YLD

The firm's website names CEO and Partner Willem De Geer as the public face of the investment team, working alongside partners Viktor Mandel, Jonathan Willén, Andrea Ryott and Emmeli Höglund. YLD has not disclosed a formal investment committee, but its copy emphasizes a flat, entrepreneurial structure where the partners — all former operators — make decisions using their own capital.

It is neither in the conventional sense. YLD is a private asset manager that deploys partner capital with no external LP base and no fixed investment horizon, which technically functions like a permanent-capital family office for a group of entrepreneurial co-investors. However, its public-facing posture and partnership structure more closely resemble an operator-led investment firm than a traditional SFO.

YLD does both. Its website lists a series of 'strategic partnerships' with external VC and PE firms, including Pi Labs, Crescent Point, and Pentathlon Ventures, and states that it explicitly pursues look-back investment rights and co-investment opportunities within those relationships. It also writes direct equity checks as a lead investor in its core real estate and PropTech holdings.

In addition to its core Real Estate and PropTech holdings, YLD's disclosed minority positions span Indian food commerce (FreshToHome), cybersecurity (CyAmast, Threatspan), digital assets (Virtune), industrial tech (Freemelt), digital pharmacy (Apotea), and several financial-services businesses. The firm also holds listed equities and a gold-mining position in Chaarat Gold, which trades on the London Stock Exchange.

YLD's controlling and lead investments are heavily concentrated in Sweden and the broader Nordic region — Flowpass, Arvet, Bodil — while its minority investment and partnership network extends to India, Southeast Asia, China, and the UK. Its partnership with Crescent Point provides direct exposure to China- and Southeast Asia-focused private equity.

The firm operates as an active, engaged lead investor in its core Real Estate and PropTech platform companies, and states that it 'initiates, supports and is an active owner' of businesses across its target sectors. For minority positions and LP commitments, YLD seeks structured co-investment rights and follow-on capacity, which it negotiates upfront with external GPs.

No. YLD states only that its capital is the partners' own money and that the founders were entrepreneurs before starting the firm. No founding-family wealth origin or underlying operating-company exit has been publicly disclosed.