Cevian Capital

Cevian Capital is a Swedish investment firm founded in 1996 by Christer Gardell and Lars Förberg, both of whom serve as managing partners. Backed by Carl Icahn, it is the largest activist investment firm in Europe. It has offices in Stockholm, Zurich, and London. Formerly called Amaranth, Cevian has invested in such companies as ABB, Danske Bank, ThyssenKrupp, Volvo , G4S, TeliaSonera, and Lindex, and played a major role in the sale of Skandia to Old Mutual. Founding Christer Gardell is co-founder and managing partner. Born in 1960, he graduated in business from Wallenbergs' Stockholm School of Economics in 1984. After working as a management consultant at McKinsey & Company, he was CEO of AB Custos from 1996 to 2001. Also holding the title co-founder and managing partner is Lars Förberg. Förberg also graduated from the Stockholm School of Economics. He worked with Gardell at AB Custos from 1997 to 2001 as Chief Investment Officer. Förberg is based in Zurich.