Olof Faxander has joined the advisor to the Nordic Capital Funds as Operating Partner and will co-head the Operations team alongside Lars Terney, Partner, NC Advisory A/S.
Faxander has substantial industrial experience, most recently as CEO of a large listed Swedish company, Sandvik. His experience and skills will enable him to play a key role in supporting Nordic Capital’s portfolio companies to build strong and internationally competitive positions. Faxander’s primary objectives will be to support an accelerated value creation in existing portfolio companies, assist in evaluating new investment opportunities, and support the on-boarding of new portfolio companies that typically enter an intensive development phase.
“There are few leaders in his generation with the international and industrial leadership experience of Olof Faxander. We are delighted to have him as part of our team to strengthen the focus on operational excellence. He will play a key role in Nordic Capital’s continuous efforts to support portfolio companies to become more competitive and successful”, says Joakim Karlsson, Managing Partner, NC Advisory AB, advisor to the Nordic Capital Funds.
“This is a new role for me and I really look forward to taking a new perspective. In every industry, companies constantly need to adapt to changing business conditions, technological development and new demands from customers and consumers. I look forward to working with Nordic Capital to support active and committed ownership that creates companies that deliver long term success”, says Faxander.