Björn Savén


Bjorn Saven, is a Swedish industrialist and investor. He is the founder and former chairman and chief executive of IK Partners a leading European private equity firm focused on acquisitions across the Nordics, Benelux, Germany and France, with funds raised in excess of €20 billion, and invested in over 200 European companies.

Background

Saven was born in Stockholm and grew up there and in Nerike in the middle of Sweden. Bjorn and his wife Inger have three adult children.

Education

Saven holds a degree in business and economics from Stockholm School of Economics 1972 and an MBA from Harvard University 1976.

Career

Prior to founding IK Investment Partners in 1988 Bjorn Saven held various positions at the American oil company Gulf Oil 1972–1974 as well as the Swedish office and retail products group Esselte 1976–1988.
At IK Partners, Bjorn Saven pioneered Private Equity investments in the Nordics and Continental Europe. He raised the first Private Equity fund in the Northern Europe, focusing mainly on investments in, and development of, mid-cap companies with a hands-on operating approach of working with portfolio businesses. He served as Chief Executive from 1989 to 2008 and Executive Chairman 2008 – 2011, chairman from 2011 and emeritus since 2017. 
Bjorn Saven has also served as a non-executive director at the Nordic bank Nordea, Swedish industrial group Alfa Laval, Swedish energy group Vattenfall AB, Norwegian consumer goods group Orkla ASA, and Finnish industrial cranes manufacturer Konecranes Oyj.
Saven was chairman of the for five years and was a director of the Swedish Chamber of Commerce for the United Kingdom 2012-2023 where he was also deputy chairman. He is a member of the Royal Swedish Academy of Engineering Sciences where he served as deputy chairman 2008-2011. He is also a member of Utrikespolitiska samfundet, a non-profit organisation and parent body of,.

Received awards

In recognition of his services, Bjorn Saven has been awarded several orders, decorations and medals by governments, universities and other institutions throughout Europe, including:
Bjorn Saven has also received honorary doctorates from Stockholm School of Economics, Hanken in Helsinki, and Lund Institute of Technology

Philanthropy

  • Trustee of the National Portrait Gallery in London 2017–2024, and Chairman of the Investment Committee
  • Member of the Lund University ESS Executive Advisory Board from 2020
  • Trustee of UK prenatal care charity Tommy's 2015-2023
  • Member of the board of the Heart/Lung Foundation of Sweden from 2023