S
Skandia
Corporate · Founded 1855 · Stockholms kommun, Sweden
Who Skandia is.
- Historical Background
- Skandia was established in 1855 as a mutual life insurance company. The company demutualized in 1994, listing on the stock exchange, and was later acquired by Old Mutual in 2006. A consortium of Swedish institutional investors bought Skandia back from Old Mutual in 2012, returning it to its mutual structure under Skandia Liv.
- Source of Capital
- Skandia's capital is primarily derived from insurance premiums and returns on its investments. As a mutual life insurance company, its assets are managed on behalf of its policyholders.
- Major Events
- In 2012, Skandia Liv acquired Skandia AB from the British insurer Old Mutual, which had owned the company since 2006. Following the acquisition, the company was restructured to focus on its Swedish and Nordic operations, and it returned to a mutual ownership structure.
- Allocation Strategy
- Skandia allocates capital across a diversified portfolio that includes equities, fixed income, and alternative investments. The company invests in private equity funds, with a focus on the Nordic and European buyout markets. Skandia also makes direct investments into real estate and infrastructure projects.
The funds Skandia backs.
Skandia is a limited partner in 22 funds. 2 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
How Skandia’s fund book is spread.
The 22 funds Skandia backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- Europe 1673%
- North America 627%
United Kingdom 6 · United States 6 · Sweden 5 · France 2
How established those managers are
Managers grouped by how many funds they have raised — across the 19 of 22 with a fund history on record.
The companies Skandia backs directly.
Skandia holds 3 companies directly, separate from the funds it commits to as a limited partner.
Plus 1 holding with no logo on record.
Other LPs.
Other corporate and insurance LPs in the Power Law LP ranking, closest to Skandia by combined power-law score — Europe first, then the nearest worldwide.