Assets at Investor, the investment vehicle of Sweden's Wallenberg family, dropped for the third consecutive quarter in the first three months of this year, despite a Skr21bn (â¬2.2bn) haul from the sale of its stakes in the Nordic stock exchange OMX and truckmaker Scania.
The company has begun a plan to use the proceeds from its stake sales to increase its core holdings, taking advantage of depressed markets, and also plans to increase its private equity programme, which accounts for about 11% of assets and is run by subsidiary Investor Growth Capital and the Nordic buyout firm EQT.
