Building a family office: Purpose, investments and beyond - 14 Nov 2024
Family offices and family investment companies are emerging as major actors in both public and private markets, and as investors in entrepreneurial companies and impact ventures. Many important industries and sectors, including the financial sector, are experiencing change due to the rapid growth of the family office sector.
As more entrepreneurs and business families opt to sell all or part of their legacy businesses or otherwise experience a significant liquidity event, they are faced with challenges related to their newfound wealth. The creation of a new organization involves building a new organization around a defined purpose and determining strategies for investing and impact.
The panelists shared their knowledge from their various experiences with family offices and family investment companies and took questions from the audience.
The panel was organized by the Center for Family Enterprise at SSE House of Innovation and moderated by Professor Mattias Nordqvist, SSE, and Stina Norrhede, Head of Professional Family Office, Sweden at SEB.
Panelists
- Carl-Mikael Bergendahl Mylonopoulos, Owner and Board Member, Bergendahls (4th generation). Bergendahls, founded in 1922, recently sold its main holding and legacy business - City Gross. They currently own e.g. Eko, Glitter and Granit.
- Olof Cato, CEO Formica Capital. Formica, founded in 2018, by the Olsson Eriksson family (Stena) is a family owned investment company with a long-term perspective on investments in profitable and growing Nordic businesses with a clear purpose.
- Camille Korschun, Researcher and PhD Candidate, Center for Family Enterprise, HOI, SSE. Camille’s research focuses on the process of creating a family office or family investment company after a significant liquidity event. She is particularly interested in how entrepreneurs and families find and define purpose when forming a new organization.