, Cevian Capital is an esteemed international investment management firm established by Christer Gardell and Lars Forberg. Specializing in acquiring substantial ownership stakes in European public companies, the firm focuses on enhancing long-term value through active ownership. In 2006, Cevian Capital launched its flagship fund, Cevian Capital II.
Mr. Christer Gardell is a co-founder of Cevian Capital, established in 2002. Before his tenure at Cevian, he held pivotal roles in prominent firms. He served as the Chief Executive Officer of Custos from 1996 to 2001 and was a Partner at Nordic Capital before that. During his tenure at McKinsey & Co. from 1984 to 1995, Mr. Gardell ascended to the position of Partner. With a wealth of experience, Mr. Gardell has chaired 5 companies, acted as vice chairman of 1 company, and served as a director of 13 companies. Additionally, he has contributed to the nomination committee of 4 companies. Mr. Gardell holds a degree in Economics and Business Administration from the Stockholm School of Economics, with additional studies completed at the London Business School.
Mr. Lars Förberg is a co-founder and Managing Partner at Cevian Capital. With extensive experience, he has held positions on the boards of listed companies spanning various industries and jurisdictions, including Switzerland, the UK, Sweden, Denmark, and Norway. Before co-founding Cevian in 2002, Mr. Förberg served as the Chief Investment Officer of Custos AB and worked as an Investment Manager at Nordic Capital. He earned an M.Sc. in Economics and Business Administration from the Stockholm School of Economics, supplemented by studies at the University of Michigan.
Cevian Capital oversees assets worth $14,037,413,372 for 4 clients as of March 2024. Their Q4 2023 13F filing disclosed $3,999,131,191 in managed securities, with a top 10 holdings concentration of 100%. The fund's largest holding is CRH Plc, with 28,225,389 shares held.