# VNV Global

VNV Global is a Private Equity based in Stockholm, Sweden.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Stockholm, Sweden
- **Region:** Europe
- **Address:** Stockholm, Sweden
- **Founded:** 1996
- **Assets under management:** Undisclosed
- **Website:** www.vnv.global
- **LinkedIn:** https://www.linkedin.com/company/vnv-global-ab
- **Wikidata:** Q627577

## Regulatory record

- **Reports private funds:** No

## About

VNV Global is a private equity firm based in Stockholm, Sweden. It focuses on venture capital investments and manages around $600 million in assets. The firm has a team of six, including five investment professionals.

## Sectors

- Mobility & Transportation
- Enterprise Software
- Digital Health
- PropTech
- FinTech
- Marketplaces

## People

- Per Brilioth — CEO
- Björn von Sivers — CFO

## Questions

### How is VNV Global structured as an investment vehicle?

VNV Global is a publicly traded investment company on Nasdaq Stockholm, not a traditional closed-end private equity fund. It invests its own balance sheet into private internet companies, holding direct equity stakes rather than operating as a fund-of-funds or making LP commitments. This permanent-capital structure means the firm faces no forced liquidation timelines and reports net asset value to public shareholders quarterly.

### Who runs investment decisions at VNV Global?

CEO Per Brilioth leads investment decisions alongside a publicly appointed board of directors. As a listed entity, the investment committee operates under Swedish corporate governance standards, with material portfolio decisions disclosed to the market. The firm maintains a small Stockholm-based team and does not operate a distributed partnership model.

### What is VNV Global's largest portfolio holding?

Bolt, the Estonian ride-hailing, micromobility, and food-delivery platform, is the firm's most significant disclosed position by net asset value. VNV Global holds a substantial minority stake and has publicly discussed Bolt's path toward a potential public listing. The firm periodically marks this holding to fair value in its quarterly NAV statements.

### What sectors does VNV Global explicitly avoid?

The firm has no publicly stated exclusion policy, but its portfolio pattern shows avoidance of deep-tech hardware, biotech, and enterprise SaaS categories requiring long R&D cycles. VNV Global concentrates on asset-light internet platforms with network effects — mobility, marketplaces, digital health, and classifieds — and historically stays away from capital-intensive industrial technologies.

### Does VNV Global participate in fund commitments or only direct deals?

VNV Global invests directly into operating companies and does not operate as a fund-of-funds. The firm takes direct equity positions on its balance sheet and has not publicly disclosed making LP commitments to external venture capital or private equity funds. This direct-only posture concentrates due-diligence resources on a small number of high-conviction names.

## Related profiles

- [VNT Management](https://altss.com/profile/vnt-management)
- [VO2 Partners](https://altss.com/profile/vo2-partners)

---

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

Canonical page: https://altss.com/profile/vnv-global

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