About Carnegie

Carnegie is a leading independent Nordic investment bank.

Altor acquired Carnegie in May 2009 from the National Debt Office of Sweden with an aim to re-establish its leading positions in the Nordic markets.

Founded in 1803, Carnegie is headquartered in Stockholm with offices across the Nordic region, as well as in London, New York and Luxembourg. The Company has market leading positions in equities research and brokerage, corporate finance advisory, asset management and private wealth management. Assets under management amounted to SEK 134 billion and the number of employees was approximately 800 as at 31 December 2008.

Altor’s strategic agenda is to clarify the group operating structure and increase focus on cost control; to strengthen governance and compliance functions and implement a new incentive system ensuring rational risk taking behavior; and to build a uniformly strong Nordic franchise in fee and commission driven businesses by strengthening Carnegie in selected areas.