Industrivärden's operations are conducted at the offices in Stockholm, Sweden. The company has a professional and cost-efficient organization that is characterized by high flexibility and short decision-making channels. Operations involve approximately 15 employees, eight board members and an extensive network. Internal work is project-oriented, and most employees are involved in both the evaluation of shareholdings and active ownership processes.
Professional and successful asset management requires competent and committed employees as well as an attractive and dynamic workplace. Major emphasis is therefore put on the recruiting process, competence development and a good company culture. Industrivärden’s ethical values and ambitions as an employer are set out in the Company’s Code of Conduct, which addresses areas such as the work environment, diversity and business ethics. The employees’ total compensation shall be competitive and in line with the going rate in the market.
The Executive Management is responsible for the Company’s day-to-day administration, which includes strategic, organizational and finance matters as well as control and follow-up, among other things. Members of the Executive Management participate actively in evaluation of the Company’s shareholdings as well as in the active ownership and can provide specialist expertise. Certain members of the Executive Management also serve on the nominating committees and boards of portfolio companies.
Investment and analysis organization
The investment and analysis organization is organized into company teams. Each team is led by a team manager, and employees are normally active on two to three teams.
The company teams are responsible for the continuous monitoring of their respective portfolio companies, updating Industrivärden’s owner agendas for exercising active ownership and for conducting specific investigative projects related to strategic issues in the portfolio companies. They also make recommendations for transactions in the portfolio companies as well as for alternative investments and entire divestments.
Decisions on equity transactions within the continuing administration are made by the CEO, where applicable after consideration by the Company’s Investment Committee. The Company’s Investment Committee is made up of the members of the Executive Management, and representatives of the investment and analysis organization participate when needed. The committee conducts continuous follow-up of investment decisions and sets Industrivärden’s owner agendas for the exercise of active ownership in the portfolio companies.
Equity market function
Industrivärden’s equity market function executes investment decisions and supports the organization with market and macro information.
In support of Industrivärden's operations, and to meet the requirements of a market listing, there are also necessary support functions in business administration, finance, IT, legal and communication.
All employees have continuous appraisals with their immediate superiors. This dialog aims to assess the past year, set up individual targets and to determine relevant development measures.
As part of its endeavor to recruit and retain talented employees, Industrivärden strives to offer its employees a compensation package that is in line with the going rate in the market, consisting of base salary, a variable salary component, incentive programs and pension benefits.