“I am proud of each and every one of our colleagues, and our portfolio companies, for winning this prize. It is great to see that our approach on including externalities as investment opportunities and risks is being recognized for driving returns in our industry,” says Reynir Indahl, Managing Partner and Founder of Summa Equity. Hannah Jacobsen and Alexander Bjørklund represented Summa at the ceremony.
In today’s business environment there is an increasing correlation between positive outcomes for society and business success, and a higher awareness of the correlation between negative outcomes for society and the lack of business resilience.
This is changing the fundamentals of Private Equity. Purpose, stakeholders and creating positive externalities are increasingly fundamental to value creation and future- proofing our companies, and are key to Summa’s approach as owners. We have termed our approach Private Equity 4.0 (as we described in the article published by the Journal of Applied Corporate Finance the spring 2019). Private Equity 4.0 will improve returns and lower risks.
We are proud of the Summa portfolio companies that are all contributing to achieving the SDGs and thereby creating long-term sustainable businesses. Our portfolio SDG KPIs also show strong progress, providing further evidence of the positive correlation between value creation and SDG improvements.
The Private Equity Exchange & Awards is one of the major Pan-European events on Private Equity & Restructuring, and gathers around 1,200 high-profile delegates and is dedicated to all players of these communities: CEOs, Funds, Limited Partners, Banks and specialist advisors.