place_of_birth erik penser
Asset management , broadly defined , refers to any system that monitors and maintains things ___MASK59___ value to an entity or group . It may apply to both tangible assets such as buildings and to intangible assets such as human capital , intellectual property , and goodwill and financial assets . Asset management is a systematic process ___MASK59___ deploying , operating , maintaining , upgrading , and disposing ___MASK59___ assets cost - effectively . Finance is a field that deals with the study ___MASK59___ investments . It includes the dynamics ___MASK59___ assets and liabilities over time under conditions ___MASK59___ different degrees ___MASK59___ uncertainty and risk . Finance can also be defined as the science ___MASK59___ money management . Finance aims to price assets based on their risk level and their expected rate ___MASK59___ return . Finance can be broken into three different sub - categories : public finance , corporate finance and personal finance . An investment bank is typically a private company that provides various financial - related and other services to individuals , corporations , and governments such as raising financial capital by underwriting or acting as the client ' s agent in the issuance ___MASK59___ securities . An investment bank may also assist companies involved in mergers and acquisitions ( M & A ) and provide ancillary services such as market making , trading ___MASK59___ derivatives and equity securities , and FICC services ( fixed income instruments , currencies , and commodities ). ___MASK79___ , officially the Kingdom ___MASK59___ ___MASK79___ ( Swedish : ), is a Scandinavian country in Northern Europe . It borders Norway to the west and Finland to the east , and is connected to Denmark in the southwest by a bridge - tunnel across the Öresund . At , ___MASK79___ is the third - largest country in the European Union by area , with a total population ___MASK59___ 10 . 0 million . ___MASK79___ consequently has a low population density ___MASK59___ , with the highest concentration in the southern half ___MASK59___ the country . Approximately 85 % ___MASK59___ the population lives in urban areas . ___MASK68___ is a town and the seat ___MASK59___ ___MASK68___ Municipality , Skåne County , Sweden with 17 , 748 inhabitants in 2010 . In finance , private equity is a type ___MASK59___ equity ( finance ) and one ___MASK59___ the asset classes consisting ___MASK59___ equity securities and debt in operating companies that are not publicly traded on a stock exchange . A leveraged buyout ( LBO ) is a financial transaction in which a company is purchased with a combination ___MASK59___ equity and debt , such that the company ' s cash flow is the collateral used to secure and repay the borrowed money . The use ___MASK59___ debt , which has a lower cost ___MASK59___ capital than equity , serves to reduce the overall cost ___MASK59___ financing the acquisition . This reduced cost ___MASK59___ financing allows greater gains to accrue to the equity , and , as a result , the debt serves as a lever to increase the returns to the equity . A financier is a person who makes their living from investments , typically involving large sums ___MASK59___ money and usually involving private equity and venture capital , mergers and acquisitions , leveraged buyouts , corporate finance , investment banking , or large - scale asset management . The term is French , and derives from " finance " or " payment ". ___MASK67___ , sometimes referred to as " ___MASK6___ County " in English , is the southernmost county or " län ", of Sweden , basically corresponding to the traditional province Skåne . It borders the counties of Halland , Kronoberg and Blekinge . The seat of residence for the Skåne Governor is the town of Malmö . The headquarters of Skåne Regional Council is the town of Kristianstad . Mergers and acquisitions ( M & A ) are transactions in which the ownership ___MASK59___ companies , other business organizations or their operating units are transferred or combined . As an aspect ___MASK59___ strategic management , M & A can allow enterprises to grow , shrink , change the nature ___MASK59___ their business or competitive position . Nils Wilhelm Erik Penser ( born August 22 , 1942 , in ___MASK68___ , Skåne ) is a Swedish financier and businessman . After having studied law at Lund University , Erik Penser commenced a career as a stockbroker at Bankirfirman Langenskiöld , which later became Carnegie Investment Bank . Together with Thomas Fischer he worked intensively to develop the firm ' s business , laying the foundation for his private wealth . Penser ' s strategy was risky ; he bought shares , used them as collateral and borrowed even more money to leverage his holdings . Eventually he gained the controlling interest ___MASK59___ several large companies on the Stockholm Stock Exchange . During the 1980s Penser was one ___MASK59___ Sweden ' s most influential businessmen . Through his holding company , Yggdrasil , he controlled both Nobel Industrier and Finans AB Gamlestaden . His massive financial leverage and the harsh business environment experienced during the Swedish banking crisis in 1990 - 1994 forced Penser to cease control ___MASK59___ his holdings , which were sold to Nordbanken ( which became Nordea ) for the symbolic sum ___MASK59___ SEK 1 each . At a press conference Björn Wahlström , the chairman ___MASK59___ Nordbanken , said that Erik Penser was ' destitute and finished as a businessman ' . The transaction resulted in a prolonged legal dispute between Penser and Nordbanken . In 1992 Penser regained control ___MASK59___ Yggdrasil , the consideration was once again SEK 1 . The vice Chairman ___MASK59___ Nordbanken , Jacob Palmstierna , admitted that Penser had been under extreme pressure when he was forced to sign the agreement with Nordbanken . Since then Penser has rebuilt an estimated net worth ___MASK59___ SEK 1 billion , with interests in both Sweden and abroad . In Sweden , his main holdings includes Erik Penser Bankaktiebolag , with activities in corporate finance , trading , research and private wealth management and Pensum , an insurance and pension advisory firm . Erik Penser resides , since 1976 , in Compton Beauchamp , England . Erik Penser is known as a distinguished collector , collecting - amongst many objects - old share certificates , film posters , magazines and bank notes . ___MASK27___ (" Eslövs kommun ") is one ___MASK59___ 290 municipalities ___MASK59___ Sweden , situated in Skåne County in southern Sweden . Its seat is located in the city ___MASK59___ Eslöv . Venture capital ( VC ) is a type ___MASK59___ private equity , a form ___MASK59___ financing that is provided by firms or funds to small , early - stage , emerging firms that are deemed to have high growth potential , or which have demonstrated high growth ( in terms ___MASK59___ number ___MASK59___ employees , annual revenue , or both ). Venture capital firms or funds invest in these early - stage companies in exchange for equity  an ownership stake  in the companies they invest in . Venture capitalists take on the risk ___MASK59___ financing risky start - ups in the hopes that some ___MASK59___ the firms they support will become successful . The start - ups are usually based on an innovative technology or business model and they are usually from the high technology industries , such as information technology ( IT ), social media or biotechnology .