Cevian Capital is a Swedish investment firm founded in 1996 by Christer Gardell and Lars Förberg, both of whom serve as managing partners.
[citation needed] 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.
[2] Also holding the title co-founder and managing partner is Lars Förberg, who also graduated from the Stockholm School of Economics.
It does not short stocks, use leverage, write open letters, or engage in proxy fights, and it believes in long-term investments.
"[2] Gardell has also stated that he and his colleagues need "to know the people, have networks, have a corporate governance tradition we're comfortable with" in order to make an investment.