Cevian Capital II GP LTD
Cevian Capital II GP Limited is a leading international investment firm headquartered in St Helier, Jersey. Founded in 2006, it principally manages Cevian Capital II, Europe's largest dedicated activist hedge fund, with offices in Stockholm, Zürich, and London. The firm is privately owned by Christer Gardell and Lars Förberg and employs approximately 60 people. Cevian focuses on acquiring significant minority shareholdings in European public companies to enhance their long-term value through proactive engagement and active ownership. Its client base primarily consists of pension funds, sovereign wealth funds, endowments, foundations, large family offices, and the firm's partners.
Investment Strategy
Cevian Capital II GP Limited pursues an activist investment strategy, acquiring significant minority stakes in publicly listed European companies perceived as undervalued. The firm engages closely with management and boards, promoting operational improvements and enhanced corporate governance to drive sustainable, long-term value creation. Cevian avoids short selling and leverage, preferring long-term investments. Its approach emphasizes deep research, hands-on engagement, and constructive activism, focusing primarily on markets with robust governance and transparency, such as the Nordics, UK, Germany, and Switzerland. Cevian does not use combative tactics or public proxy fights, preferring private negotiations and network-based influence.
Top Holdings
Equity Positions (3)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
U UBS | UBS GROUP AG | 57.40% | $1.63B | 48,117,675 | $31.16 | $33.82 | +$286.1M |
A ALV | AUTOLIV INC | 24.86% | $704.8M | 6,298,508 | $101.50 | $111.90 | +$147.7M |
C CRH | CRH PLC | 17.73% | $502.7M | 5,476,229 | $54.73 | $91.80 | +$21.0M |