Cevian Capital II GP Limited
Last Updated: 12/3/2020
Cevian Capital II GP Limited is a Limited Company that started in 2006 and is primarily owned and controlled by Messrs. Christer Gardell and Lars Forberg.
The investment objective of the Funds is to seek to create capital appreciation. The Domestic Fund and the Offshore Fund seek to achieve their investment objective by investing substantially all of their assets in the Master Fund. The Funds seek to achieve their investment objective principally by (i) investing in undervalued publicly listed companies; and (ii) adding value to the companies in which they invest by effecting change.
Cevian Capital II GP Limited operates out of an office in St. Helier, Jersey. Based on the Form ADV filed on 2020-03-13 00:00:00, the investment firm is comprised of 51 employees, only 31 of whom performs investment advisory functions.
Fact Sheet
- Name: Cevian Capital II GP Limited
- CRD No: 140659
- Filing Recorded: 2020-03-13 00:00:00
- Year of Origin: 2006
- Employees: 51
- Clients: 8
- AUM: 13,500,021,273
- Management Fee: 1 to 2 Percent
- Performance Fee: 18 to 22 Percent
- Client Type: Pooled Investment Vehicles
- Assets Traded: Unspecified
Contact
- Website: https://www.ceviancapital.com/
- Email: [email protected]
- Telephone: 44 1534 828513
- Address: 4 Bond Street, St. Helier Jersey JE4 5QR
Investment Strategy
According to the brochure submitted to IAPD, Cevian Capitals investment strategy is as follows:
The investment objective of the Funds is to seek to create capital appreciation. The Domestic Fund and the Offshore Fund seek to achieve their investment objective by investing all of their investable assets in the Master Fund. The Funds seek to achieve their investment objective principally by (i) investing in undervalued publicly listed companies; and (ii) adding value to the companies in which they invest by effecting change.
The Funds expect to assume substantial minority ownership positions in a limited number of companies. The core area of the investments is expected to be the Nordic Region and Northern Europe.
The Funds principally invest in equity and equity-related securities, but may invest in other assets, including, but not limited to, debt securities and derivatives. The Funds may use leverage in connection with their activities.
Methods of Analysis
In addition, Cevian Capitals methods of analysis include:
Generally, the Funds' targets are companies that are overlooked or misunderstood by the market (e.g., due to a lack of research coverage or an unwieldy corporate structure). Typical investment targets are companies with significant potential for value enhancement through restructuring activities or fundamentally sound companies hampered by sub-optimal or outdated business plans. In many instances, this means pursuing value situations in sectors or companies that are out of favor. Companies in transition or that have the potential to benefit from significant change are typically attractive investment candidates for the Funds.
Top 10 Holdings from Form 13F
Reporting Period: 09/30/2020
| Issuer | Share | Value(1000s) | Put/Call |
|---|---|---|---|
| AUTOLIV INC | 5,908,838 | 430,636 | |
| VEONEER INC | 8,023,649 | 117,948 |
Historical 13F Filings
EdgeGiant has compiled all 13F filings since Q2 2013 for your convenience. You can view historical portfolio position forCevian Capital II GP Limitedin our 13F section HERE.
To get the comprehensive list of holdings that fall under 13F regulatory guidelines, check out our write up on how to access and use 13Fs in your personal investment decisions.