# SEB Private Banking

SEB Private Banking is a Bank / Wealth / Trust based in Stockholm, Sweden.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Stockholm, Sweden
- **Region:** Europe
- **Address:** Stockholm, Sweden
- **Founded:** 1856
- **Assets under management:** $80B – $120B in AuM for the Private Banking division (Altss estimate)
- **Website:** seb.se
- **LinkedIn:** https://linkedin.com/company/seb

## Regulatory record

- **Reports private funds:** No

## About

SEB is a Nordic financial services group founded in 1972 and based in Stockholm, Sweden. It operates as a standalone entity following the April 27, 2022, acquisition of SEB Private Banking by Ringkjobing Landbobank.

## Sectors

- Industrial Tech
- Real Estate
- Private Credit
- Hedge Funds
- Private Equity
- Infrastructure

## Offices

- Luxembourg
- Singapore
- London
- Helsinki
- Oslo
- Copenhagen

## People

- Johan Torgeby — President and CEO, SEB Group
- William Paus — Head of Private Wealth Management & Family Office Services

## Questions

### Who runs investment decisions at SEB Private Banking?

Day-to-day portfolio construction and manager selection are executed by the investment-office teams reporting through William Paus, head of Private Wealth Management & Family Office Services. The unit operates under SEB Group CEO Johan Torgeby, with ultimate governance from the board of Skandinaviska Enskilda Banken AB. The Wallenberg family's holding company, Investor AB, exerts voting influence at board level but does not direct individual investment decisions.

### How does SEB Private Banking source proprietary deal flow?

Most proprietary sourcing flows through the division's institutional relationships and the Wallenberg network. SEB's private banking clients gain access to pre-IPO allocations, co-investment rounds, and fund vehicles circulated within the bank's institutional capital-markets desks. The Family Office Services unit, formalized in June 2023, now actively curates direct-deal opportunities for large single-family clients out of Luxembourg and Stockholm.

### What investment stages does SEB Private Banking typically target?

The alternatives menu covers buyout, growth equity, venture, infrastructure, and private credit stages. The bank sources mainly mid-market and large-cap managers in Europe and North America, with a particular tilt toward Nordic GPs like EQT, Altor, and Nordic Capital. Stage exposure is driven by client portfolio construction rather than a house view mandate.

## Related profiles

- [SEB Pension Fund](https://altss.com/profile/seb-pension-fund)
- [SEBRAE](https://altss.com/profile/sebrae)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/seb-private-banking

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology