Last week, the Altor-owned independent asset manager Carneo announced that one of its affiliates, Carnegie Fonder, was buying another one of its affiliates, OPM. Thus, around SEK 4bn went under a different brand name, but this move didn't contribute to Carneo's ambitions of doubling its asset under management, currently at SEK 253bn (EUR 24.7bn).

The ambitious plans were temporarily halted by the Covid-19 pandemic, but remain intact, Carneo's CEO, Christoffer Folkebo, tells Swedish news site Realtid.se.