Alder

Every active fund is classified as Article 9 under the EU's Sustainable Finance Disclosure Regulation, which requires each portfolio company to contribute positively to environmental sustainability through its core business. Alder cannot make an investment that lacks a measurable environmental handprint. This screens out broad swaths of the economy and concentrates the portfolio in sectors like emissions control, industrial automation, water treatment and energy efficiency.

Alder Strategic Opportunities Fund I is a continuation vehicle established in 2026 with SEK 2,738 million in fund size. It was seeded with two assets — SI and SMG — that were divested from the fully invested Alder II AB. Continuation vehicles are commonly used to extend a holding period beyond a fund's original term when the GP believes additional time and capital are needed to maximize both financial return and environmental impact.

Alder targets established, profitable technology companies with revenues broadly between EUR 10 million and EUR 75 million. It invests primarily in the Nordics, where its roots are deepest, but has selectively extended into the rest of Europe, as demonstrated by platform acquisitions in Austria (eivis) and Germany (Livitron). The firm always invests as a majority shareholder alongside the existing management or founders.

Alder is led by four equal partners: Henrik Blomé, Dag Broman, Henrik Flygar and Arash Raisse. The partnership model, with no single managing partner or external parent, means investment decisions are made collectively by the four partners, supported by a team of investment directors and managers. The partners have worked together since the firm's founding in 2008.

Alder's disclosed model does not emphasize co-investment clubs or external GP partnerships. The firm invests as a majority owner in its platform companies and executes add-on acquisitions to bolt onto those platforms. Its stated posture is to invest 'together with management and/or the entrepreneur,' rather than alongside competing institutional investors.