20th October 2021: Summa Equity, which invests in companies that are solving global challenges and creating positive Environmental, Social, and Governance (ESG) outcomes for society, has made three new hires at partner level.
Christoph Waer joins as a partner, focusing on the Changing Demographics theme, targeting companies in the healthcare and life sciences sectors. Based in Belgium, his role will involve generating and sourcing new opportunities, and serving as a partner for portfolio companies. Before joining Summa, Waer managed the life science activities for Korys, a leading European family office with a “three P” investment strategy (People, Planet, Profit), where he was instrumental in the set-up of the OMX Europe Venture Fund.
Tim He joins as a partner within the Tech-Enabled Transformation theme, focusing on Summa’s growth investment strategy. Based in Stockholm, his role will be focused on new idea generation, assessing and executing new investments, and working with founders and CEOs on value creation and developing companies for the next stage of their journey. He joins Summa from Kinnevik, where he was Investment Director and played a leading role in rebuilding its successful Nordic portfolio. Prior to Kinnevik, he was Principal at Northzone and also brings hands-on operational experience from Groupon.
Matthias Fink will join in November as a partner to lead Summa’s work in DACH (Germany, Switzerland, and Austria), spanning sourcing, value creation, and portfolio management across investment themes with a focus on Resource Efficiency and Tech Enabled Transformation. He will lead on the expansion of Summa’s Munich office, building on the company’s first investment in Germany earlier this year. Fink was previously a Partner at The Riverside Company, prior to which he was a consultant at Boston Consulting Group.
“Our strategy of aligning investments to global challenges and the UN Sustainable Development Goals have led us to do investments globally within our core thematic areas. Expanding our team with passionate Summates adds to our thematic expertise and our expanding footprint to ensure we can create an even greater win-win for investors, portfolio companies, and society in the years to come,” says Reynir Indahl, Managing Partner, Summa Equity.
Since its launch in 2016, Summa Equity has launched two funds, and now has €1.6bn assets under management. In 2021 alone, the company has made five new investments and five exits and IPOs.
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 within three sustainability megatrends: 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 has more than €1.6bn of assets under management.