| Previous Events............................................................ |
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| News from the Director................................................ |
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The future of Private Equity in the Nordic Region
Nordic Unquote reports from the conference...................... |
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Focus
ACS International Schools.............................................. |
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| Job Vacancies............................................................. |
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| Dates for your Diary..................................................... |
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| Membership Offers........................................................ |
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The 7th of June the Joint Nordic event on Nordic Private Equity was launched at the London Stock Exchange.
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London Stock Exchange was a perfect venue for the seminar | The seminar was sold out within a few days of being advertised, indicating the relevance and need for discussing Private Equity – risks and opportunities.
Linn Rønning from Nordic Unquote” reports from the seminar later on in the Red Letter.
The guest speakers included Björn Savén, CEO Industri Kapital, Joachim Høegh-Krohn, CEO Argentum, Waldemar Schmidt, Chairman Superfos A/S and Thrane&Thrane A/S and Marcus Stuttard, Deputy Head of AIM.
To download the presentations from the seminar please click on the links below:
Industri Kapital, Argentum, Waldemar Schmidt, AIM
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Welcome by DUCC Chairman Per Troen |
“Thank you very much for arranging an enjoyable and interesting event” Anna Frick, PricewaterhouseCoopers LLP
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| The theatre at the London Stock Exchange was fully packed | “Thanks for the superb arrangements, a very well arranged event!” Sami Miettinen, Enskilda
“Thank you for the event, it was very interesting to hear about the development of the PE industry” Carl-Fredrik Bredberg, BearingPoint
“Congratulations on hosting such a good event” Linn Rønning, Nordic Unquote”
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Björn Savén, CEO Industri Kapital |
“Thank you for a very interesting and well-organised event last week at the London Stock Exchange” Annica Anderberg, Swedish Chamber of Commerce for the UK
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Joachim Høegh-Krohn, CEO Argentum |
“Many thanks for arranging the seminar on Private Equity. We found it very useful and have been contacted be several people.” Tanaka Pari, Head of M&A Origination – Norway/UK, Mergermarket Group
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Waldemar Schmidt, Chairman Superfos A/S and Thrane&Thrane A/S |
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| Marcus Stuttard, Deputy Head of AIM |
The seminar was followed by a reception with drinks and canapés.
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The evening was kindly sponsored by :
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Following the success of last year’s pre-party, a repeat event was organised to take place at the exclusive Pangaea Nightclub in Mayfair on Friday the 25th of May 2007.
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The Danish-UK Chamber of Commerce hosted the event which was organised in co-operation with the Danish Nightclub NASA for members of DUCC and their friends offering complimentary entry, champagne cocktails and canapé reception.
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More than 100 young professional Danes had thought this an excellent opportunity to have a night out. Judging from the atmosphere and the crowded dance floor people enjoyed the evening to the full.
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Dear Members,
Welcome to the June issue of the DUCC Red Letter.
First, I would like to extend our thanks to all those who passed onto us positive feedback concerning the Nordic Private Equity Seminar, hosted by the DUCC at the London Stock Exchange on the 7th of June. We have been extremely pleased by the attention the event garnered and it is our ambition to make such a joint Nordic event an annual fixture at the LSE, focusing each time on a different area within the financial sector from a Nordic perspective.
On Thursday the 12th of July members will have the opportunity to attend our Grand Summer Cocktail Party, planned to take place, weather permitting, on the terrace of the Royal Danish Embassy. The event will include a delicious Danish summer buffet, prepared for us by MadsenFood, the very successful Danish epicurean entrepreneur, and promises to be the occasion to enjoy good food and drinks amongst the company of fellow DUCC members in tranquil surroundings.
This evening will also be the last opportunity we will have to enjoy the fine company of Ms Signe Krabek, as she soon returns to Copenhagen to complete her studies. Signe has proved to be an invaluable help here at the Chamber and we thank her both for her commitment and hard work and wish her all the best of luck in completing her Masters Degree in Strategic Communication and Management. Our new intern, Micheala Horn Simonsen will step into the breach on the 30th of July 2007.
Nordic Thursday drinks will continue to run over the summer and will take place on the 26th of July and the 30th of August. These evenings will take place on the patio of the Radisson SAS Portman Hotel where canapés will be served accompanied by strawberries and Pimm’s. I hope to see as many of you as possible, as these continue to be a fantastic way to make new business contacts.
I look forward very much to seeing you at one of our future events and in the meantime wish you all a very pleasant and relaxing summer.
Best regards,
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Martin Mortensen
Executive Director
Danish-UK Chamber of Commerce |
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Linn Rønning, Nordic Unquote" | On the June 7, the four Nordic chamber of commerce hosted the “The Future of Private Equity in the Nordic region” at the London Stock Exchange. The event was sponsored by Industri Kapital, Argentum, Danske Bank, Nordea, Danders & More and AIM.
The Danish-UK Chamber of Commerce, the host for the evening, had secured a well respected discussion panel including Björn Savén from Industri Kapital, Joachim Høegh-Kronh from Argentum, Waldemar Schmidt Chairman Superfos and Thrane & Thrane and Marcus Stuttard, Deputy Head of AIM.
“The Private Equity conference at London Stock Exchange was a very good event, and we were happy with the large interest from the attendees that represented all the Nordic countries. We were also pleased to see that there is an apparent increased interest in Private Equity among the public”, says Björn Savén CEO of Industri Kapital.
The Nordic private equity market has been one of the busiest in Europe over the past two years. According to the Swedish Venture Capital Association (SVCA), in 2006 private equity accounted for 11% of Swedish GDP. Argentum, a Norwegian fund-of-funds, reported a doubling of committed capital to buyout funds in the same year. The trends are similar in Denmark and Finland, with the asset class thus is likely to become more important in the time to come.
The Nordic conference was a good outlet to discuss the future direction and the challenges for the Nordic market. The panel pointed out the job creation, improving efficiency of companies, driving innovation and being a value driver on a macro-economic level; are key factors behind the increasing importance of private equity. “London Stock Exchange was a good venue for this conference, underlining the importance of liquidity both for well knowledge-intensive typical seed/venture-investments, and more asset-based organisations” Said Joachim Høegh-Krohn CEO of Argentum. “We also think that engaging in a fact-based debate of Private Equity will contribute to reducing the myths and generalisations the industry now is suffering from. We have therefore started an initiative to build up coherent Nordic statistics in cooperation with the Nordic national venture capital associations and some of our co-investors in the region,” He adds.
London Stock Exchange hosted drinks and canapés for all participants where the future networks were established across the borders allowing further discussion of market opportunities. The event sparked large interest and was sold out in a few days, indicating a stronger interest for private equity in the Nordic region.
About Nordic Unquote"
Nordic Unquote” is a monthly magazine that covers the activity of Nordic private equity supported by its own dedicated website and daily news alert, providing unrivalled, in-depth coverage of the Nordic and European private equity markets. The unquote" family comprises 6 geographic regions delivering comprehensive coverage of all investments, ranging from start-ups and expansion capital deals through to buyouts, refinancings and exits. Linn Margareta Rønning is the editor for Nordic Unquote”, and is based in London. If you have comments or questions please write to: linn.roenning@incisivemedia.com
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From the boardroom to room and board
Submitted on behalf of Fergus Rose, Head of Marketing, ACS International Schools
While the thrill of moving abroad and the prospect of engaging with a new culture are compelling reasons to take an overseas assignment, employees l
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Fergus Rose, Head of Marketing ACS International Schools | ooking to move overseas first have to ensure their loved ones are well looked after and well prepared for life abroad. Over half of all relocating employees travel with their children, and achieving stability, security and consistency for their families makes a big difference to the success of an assignment.
For employees whose roles take them to all corners of the earth, choosing local schools for their children to attend can become an annual or even semi-annual challenge. The boarding school option is one which relocating employees should consider for their families.
A firm foundation
The major advantage of boarding schools is the consistency, not only in terms of education but also socially and emotionally, that they can offer children in what will inevitably be a time of transition. The consistency of placement is a crucial benefit of boarding schools, and can be especially important for children who need stability during an international relocation. Not only will boarding quickly integrate children into their new culture, but also provide continuity if parents find themselves having to relocate again in a few years’ time.
Choices of study
For families relocating abroad, international schools with boarding can be the best option. Not only will they have a much more cosmopolitan atmosphere than traditional boarding schools, but their staff will be .jpg) accustomed to helping children from a variety of cultures adjust to their new home. For globally mobile families, it’s critical to find schools whose academic programmes will stand up anywhere in the world, such as the International Baccalaureate, which is commonly taught at international schools.
The International Baccalaureate Diploma is the most globally recognisable international qualifications was established in 1968 and was originally taught at just seven schools worldwide. This has since expanded to nearly 1500 schools in 123 countries today. The IB Diploma was specifically designed by international school educators to facilitate the movement of students between countries when moving from secondary to university level education. Gut instincts
The hardest decision to make is choosing the boarding school with the right atmosphere for a child. Generally, families will know whether a boarding school is right for their child within minutes of entering the facility. .jpg)
However, it is important for parents to pay particular attention to the facilities the school offers - this is where a child will spend much of their time so it is vital to consider whether it can offer a ‘home from home’. Will students also have space they can call their own, for example? Split-level rooms, like those we offer at ACS, afford students privacy while allowing for the benefits of a room-mate.
When making the transition into boarding life, children also need the support of understanding and caring adults, so student to supervisor ratio is another important consideration. At ACS we ensure there is always a staff member available for students to talk to. Boarders should feel challenged and active during both school and non-school hours, which means looking for a school with the facilities for students to participate in sports, after-schools clubs, and evening and weekend activities.
A quality alternative
Although no school will ever be the same as a conventional ‘home’, boarding schools such as ours work hard to make students feel at home, and make changes such as switching roommates or dealing with cases of homesickness to help the students .jpg) .jpg) adjust as quickly as possible. The very ethos of today’s international school community counters much of the traditional stereotype of the pedantic, often impersonal and intellectually rigid boarding school environment of the past. The more information parents share about their children, the more they are able to understand the child’s likes and dislikes that will help new boarders feel comfortable and happy.
Unlike traditional boarding schools, international schools with their cultural and national diversity give great value to childrens’ natural curiosity, cultural acceptance, and a strong sense of individualism. At ACS we have students of 32 nationalities boarding with us and we undertake many activities to celebrate their respective cultures.
Now is a better time than ever for globally mobile families to recognize the benefits that boarding schools can bring to both the relocating child and the parents’ piece of mind.
About ACS
ACS International Schools were founded in 1967 to serve international and local communities. The schools are non-sectarian and co-educational (day and boarding), enrolling approximately 2,300 students aged 3 to 18 years.
Each school offers a fully international curriculum including the International Baccalaureate. All schools have state-of-the-art facilities and an on-going programme of building investment with impressive grounds. The strong core academic programme and extensive arts, sports and cultural activities support the school’s student-centred philosophy.
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Goodwille Corporate Services
Goodwille provides corporate services to small and medium sized companies
The offer
50% off your first boardroom or meeting room booking.
Read more click here
Miller Rosenfalck
Anglo-Scandinavian law firm in London with an expertise in English, Danish and European business law for UK and overseas based clients.
The Offer
Offers Individual members a free half hour consultation at their offices with regards to legal matters.
Read more click here
Berlingske Tidende
The Danish newspaper Berlingske Tidende is launching a new universe on the internet Berlingske VIP
Read more click here
Radisson SAS Portman Hotel
22 Portman Square
London, W1H 7BG
The Offer
The hotel offers rooms to special discounted rates to DUCC members. The discount range from 25% to 55%. For any specific enquires contact info@ducc.co.uk
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55 Sloane Street, London SW1X 9SR
+44 (0) 207 259 6795
info@ducc.co.uk
For all the UK and Danish Business contacts please click here
For all members of the council please click here |
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