Wallenberg Investments (WIAB) was established in 2021 by the Wallenberg Foundations to assume responsibility for the long‑term management and development of the Foundations’ assets. WIAB is also responsible for grant administration, as well as the administration and finances of the Wallenberg Foundations. WIAB’s largest asset is the wholly owned holding company FAM, founded in 2007.
In recent years, continued efforts have been made to enhance efficiency and simplify the asset‑management structure with the aim of establishing a sustainable long‑term framework and ownership governance model for the Foundations’ assets. The next step in this simplification is now being taken by consolidating the responsibility for capital management and ownership governance within WIAB. As a result, FAM’s operations will be integrated into those of WIAB. This will create a clear and unified decision‑making structure and enable more effective use of expertise, collectively forming a robust platform for long‑term ownership and continued development of the Foundations’ assets.
The investment approach for the various asset classes will be clarified through management of the assets within five investment units (Industrials, Real Assets, Venture Capital, Funds, and Special Investments). Each investment unit will have a Head of Investments, a dedicated investment team, and an investment committee to support investment decisions.
Dick Lundqvist will remain CEO of WIAB. FAM’s CEO, Håkan Buskhe, will become Deputy CEO. Dick will assume primary responsibility for implementing the new structure, while Håkan will focus fully on working with and developing the industrial and real‑asset holdings as Chair of the investment committees for Industrials and Real Assets, as well as Head of Special Investments. In addition, Håkan plays a central role within Wallenberg Investments as Chair of IPCO and has been proposed as Chair of both Stora Enso and SKF Automotive (which is planned to be listed on Nasdaq Stockholm in the fourth quarter of 2026). The Wallenberg Foundations support the new structure for the management of the Foundations’ assets and endorse its implementation.
“We are now taking the next step in developing our ownership governance and capital management for the future. Over several years, we have taken gradual steps to build a more unified and professional structure around the Wallenberg Foundations’ capital management and ownership governance. As the assets grow and the portfolio becomes more complex, it is a natural next step to consolidate Wallenberg Investments and FAM into a single platform. This strengthens our decision‑making, our risk and capital allocation, and our ability to attract and develop the expertise required to create value across generations. At its core, this is about safeguarding the tradition of continuous renewal — to ensure stable and growing resources for Swedish research and education over the long term,” says Marcus Wallenberg, Chair of Wallenberg Investments.
For inquiries, please contact:
Ebba Eckerdal, Communication Associate
Email: [email protected]
Phone: +46 70 042 91 49