Karlsson: Ratos as the Anti-Fund — Hold Seventeen Years If Needed

"Arne Karlsson is keen to emphasize that Ratos has its own model for dealing with unlisted companies. They retain the companies for a longer time, the oldest holding has been kept for seventeen years, and have never put any company into bankruptcy."

"Ratos does not use the same reward model as other venture capital companies, but they have salary, bonus, and buy options in the companies they invest in. Karlsson’s Ratos is definitely more aggressive than the old one, he has replaced virtually all staff, but he takes less risk than other venture capitalists."

"– We distance ourselves from pure private equity, they are too financially oriented. Ratos has had an average annual return of 25 percent since the transformation. If we had borrowed more, it could have been higher, but with increased leverage you also increase the risk, he says."