Foundation Asset Management
AB is a
Swedish
Swedish or ' may refer to:
Anything from or related to Sweden, a country in Northern Europe. Or, specifically:
* Swedish language, a North Germanic language spoken primarily in Sweden and Finland
** Swedish alphabet, the official alphabet used by ...
foundation asset management company, founded by the three largest Wallenberg
foundations
Foundation may refer to:
* Foundation (nonprofit), a type of charitable organization
** Foundation (United States law), a type of charitable organization in the U.S.
** Private foundation, a charitable organization that, while serving a good cause ...
in order to manage the
assets of the foundations, by means of direct ownership as well as through management and
consultancy agreements. The
administration of all the foundations and the
donations of all the Wallenberg foundations is handled through a
subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...
. The Wallenberg foundations is an informal collective name for the twenty different foundations founded by the members of the
Wallenberg family.
The largest Wallenberg foundations in order of
net worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net ...
:
*''
The Knut and Alice Wallenberg Foundation'', founded 1917.
*''
The Marianne and Marcus Wallenberg Foundation'', founded 1963.
*''
The Marcus and Amalia Wallenberg Foundation'', founded 1960.
Largest holdings at 31 December 2013
*
Alfa Laval
Alfa Laval AB is a Sweden, Swedish corporation, company, founded in 1883 by Gustaf de Laval and :sv:Oscar Lamm, Oscar Lamm. The company, which started in providing centrifugal separation solutions for dairy (see Separator (milk)), now deals in th ...
– heat exchanger company (6.0% stake, 6.0% voting rights)
*
Bergvik Skog
Bergvik is a locality situated in Söderhamn Municipality, Gävleborg County, Sweden with 834 inhabitants in 2010.
Sports
The following sports clubs are located in Bergvik:
* IFK Bergvik
IFK Bergvik is a Swedish football club located in Bergv ...
– forest company (12.5% stake, 12.5% voting rights)
*
Höganäs – metal powders company (50.0% stake, 50.0% voting rights)
*
Investor – investment company (23.3% stake, 50.0% voting rights)
*
Saab –
aviation and military technology (8.7% stake, 7.7% voting rights)
*
SAS
SAS or Sas may refer to:
Arts, entertainment, and media
* ''SAS'' (novel series), a French book series by Gérard de Villiers
* ''Shimmer and Shine'', an American animated children's television series
* Southern All Stars, a Japanese rock ba ...
– airline and hotel company (7.6% stake, 7.6% voting rights)
*
SEB – banking (1.5% stake, 0.8% voting rights)
*
SKF –
bearing company (12.9% stake, 29.5% voting rights)
*
Stora Enso –
pulp and paper manufacturer (10.2% stake, 27.2% voting rights)
References
External links
Official site
Companies related to the Wallenberg family
Foundations based in Sweden
{{Sweden-org-stub