Short model
- Hannah Jacobsen (32) purchased a village in Gimle in Oslo for NOK 55 million.
- Jacobsen has had an surprising profession at funding fund Summa Equity, which focuses on investments within the setting and the round economic system.
Sea view
According to what VG learns, Jacobsen was the client when the villa in Gimle in Oslo was bought for NOK 55 million in March of this yr.
The home has a usable space of 260 sq. meters unfold over three flooring, with an space of 645 sq. meters.
Photo: Hallgeir Vågenes / VG
The salesman in accordance with Finansavisen The founding father of Neptune is Jon Strand, who is alleged to have spent some huge cash on growing the location.
Gimle is named one of the costly neighborhoods in Norway.
– Only billionaires reside on this space and might afford to purchase right here, mentioned dealer Odd Kalsnes An on-line newspaper in 2019.
Jacobsen just isn’t a billionaire, however come on, he’s.
The 32-year-old girl is unknown in Norway, however she is among the few girls who’ve labored outdoors the enterprise in a male-dominated and underfunded trade; funding fund.
As the founder, accomplice and deputy managing director (COO) of Summa Equity has Jacobsen 58 billion kroner below administration.
Summa is a fund to amass property inside the setting and the round economic system: They are a number one world fund with sustainability and ESG (setting, social duty and company governance) as a key funding technique.
What is a procuring bag?
A buyout fund, typically known as a personal fairness fund, is a kind of funding fund that raises cash for buyers to purchase, personal and later promote. The purpose is to earn a living by enhancing the standard of the businesses and promoting them at a revenue.
How does a procuring bag work?
A buyout fund works by amassing cash from totally different buyers, which could be something from rich people to massive establishments comparable to pension funds. This cash is then used to purchase all or a part of firms that the fund believes can develop and create important worth. After just a few years, often between 4 and seven years, the fund tries to promote these firms at a revenue.
Who invests in shares?
Investors in buyout funds can differ broadly, however usually embody pension funds, insurance coverage firms, foundations, college endowments, and rich people. These buyers usually search greater returns than they will get from extra conventional investments comparable to shares and bonds.
What does Summa Equity do?
Summa Equity is a personal fairness fund that invests in firms that contribute to options to environmental and social challenges. They use sustainability and ESG (setting, social duty and company governance) as their funding technique. This fund goals to earn a living in a method that doesn’t hurt the earth or the local weather.
This article was created utilizing AI instruments from OpenAI, and high quality licensed by VG journalists.
Jacobsen studied on the Norwegian School of Economics and visited Swedbank Corporate Finance earlier than turning into Summa Equity’s first worker on the age of 24.
He has moved via the ranks from funding affiliate to funding director, head of investor relations and now deputy director and accomplice.
Today, he oversees Summa’s authorized, finance, funding administration, communications and enterprise improvement groups.
Jacobsen doesn’t wish to focus on with VG in regards to the buy of the NOK 55 million home.
But he has spoken earlier than about his concepts and targets.
– We are correcting the weaknesses of capitalism, he instructed Finansavisen in 2022 in regards to the acquisition of NOK 23 billion for the biggest European sustainability fund.
He identified which you can earn a living with out harming the earth and the local weather.
– We put money into firms that we imagine have a job in fixing the challenges the world is dealing with, as a result of we imagine within the enterprise sense that these could have greater development and the next future worth than different firms that aren’t a part of the answer, he mentioned. to E24 in 2020.
Essential to greenwashing
Regarding the NOK 4 billion sale of Swedish waste firm Sortera, the inexperienced alerts have been clear:
– Sortera’s development historical past reveals that Summa Equity’s funding philosophy of serving to to resolve social issues, and utilizing sustainability ideas as an funding methodology, is efficient and could be an trade customary, Jacobsen mentioned. E24.
He has been important of the truth that many firms are being cleaned up with none actual intention of constructing a inexperienced transfer.
Back in 2019, he was listed in Kapital’s Top 40 new stars below 40 in Norwegian enterprise.
Direct vendor
With the next issues:
“With his dedication, he convincingly demonstrates that sustainability and finance could be properly built-in.”
The suspect is 32 years previous he’s the chairman of twelve main firms, together with Stim AS, Summa Circular Holdco AS, Norsk Gjenvinning Norge AS and Spaceship Investco AS.
Also a member of the board, amongst others, Holdbart AS.
In the tax estimate, he’s listed with an revenue of NOK 3.1 million in 2021 and NOK 2.2 million in 2022.
The property to be paid are estimated at 9 million NOK.
Today, Summa Equity has 80 staff unfold throughout workplaces in Oslo, Stockholm and Munich.