Summa
Investing to solve global challenges
Summa Equity
Summa Equity was created to solve global challenges
Summa Equity is a purpose-driven, thematic investment firm, considering the world's uncertainties as opportunities.
Our founder, Reynir Indahl, a successful investor with a robust portfolio, was shaken in the aftermath of the 2008 financial crisis. Like many, he had not seen it coming and was eager to understand the root causes of the crisis.
I delved into the financial system and read extensively about issues like climate change and inequality. I was caused to question whether I was truly making a positive difference in the world. Looking in the mirror I realized I was part of the problem, not the solution.
Determined to change his ways, Reynir began working with philanthropic projects alongside the Princely family of Liechtenstein. In 2015, he drafted a concept note outlining the vision for what would become Summa Equity. Since its inception, Summa Equity has been a purpose-driven, thematic investment firm. Defined by an ambitious and compassionate team that has come together to invest in companies that address some of our global challenges.
We focus on companies in industries supported by megatrends within three themes: Resource Efficiency, Changing Demographics, and Tech-Enabled Transformation. Our investments across the three themes have the potential for long-term sustainable outperformance because they address some of the social, environmental, and business challenges we need to solve as a society.
At a glance
Sector
Private Equity
AUM
c. SEK 40 bn
Established
2016
Investments
30
Market position
Mid Cap
Strategy
Thematic
Funds
3
Employees
~70
Funds
Summa Equity Fund I
Summa Equity Fund I (“Fund I”) held its final close in 2017 and is a Nordic focused buyout fund. The fund closed with commitments of SEK 4.7 bn, exceeding the …
Vintage
Fund size
Current investments
Exited investments
Summa Equity Fund II
Summa Equity Fund II (“Fund II”) held its final close in 2019 and is a Nordic focused buyout fund. Fund II closed at a hard cap with investor commitments of …
Vintage
Fund size
Current investments
Exited investments
Summa Equity Fund III
Summa Equity Fund III (“Fund III”) has a vintage of 2022 and has a mandate to invest in Nordics and Northern Europe as a buyout and growth Article 9 fund. The …
Vintage
Fund size
Current investments
Exited investments
Summa Foundation
The main purpose of the Summa Foundation is to promote prosperous societies and ecology.
The purpose of the Foundation will be fulfilled, directly or …
Vintage
Donations deployed
Main partnerships
Initiatives/organizations supported
Fund structure
Summa Equity has three live funds, Summa Equity Fund I, Summa Equity Fund II, and Summa Equity Fund III, established and domiciled in Sweden. The fund vehicles and their manager are regulated by, and under the supervision of, the Swedish Financial Supervising Authority (SFSA).
The fund manager (Summa Equity) will act as manager in accordance with the Swedish Alternative Investment Fund Managers Directive (2013:561), the Swedish implementation of the Alternative Investment Fund Managers Directive (2011/61/EU).
The Summa Equity funds acts through its manager and typically invest through special purpose vehicles (SPVs), see simplified chart over a Summa fund structure. Summa Equity is responsible for all investment and divestment decisions.
The Summa Equity advisory entities established in Norway, Germany and the US are operated independently and acts as sub-advisors providing non-binding advice and recommendations to the manager.