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Auður Capital
Auður Capital was a financial service company, founded in 2007 by two Icelandic businesswomen, with the aim of incorporating feminine values into finance. Halla Tómasdóttir Halla Tómasdóttir (born 11 October 1968) is an Icelandic business person and public speaker. She is a former member of the founding team of Reykjavík University in 1998. Halla also co-founded Auður Capital, an investment firm. Halla announc ... was Auður's executive chairman and Kristín Pétursdóttir was the company CEO. The company offered wealth management, private equity advice and corporate advice. It attempted to correct what it perceived as a historic lack of balance and diversity in the financial sector. The founders blamed the 2007 financial downturn on high-risk behavior, short-term orientation and a narrow definition of results which had driven the financial sector for the past years. Auður succeeded in preserving the funds of its clients when the Icelandic banks collapsed in October 200 ...
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Financial Service
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-financial s ...
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Iceland
Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its surrounding areas) is home to over 65% of the population. Iceland is the biggest part of the Mid-Atlantic Ridge that rises above sea level, and its central volcanic plateau is erupting almost constantly. The interior consists of a plateau characterised by sand and lava fields, mountains, and glaciers, and many glacial rivers flow to the sea through the lowlands. Iceland is warmed by the Gulf Stream and has a temperate climate, despite a high latitude just outside the Arctic Circle. Its high latitude and marine influence keep summers chilly, and most of its islands have a polar climate. According to the ancient manuscript , the settlement of Iceland began in 874 AD when the Norwegian chieftain Ingólfr Arnarson became the first p ...
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Halla Tómasdóttir
Halla Tómasdóttir (born 11 October 1968) is an Icelandic business person and public speaker. She is a former member of the founding team of Reykjavík University in 1998. Halla also co-founded Auður Capital, an investment firm. Halla announced her candidature for the presidency of Iceland on 17 March 2016. She got 27.9% of the vote, the second highest share after that of the winner, Guðni Th. Jóhannesson, who got 39.1%. In August 2018, Halla became CEO of The B Team The B Team is a global nonprofit initiative co-founded by Sir Richard Branson and Jochen Zeitz. It advocates for business practices that are more centered on humanity and the climate. History In 2013, a group of leaders came together following ..., a collective of global business and civil society leaders working to catalyze better business practices for the wellbeing of people and the planet. References External links * * Living people 1968 births Halla Tomasdottir Halla Tomasdottir Women ...
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Private Equity Fund
A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity. Private equity funds are typically limited partnerships with a fixed term of 10 years (often with annual extensions). At inception, institutional investors make an unfunded commitment to the limited partnership, which is then drawn over the term of the fund. From the investors' point of view, funds can be traditional (where all the investors invest with equal terms) or asymmetric (where different investors have different terms).Metrick, Andrew, and Ayako Yasuda. "The economics of private equity funds."Review of Financial Studies (2010): hhq020. A private equity fund is raised and managed by investment professionals of a specific private-equity firm (the general partner and investment advisor). Typically, a single private-equity firm wil ...
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Björk
Björk Guðmundsdóttir ( , ; born 21 November 1965), known mononymously as Björk, is an Icelandic singer, songwriter, composer, record producer, and actress. Noted for her distinct three-octave vocal range and eccentric persona, she has developed an eclectic musical style over her four-decade career that has drawn on electronic, pop, experimental, trip hop, classical, and avant-garde music. Born and raised in Reykjavík, Björk began her music career at the age of 11 and gained international recognition as the lead singer of the alternative rock band the Sugarcubes, by the age of 21. After the band's breakup in 1992, Björk embarked on a solo career, coming to prominence with albums such as ''Debut'' (1993), ''Post'' (1995), and ''Homogenic'' (1997), while collaborating with a range of artists and exploring a variety of multimedia projects. Her other albums include ''Vespertine'' (2001), ''Medúlla'' (2004), '' Volta'' (2007), '' Biophilia'' (2011), ''Vulnicura'' (2015), ...
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