Over the Water Capital

Managing partners Jens Hansson and Thor Birkmand jointly run investment decisions, sourcing deals, structuring transactions, and taking board seats post-close. The firm does not list separate investment committee members, consistent with a principal-investor model where the partners authorize commitments from their own balance sheet.

OTW Capital deploys capital directly from its own balance sheet rather than raising external blind-pool funds. The firm describes itself as a strategic advisor and private equity investor that puts time and money into portfolio companies in exchange for ownership, without the fund-cycle pressure imposed by limited-partner commitments.

The firm spans buyouts, management buy-ins, growth equity, and early-stage rounds including seed and startup investments. It targets small and mid-sized Scandinavian companies and has publicly confirmed positions in a SaaS communications business, a functional-drinks brand, and a workforce-mobility startup.

The firm's posture on follow-on capital is not explicitly stated, but its permanent-capital structure and board-level engagement suggest it can support portfolio companies across multiple funding stages. The team's prior experience includes managing private equity investments through to exit and leading add-on acquisitions.

OTW Capital takes an operator-heavy approach, with its managing partners and team members holding or advising on board seats and engaging directly in strategy, sales, and post-merger integration. The firm self-reports hands-on experience across c-suite management, go-to-market execution, manufacturing, and R&D.