Bertrand Camus joins Summa Equity

Stockholm, 22 September 2022: Summa Equity (“Summa”, www.summaequity.com) welcomes Bertrand Camus, the former CEO of French multinational utility company SUEZ, as a thematic partner.

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At Summa, Camus will be a member of the Resource Efficiency team, working to identify investment opportunities, develop strategies, and support portfolio companies. Camus will primarily focus on the circularity, waste, and water sectors, drawing on his lengthy career at SUEZ, where his final role was group chief executive officer. The Resource Efficiency strategy’s five subthemes—circularity and waste, green mobility, healthy low-carbon diets, sustainable industry, and net-zero energy—will receive strong backing from Camus in light of his experience.

On joining Summa, new partner Bertrand Camus, said:

“For my next challenge I wanted to work with like-minded people on solving the biggest problems and I found that in Summa. I was so impressed by the Summa thesis and dedication to addressing critical challenges and I look forward to helping businesses develop and innovate whilst responding to major planetary issues and future-proofing the world.”

Camus started his career in the early 1990s at BNP Paribas before joining SUEZ in 1994, where he worked until 2022. Over an almost 30-year stint at the company, Camus held numerous senior leadership roles including: chief operating officer of Aguas Argentinas; chief executive officer of Suez North America; chief executive officer of SUEZ Water France; and finally, group chief executive officer. Camus holds a Master of Science in Civil Engineering degree from the Ecole Nationale des Ponts et Chaussées in Paris.

Welcoming Camus to Summa, founder and managing partner Reynir Indahl, said:

“Our strategy of investing in line with UN Sustainable Development Goals requires first-rate people and Bertrand is a prime example of the Summa type: a remarkable business figure, with incredible experience, and a passion for making lasting change. On the Resource Efficiency team Bertrand will play a central role on circularity, waste, and water, and expanding Summa’s work in those areas.”

In January this year, Summa announced its third fund – a USD 2.4 billion impact fund, which is to be invested in companies which solve the biggest challenges the world is facing. Summa invests in line with the United Nations’ Sustainable Development Goals (“UN SDGs”) and the new fund has invested in, among others, Norway-based Tibber, a smart energy company that is active in several European markets.

Summa announced the opening of a Palo Alto office in August 2022, its fourth office after Stockholm, Oslo, and Munich.

To date, Summa has made 23 investments that advance the UN SDGs. Summa is committed to pushing the limits on quantifying positive impact through its collaboration with the Impact Weighted Accounts (IWA) project at Harvard Business School. Summa is a certified B Corporation.

About Summa Equity

Summa invests in companies that are solving global challenges and creating positive Environmental, Social, and Governance (ESG) outcomes for society.

Summa’s purpose is to co-create win-win for investors, portfolio companies, and society through aligning its vision and outcomes to the Sustainable Development Goals, ensuring a net-positive impact against ESG challenges, and the potential for long-term, sustainable outperformance.

Investments are focused on industries and companies that have tailwinds from megatrends within three sustainability themes: Resource Efficiency, Changing Demographics, and Tech-Enabled Transformation. Across these themes, Summa’s portfolio companies are supporting a world in transition and showing that business can be part of the solution. Summa Equity has c. EUR 4 billion assets under management. For more information: www.summaequity.com

For interviews or more information, please contact:

Hannah Gunvor Jacobsen, COO and Head of IR at Summa Equity
+47 936 41 960 | hannah.jacobsen@summaequity.com

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