Fagerberg & Dellby

Fagerberg & Dellby

Fagerberg & Dellby was founded in Stockholm, Sweden, by its namesake principals Christina Fagerberg and Ulrika Dellby, alongside Kristina Kjellman. The firm pursued buyout, growth and early-stage investments, operating in a structure where the partners directly managed a concentrated portfolio of private companies. The firm's strategy spanned buyout, growth and early-stage startup investing across multiple cycles. It did not publicly disclose its portfolio beyond stating that all holdings have now been sold. The firm's website records a realized annual net cash IRR to investors of nearly 20% over its life, a figure that reflects the full exit of every portfolio company under management. Fagerberg & Dellby maintained its base in Stockholm. The firm is now in formal wind-down, having liquidated its entire portfolio. The firm's structural differentiator is its terminal nature. Fagerberg & Dellby chose to cease new investment activity and return all capital, rather than perpetuate a franchise through succession or a sale to a larger platform. This self-liquidation represents an explicit decision to close a successful track record at its peak rather than scale indefinitely.