The President has appointed a Management Group that has day-to-day responsibility
for different parts of Investor’s business. Each member of the Management Group is responsible for one or several of the business units: Core Investments, Operating Investments, Investor Growth Capital, Active Portfolio Management and Operations
and Legal, Corporate Governance and Compliance.

The Management Group meets once a week to decide and follow up on business activities, current projects and other issues, and to discuss personnel and organizational
issues. In addition to these weekly meetings, the Management Group holds meetings
focused on the company’s strategy and risk assessment four to five times a year.

The Management Group regularly works with specific business transactions. During 2010, it gave particular attention to the consolidation of two new subsidiaries, Aleris and Mölnlycke, and the challenges for the organization contingent on this. It also focused on the transactions in Saab and NASDAQ OMX. Furthermore, it continued to work with value creation plans, add-on investments as well as new investment opportunities. The Management Group has also proactively worked with extending the company’s funding in
order to ensure that the company has financial flexibility. It also evaluated the anticipated impact of new EU Directives on the company and worked to modernize the company’s IT environment. Furthermore, workshops on the company’s ethical guidelines and Whistleblower policy were held during the year. All employees participated to discuss these issues in small groups. The Management Group regularly monitors the organization to ensure that it has the right competencies given the company’s strategy, goals and challenges. As per January 1, 2011, decision has been taken regarding re-organization.

Core Investments

The Core Investments business area  employs investment managers and analysts that are responsible for one or more of the Core Investments. The investment managers and analysts continuously research each holding, the sector to which it belongs and competitors to identify value-creating initiatives and their return potential.

Operating Investments

The work of Operating Investments’ investment managers draws on the expertise of
other relevant areas within the organization on a project-basis. Investor’s investment
managers typically represent the company by participating in the board meetings for its Operating Investment holdings. They also play a leading role in developing these businesses. During 2010, two new operating subsidiaries were acquired: Aleris and Mölnlycke.

Investor Growth Capital

Each office of Investor Growth Capital in Asia, Europe and the United States employs
investment managers that are knowledgeable in their local markets and sectors. Investor Growth Capital is normally represented on the Boards of its holdings by its investment managers. The business flow follows a standardized process for decisionmaking and implementation, documentation, evaluation and follow-up.

EQT

Decisions on capital commitments to EQT’s funds are made by the Board of Investor.

Active Portfolio Management

The Active Portfolio Management department comprises both traders and analysts. Active Portfolio Management is controlled by mandates and limits set by the Board. Activities are supervised and monitored daily by the Risk Control function. During 2010, mandates and limits for Active Portfolio Management were evaluated and adjusted.

Operations

The Operations unit includes the Business Controlling, Group Accounting, Corporate
Communications, IT, Business Information, Human Resources, Risk Control, Tax, Treasury and Securities Administration. Each function’s responsibilities and processes are governed by established policies and instructions. In order to efficiently support business operations, the organizational structure of Operations is modified as needed in order to adapt to changes within each business area. Operations has its own Management Group that meets weekly and consists of representatives from each department.

Legal, Corporate Governance and Compliance

The Legal function is responsible for legal matters within the company. The Corporate Governance unit is engaged in actively handling corporate governance issues as well as in monitoring changes in corporate governance legislation and regulations. Among other things, the new shareholder directive was evaluated and analyzed in 2010. Compliance strives to ensure that the company complies with legislation and contractual conditions as well as counteracting the development, and minimizing the extent, of undesired events and their consequences. Among other things the Compliance function continued its review of the internal regulatory systems in 2010.

Information updated 2011-03-17 14:49:39