Owners/Board
Main Owners
Wood AS The Wood consortium is a group of long term institutional investors who pooled their existing holdings and/or dedicated new capital to Kebony as part of the major commercialisation capitalisation round executed in the spring of 2007. The participants are companies controlled by the Norwegian Dairy Workers Pension Fund and the Brundtland, Dyvi, Gleichmann, Hoegh and Svartdal families. The Wood consortium has the benefit of an extensive network and relevant industry contacts to aid the companies goals.
Environmental Technologies Fund Environmental Technologies Fund (ETF)L.P. provides entrepreneurs and investors with access to one of the most experienced venture and growth capital investment teams in Europe. ETF is dedicated to investing in great growth companies with global aspirations that are making a big environmental impact. The team has in aggregate more than 140 years of successful hands-on investment experience across Europe, Asia and North America and is backed by some of the world's leading institutional investors. ETF is supported by the European Communities Growth and Employment Initiative, MAP - the ETF Startup Facility.
Naxos Capital PartnersNaxos Capital Partners is an investment fund, initiated by the Banque de Luxembourg, investing in high growth, private companies. The fund invests over the long term, seeking to build world class companies in partnership with outstanding entrepreneurs.
The Naxos team has many years of investment experience, as well as direct operating experience in industry having held senior management positions in unquoted and publicly quoted companies.
The fund is focused on those sectors where the team has most experience, including: Food (drinks and ingredients), Media (energy and resources), Advanced engineering/-materials, and Real estate.
Members of the Board
Chair Thomas Høegh is the founder and Managing Partner of Arts Alliance and partner of Hoegh Capital Partners. Thomas holds a master's degree in business administration from Harvard Business School and a bachelor's degree in fine arts from Northwestern University. Currently Thomas sits on the boards of the following companies: City Screen, Kenshoo, Kiala, LOVEFiLM, Metropolitan Film School, Arts Alliance Media and YCD Multimedia. He is also at trustee of Plan International and sits on the board of UK Film Council.
Board member Mai-Lill Ibsen is former head of Citigroup in Norway and deputy CEO of Eksportfinans, the Norwegian export credit institution. She has also been CEO of the Norwegian derivatives clearinghouse, NOS. She is currently working as a non-executive director on a number of boards of companies and foundations in Scandinavia. She is vice chairman of Folketrygdfondet (Norwegian Government Pension Fund – Domestic), and board member of GIEK, E-CO Energi, Carnegie, CorpNordic and Unifor (amongst others). Mai has an MBA from Stanford University.
Board member Lindsay Poston has a first degree in Mechanical Engineering from Loughborough University and an MBA from Harvard Business School. His early career was spent in operational roles in the steel and oil industries followed by twelve years at McKinsey & Company where he was a Partner. He then held senior positions in the building products sector with Meyer International Plc/Saint-Gobain where he was CEO of Timber Products, MD of Jewson and COO of Meyer/Saint-Gobain UK, and with HSS Hire Service Group where he was a Board Director of the private equity backed business. He is a non-executive director of The Brett Group, a privately held construction and building materials group in the UK.
Board member Henrik Olsén is a founding partner of the Environmental Technologies Fund (ETF), a London-based venture capital fund backed by some of the world’s leading institutional investors. ETF’s mandate is to invest growth capital in Cleantech companies across Europe.
Prior to establishing ETF in 2005, Henrik was a Managing Director of GE Equity, GE’s private equity business. During his 13 years with GE he was involved with transactions in a wide variety of industries and markets across Europe.
Henrik has an MBA from the Stockholm School of Economics, which included a scholarship exchange with the New York University, Stern School of business. Henrik is also a member of the European Advisory Board of the Cleantech Venture Network.