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Silverfleet appoints co-head of Nordic region

Silverfleet Capital has appointed Karl Eidem as co-head of the Nordic region.

Eidem will work closely with Gareth Whiley, partner, who currently heads the region to further develop the firm’s capabilities and help to build on Silverfleet’s track record in Scandinavia, where the firm has made three investments and achieved one exit since 2013.
 
Eidem joins Silverfleet from Swedish national pension fund AP6, where he was an investment director overseeing the development of an international investment programme through mid to large cap private equity firms and co-investments. Prior to that, he was a senior principal at Doughty Hanson in Stockholm and London, responsible for origination of Nordic investments. Previously he was a partner at Nordic investment bank ABG Sundal Collier and an investment banking director in the Nordic and Industrial team at Lehman Brothers International. 
 
Eidem began his career as a management consultant with Accenture in Stockholm.
 
Neil MacDougall, managing partner at Silverfleet Capital, says: “We are delighted to welcome Karl to Silverfleet. He brings valuable experience to our team and will play an important role as we continue to build up our presence in the Nordic Region.” 
 
Eidem says: “I have admired Silverfleet’s success in executing its buy-to-build investment strategy for many years and am excited to be joining the firm. I look forward to working with Gareth and the team to build on the firm’s first class reputation in the Nordic region.” 
 
Since 2004, 23 per cent of Silverfleet’s new investments by capital have been in companies with headquarters in the Nordic region. In 2016 Silverfleet sold Cimbria, a Danish-headquartered manufacturer of equipment and processing lines for seed and grain, to AGCO Corporation for approximately EUR310 million. Existing Nordic investments include Copenhagen-headquartered Phase One, the leading provider of open-platform, high-end camera systems and solutions, and Masai, a Danish womenswear clothing brand.

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