Concentric Team

Concentric Team was founded by Kjartan Rist, who previously served as a Partner at FSN Capital, a leading Nordic private equity firm. At FSN Capital, he led multiple technology investments and sat on the boards of portfolio companies across Europe. His experience deploying growth capital in enterprise software and tech-enabled services shaped Concentric Team's concentrated investment strategy.

The firm operates a deal-by-deal partnership model, raising capital from institutional co-investors for each transaction rather than managing a commingled blind-pool fund. This structure typically targets significant minority positions in growth-stage European technology companies. The approach allows for tailored capital solutions but caps deployment capacity at what the core team can diligence and execute.

Concentric Team targets European technology sectors including enterprise software, fintech, and digital infrastructure. Its geographic focus centers on Northern Europe and the United Kingdom. The firm's investment thesis emphasizes helping management teams scale internationally, building on the GP's operational experience in the Nordic and broader European tech ecosystems.

Concentric Team raises capital on a deal-by-deal basis from institutional limited partners who co-invest alongside the firm. This differs from a traditional fund structure where LPs commit to a blind pool without advance knowledge of specific assets. The model means the firm only draws capital when a transaction is ready to close, giving LPs granular visibility into each investment.

As a General Partner at FSN Capital, Kjartan Rist was responsible for technology investments and served on boards of portfolio companies across Northern Europe. His deal experience includes enterprise software buyouts and growth investments where he worked closely with management teams on international expansion. Specific realized exits from that period have been disclosed through FSN Capital's own communications but are not separately aggregated by Concentric Team.