AltoCumulus
Asset management and family office part of the group Axel Johnson Group
Stockholm asset management and family office arm of the Axel Johnson Group; invests globally through selected external managers in equities, private equity, fixed income and hedge funds.
USEFUL FOR Fund managers raising capital
Family & background
- FAMILY
- Axel Johnson (Ax:son Johnson) family
- WEALTH ORIGIN
- Axel Johnson Group, Swedish family business founded in 1873
- HEADQUARTERS
- Stockholm, Sweden
- FOUNDED
- 2000
Investment approach
- SECTORS
- Climate & Energy
- GEOGRAPHY
- Global
- ROUTES
- Funds (as LP)
- STRATEGIES
- Funds (as LP)Public equitiesPrivate equityHedge fundsImpact
Overview
AltoCumulus is the asset management and family office part of the Axel Johnson Group, the Swedish family business founded in 1873 and owned by Antonia Ax:son Johnson. It invests globally in a concentrated portfolio of external investment teams; the site reports exposure of about 50% public equities, 25% private equity, 15% fixed income and 10% hedge funds. It integrates sustainability analysis into every investment decision and has about 23 employees at Rehnsgatan 11 in Stockholm.
Investment thesis
Invests globally in a concentrated, high-conviction portfolio of leading investment teams in equities, private equity and fixed income, taking a long-term view and integrating sustainability and ESG research into traditional financial analysis.
People
- Mattias KarlkjellCEO & CIO · source
- Lars HagerudCo-CIO & Head of Alternative Investments · source
- Helena HernanderCo-Head of Private Equity Investments & Head of Family Office Services · source
- Corinne StrömCo-Head of Private Equity Investments · source
- Pontus von EssenHead of Equity Investments · source
- Sofie BeijerHead of Fixed Income Investments · source
- Carl OrnsteinPrivate Equity Investments & Head of Sustainability · source
- Veronica OlsénInvestment Manager / Family Office Manager · source
- Madeleine GustafssonCOO · source
- Sofia Rask SemmerforsCFO / Family Office Manager · source
- Ludvig JarlRisk Manager · source
Classification
Single Family Office. Manages one family's own capital, with no outside investors. The family bears every loss. How family capital is classified →
FAQ
AltoCumulus is a single family office based in Stockholm, Sweden, founded in 2000.
AltoCumulus invests on behalf of the Axel Johnson (Ax:son Johnson) family family (Axel Johnson Group, Swedish family business founded in 1873).
AltoCumulus invests in third-party funds as an LP. Its stated asset mix includes funds (as lp), public equities, private equity, hedge funds and impact.
AltoCumulus invests in Climate & Energy.
Key people at AltoCumulus include Mattias Karlkjell (CEO & CIO), Lars Hagerud (Co-CIO & Head of Alternative Investments), Madeleine Gustafsson (COO) and Sofia Rask Semmerfors (CFO / Family Office Manager).