- Advertisement -
- Advertisement -

Related

Hidden Success Factors of Board Performance

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – On January 14, activist investor Accendo Capital hosted a lunch discussion entitled “Hidden Success Factors of Board Performance.” As an engaged owner in a concentrated portfolio of Nordic companies, Accendo performs a lot of work behind the scenes, away from the public eye.

Senior Partner Mark Shay explained in his introductory remarks, “We aim to create value together with other like-minded investors by investing in promising companies and trying to get our heads around what their problems are and how we can deal with them in a constructive way.” According to Shay, who manages the Accendo fund alongside founder Henri Österlund and Kai Tavakka, “Many smaller companies and perhaps even larger ones face difficulties that management teams and board members have a hard time admitting to.” Accendo seeks to create value in such companies by “raising and addressing the difficult questions others may be too hesitant to tackle.”

The introduction by Mark Shay was followed by a panel discussion moderated by Elise Auer, Director of Investor Relations at Accendo, with the panellists featuring Marie Corell from executive search firm Corell Partners, Christoffer Häggblom, co-founder of investment firm Rite Ventures, Torbjörn Sandberg, CEO of Impact Coatings, and Henri Österlund. The panel discussion covered some of the topics below:

  • Diversity of ideas in board rooms is critical to success, and diversity of board members should be considered across many dimensions;
  • Non-cash incentives, soft benefits, and recruiting mid-career candidates should be considered for boards in small-cap listed companies, which face competitive pressure in compensation from larger companies and private equity firms;
  • Engagement between meetings and the pragmatic treatment of board versus management responsibilities are both important for board performance;
  • Finding the right people, whether through own networks or paid search firms, requires thinking broadly and particularly attracting international talent can be a challenge.

HedgeNordic had the pleasure to attend the event hosted by Accendo, which saw active participation from the audience in discussing the topics of the day.

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Active Decisions in Passive Wrappers: Othania on ETF Innovation

Founded in early 2016 by brothers Vincent Dilling-Larsen and Christian Mørup-Larsen, Danish fund boutique Othania built its foundation on a proprietary risk model, “Tiger,”...

Rettig Appoints Crescit Manager to Oversee Hedge Fund Strategies

Simon Borgefors has joined Finnish family-owned investment company Rettig as Investment Director for hedge fund strategies in Stockholm, leaving Swedish hedge fund boutique Crescit...

€5m Ticket to Nordic High Yield From German Family Office

A German family office plans an initial €5 million commitment to a UCITS‑compliant Nordic high‑yield fund, with capacity to scale over time. According to...

From Beef to Bitcoin: August’s Wild CTA Ride

In August 2025, the CTA sub-index of the Nordic Hedge Index edged lower after two positive months, reflecting mixed performance among managers. Strong gains...

Lauri Ehanti to Leave Aalto University Endowment After 14 Years

Lauri Ehanti is leaving Aalto University’s endowment fund after 14 years in various roles, most recently as Head of Investments. His responsibilities will be...

Othania’s All-In-One Fund Celebrates Five Years

Danish fund boutique Othania is celebrating the five-year anniversary of Othania Balanceret Makro, its all-in-one fund blending equity, bond, and alternatives exposure through Exchange...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.