EQT announces the addition of seasoned group of experts as advisors to its EQT Future fund

EQT announces the addition of seasoned group of experts as advisors to its EQT Future fund

(PRESS RELEASE) STOCKHOLM, 26-Jul-2022 — /EuropaWire/ — EQT, a purpose-driven global investment organization, has announced that its EQT Future fund is adding decades of leadership experience within sustainable business development, governance and public policy with the appointment of four new members as its Impact Advisors as well as a new Mission Board member all coming from organizations such as UNICEF, the Global Impact Investment Steering Group, and TOMRA, a Norwegian multinational corporation with mission to transform how we all obtain, use and reuse the planet’s resources to enable a world without waste.

EQT Future’s Mission Board is strengthened with Henrietta Fore, former Executive Director of UNICEF; and the individuals joining as Impact Advisors are; Laurie Spengler, Founder & CEO of Courageous Capital Advisor; Nicola Kimm, Chief Sustainability Officer and board member of HeidelbergCement; Stefan Ranstrand is the Former President & CEO of TOMRA; and Valerie Mosley, board member of Eaton Vance’s family of mutual funds.

EQT Future’s Mission Board is a close sparring partner to its advisory team, providing external competence, credibility and objectivity to the fund’s strategic direction while setting the bar high for its commitment to drive positive impact. In joining the Mission Board, Henrietta brings further expertise to an already stellar group of high-caliber business executives that includes Paul Polman, former CEO of Unilever; Jacob Wallenberg, Chairperson of Investor AB; Ho Ching, recently retired CEO of Temasek; Naina Lal Kidwai, former Country Head of HSBC India; and Svein Tore Holsether, President and CEO of Yara International. Hedda Pahlson-Moller, Co-founder and CEO of TIIME.org, is Impact Director for the Mission Board, responsible for its coordination and the development of the EQT Future fund’s impact objectives.

The Impact Advisors will actively participate in EQT Future’s investment process from sourcing and due diligence, to value creation, and exit, holding the fund’s advisory team to account in respect to impact execution and measurement. The advisors will join the boards of EQT Future’s portfolio companies to ensure ongoing discourse between the management and board, and help drive progress in line with the fund’s ESG KPIs.

• Henrietta Fore served as the 7th global Executive Director of UNICEF, between 2018-2022. She is a member of the Global Preparedness Monitoring Board, the Center for Strategic and International Studies. Henrietta has a long track record in public policy and has served in five United States Presidential appointments in USAID, State, Treasury and the United States Mint.
• Laurie Spengler is the Founder & CEO of Courageous Capital Advisors, through which she has been a leading ambassador for gender smart investing, and she is also the former CEO of Enclude Capital UK Limited and Central European Advisory Group. Laurie is a Global Ambassador for the Global Impact Investment Steering Group, established under the auspices of theG8.
• Nicola Kimm is the Chief Sustainability Officer and board member of HeidelbergCement. She is the former Global Head of Sustainability & Environment, Health & Safety at Signify and the former Global Head of Sustainability, Environment, Health & Safety at Philips Lighting. Nicola also serves on EQT AB’s board of directors.
• Stefan Ranstrand is the Former President & CEO of TOMRA. He is a board member of Belimo and served on the board of the Alliance to end Plastic Waste between 2019-2021. Furthermore, Stefan is the former Head of High Voltage Products/SVP at ABB and in 2018 he was named “The Best CEO in the Sustainable Resource Management Industry” by The European CEO Awards.
• Valerie Mosley, serves on numerous boards, including Eaton Vance, Dynex, Progress Investment Management Company, New York State’s Common Retirement Pension Fund Investment Advisory Committee, and the UAW Retiree Medical Benefits Trust’s Investment Risk Advisory Committee. Valerie is a former SVP and Partner at Wellington Management Company, a USD 900bn global money management firm.

Anders Misund, Partner and Head of EQT Future’s Advisory Team, said, “We are honored to welcome such a seasoned group of experts to serve as advisors to EQT Future. We are all united in a shared passion and mission to make a positive impact. The combination of their unique experiences and long track records within impact and development are an added strength to EQT Future and its portfolio companies.”

About

About EQT Future
EQT Future invests in down-side protected, mature market leaders with high profitability and cash generation, while seeking to achieve impact through the products and services the companies deliver. EQT Future sets highly ambitious, objective, and measurable targets on how the business is operated, linking parts of carried interest to such targets, aligning financial interests. By applying its impact toolbox, including rigorous management and measurement tools and the use of Impact Advisors and Mission Board, EQT Future builds on sustainability expertise by adding next level impact thinking.

More info: www.eqtgroup.com/private-capital/eqt-future

Media contact:

EQT Press Office
EQT Group
press@eqtpartners.com
tel:+46850655334

International Media Contact
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SOURCE: EQT AB