Nineteen Private Capital is owned by the three largest Wallenberg Foundations through Wallenberg Investments AB.
The assets of the Wallenberg Foundations are managed through engaged ownership, a tradition that has existed with the Wallenberg family since the founding of Stockholms Enskilda Bank in 1856. The assets of the Foundations are primarily managed on a long-term basis through direct or indirect holdings in companies with world-leading market positions. The largest assets of the Wallenberg Foundations are the partly-owned industrial holding company Investor AB, listed on the Stockholm Stock Exchange, and the wholly-owned holding company FAM AB.
The largest Wallenberg Foundations are the Knut and Alice Wallenberg Foundation, the Marianne and Marcus Wallenberg Foundation, and the Marcus and Amalia Wallenberg Foundation. To ensure professional management of their assets, including administration and finances, the Foundations have assigned this task to the wholly-owned company Wallenberg Investments AB.
Wallenberg Investments AB is responsible for managing the capital of holdings and their corporate governance on both a short-term and long-term basis.
The Wallenberg Ecosystem
For almost 170 years, the Wallenberg family has worked in a long-term and committed manner in the service of enterprise and research in Sweden and internationally. Today, members of the fifth generation are leading the family’s activities with a growing commitment from the sixth.
What is commonly referred to as “the Wallenberg ecosystem” includes 16 non-profit foundations – the Wallenberg Foundations, the public industrial holding company Investor AB and the private holding companies Wallenberg Investments AB, FAM AB, Navigare Ventures AB, Nineteen Private Capital AB, and their respective holdings. Dividends from holdings are utilized for research and education grants that strengthen Sweden over time.
Visit Wallenberg.com View a video about The Wallenberg Ecosystem
Ecosystem
Ownership
