Private company

Foundation Asset Management AB

Swedish AMC

Foundation Asset Management AB (FAM AB) is a Swedish asset management company, founded by the three largest Wallenberg foundations in order to manage their assets, by means of direct ownership as well as through management and consultancy agreements. It is chaired by Marcus Wallenberg who also chairs Wallenberg Investments AB, which is the holding company that directly owns FAM AB. These foundations and their donations are administered and handled through a subsidiary.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

  • HeadquartersStockholm1
  • Legal formaktiebolag1
  • LEI549300N3VC8BOUK8FX413
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressBox 16066, 103 22 Stockholm, Sweden3
  • Registered withSwedish Companies Registration Office, 556740-02463

Foundation Asset Management AB (FAM AB) is a Swedish asset management company, founded by the three largest Wallenberg foundations in order to manage their assets, by means of direct ownership as well as through management and consultancy agreements. It is chaired by Marcus Wallenberg who also chairs Wallenberg Investments AB, which is the holding company that directly owns FAM AB.2

Corporate structure

Foundation Asset Management AB is part of a group headed by Wallenberg Investments AB. 23 entities, 8 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Wallenberg Investments AB Stockholm, Sweden
    • Foundation Asset Management AB Stockholm, Sweden
      • Aktiebolaget Näckström Stockholm, Sweden
      • Höganäs AB Subsidiary · Höganäs, Sweden
        • HOGANAS BELGIUM Subsidiary · Höganäs, Sweden
        • Hoganas Sweden AB (Höganäs Sweden AB) Subsidiary · Höganäs, Sweden
      • Stora Enso Stake · 10.2% · Helsinki, Finland
        • Efora Subsidiary
        • Stora Enso Timber Subsidiary
        • Celulosa Y Energia Punta Pereira S.A. Subsidiary · Montevideo, Uruguay
        • Honkalahti Sawmill Subsidiary · Lappeenranta, Finland
        • Stora Enso (Germany) Subsidiary · Germany
        • Stora Enso (Sweden) Subsidiary · Sweden
        • Stora Enso Latvija Subsidiary · Latvia
        • Stora Enso Wood Products GmbH Subsidiary · Brand, Austria
        • Stora Enso Wood Products Planá Subsidiary · Czechia
        • Stora Enso Wood Products Ždírec Subsidiary · Czechia
      • FAM Invest AB Subsidiary · Stockholm, Sweden
    • IPCO International AB Sandviken, Sweden
    • IPCO Treasury AB Sandviken, Sweden
    • Kopparfors Fastigheter AB Falun, Sweden
    • Blasieholmen 54 Kommanditbolag Subsidiary · Stockholm, Sweden
    • Nineteen Private Capital AB Subsidiary · Stockholm, Sweden

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Foundation Asset Management AB reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

Subsidiaries and ownership

Parent company

Owners

  • Knut and Alice Wallenberg Foundation
  • Marcus and Amalia Wallenberg Foundation
  • Marianne and Marcus Wallenberg Foundation

Also owns

Subsidiaries (GLEIF)

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. 2020Acquired Acquired by Wallenberg Investments AB1
  2. Oct 15, 2007Founded Foundation Asset Management AB is founded3

Sources

The numbers on this page point here. Each one links to the record it came from.

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