What Didner & Gerge does

Didner & Gerge Fonder AB is an independent Swedish active fund management company founded in 1994 in Uppsala by Henrik Didner and Adam Gerge. The firm manages approximately SEK 50 billion across five actively managed equity funds: D&G Aktiefond (Swedish large-cap), D&G Småbolag (Nordic small-cap), D&G Global (Swan-labeled global equities), D&G Small and Microcap (European small/microcap), and D&G US Small and Microcap (US/Canada small/microcap). Each fund is run by two portfolio managers who jointly decide on positions, using concentrated portfolios of roughly 30-50 holdings with a stated long-term (5+ year) horizon. The managers invest personally in the funds they manage.

The company distributes its funds through two channels: directly via its own website, iOS/Android mobile app with BankID onboarding, and ISK/fund account infrastructure; and indirectly through partnerships with most Swedish banks and fund commissioners, including inclusion in SEB's fund insurance offering. Revenue is generated through annual management fees deducted from fund assets (the disclosed fee on D&G Global is 1.6%, with no purchase or sales fees). Customer segments span retail investors (monthly savings from 100 SEK, pension, and children's savings), institutional investors (active equity mandates across Swedish, Nordic, European, US, and global markets), and corporate customers (pension and employee savings solutions). The firm has approximately 30 employees split between its Uppsala headquarters and Stockholm branch, led by CEO Helena Hillström, and operates as a privately held company with no disclosed external equity backing.

Name

Didner & Gerge

Legal name

Didner & Gerge Fonder AB

Website

https://didnergerge.se

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Didner & Gerge is an independent Swedish active equity fund manager founded in 1994, managing approximately SEK 50 billion across five concentrated mutual funds serving retail, institutional, and corporate clients in Sweden and the Nordics through direct distribution and bank partnerships.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Fund of Funds & Multi-Manager Mutual Funds (FSAAAEAL)

Keywords

• Active equity fund management
• Investment fund services
• Long-term portfolio management
• Institutional asset management
• Retail fund savings

Headquarters

HQ city

Uppsala

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Fund Management Fees: Didner & Gerge generates revenue through annual management fees charged on the funds under management. Each fund has an annual fee that is deducted from the fund's assets, reducing the net asset value for investors. The company practices true active fund management with the goal of creating best-in-class long-term returns.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Didner & Gerge is an independent Swedish fund management company that actively manages a portfolio of five equity funds covering Swedish, Nordic, European, US, and global equities. The funds are concentrated portfolios of 30-50 holdings each, co-managed by two portfolio managers, and are made available to private investors (via ISK and fund accounts), institutions, and corporate clients. Distribution is direct via the company's website/app with BankID and through banks and fund commissioners across Sweden.

Product overview

Didner & Gerge Fonder is an independent Swedish fund management company founded in 1994 in Uppsala, managing approximately 50 billion SEK for private customers, institutions, and companies. The company offers a portfolio of five actively managed equity funds: D&G Aktiefond (Swedish large-cap), D&G Småbolag (Nordic small-cap), D&G Global (Swan-labeled global equity), D&G Small and Microcap (European small/microcap), and D&G US Small and Microcap (US small/microcap). Services include investment savings accounts (ISK), fund accounts, and monthly savings plans. The funds are managed using a concentrated portfolio approach of approximately 30-50 holdings per fund with dual-fund manager structure.

Differentiator

Problem solved

Functional benefit

Products and services

• D&G Aktiefond An actively managed Swedish equity fund investing in large and medium-sized companies in Sweden, with at least 90% of assets in equities and at least 80% traded on regulated Swedish markets. Fund managers Simon Peterson and Per Johansson co-manage the portfolio. Targeted at retail and institutional investors seeking Swedish equity exposure.
• D&G Småbolag
• D&G Global A globally focused equity fund with sustainability focus, investing in large and small companies worldwide. The fund is Nordic Swan ecolabeled and concentrates on five investment clusters: Digital products and services, Capital allocators, Healthcare & medical technology, Environmental & energy technology, and Brands. Annual fee of 1.6%, no purchase or sales fees. Co-managed by Henrik Andersson and Lars Johansson. Targeted at retail and institutional investors seeking global equity exposure with sustainability criteria.
• D&G Small and Microcap A European-focused small and microcap fund investing in small and very small companies globally with emphasis on European markets. Co-managed by Carl Granath and Henrik Sandell. Included in SEB's fund insurance offering from April 2021, allowing SEB customers to access the fund through their bank. Targeted at investors seeking European small/microcap exposure.
• D&G US Small and Microcap A US-focused small and microcap fund investing in small and very small companies primarily in the United States and Canada. Co-managed by Jessica Eskilsson Frank and Linn Hansson. Targeted at investors seeking North American small/microcap exposure.
• Investeringssparkonto (ISK) A Swedish investment savings account (ISK) wrapper allowing customers to buy and sell Didner & Gerge funds without tax effects during the holding period, subject to annual flat-rate schablonbeskattning. Targeted at Swedish retail savers seeking tax-efficient fund investing.
• Fondkonto A fund account for saving in Didner & Gerge funds. Sales are taxed upon realization of gains or losses. Targeted at retail investors who prefer a non-ISK investment structure.
• Månadssparande (Monthly Savings) A monthly savings service allowing customers to save from SEK 100 per month in one or more of Didner & Gerge's funds, with automatic monthly deductions. Targeted at retail customers seeking disciplined recurring savings (e.g., children's savings, long-term savings).

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• IIGCC (Institutional Investors Group on Climate Change)coreStrategic or Co-development Partner · 29 June 2021Didner & Gerge became a member of IIGCC, Europe's largest membership organization for institutional investors focused on climate change. The membership enables participation in Climate Action 100+ engagement to influence the world's 167 largest carbon emitters. IIGCC represents over 378 billion SEK in assets across 21 countries with over 300 member signatories.
• SEBcoreChannel Partner/ Reseller/ Distributor · 1 April 2021Didner & Gerge Small and Microcap was included in SEB's fund insurance offering, allowing SEB customers to access the fund through their bank.
• Banks and Fund Commissioners (Swedish Market)coreChannel Partner/ Reseller/ DistributorDidner & Gerge has established collaborations with most banks and fund commissioners on the Swedish market, allowing customers to purchase funds through these external partners rather than directly through Didner & Gerge.
• Läkare utan gränser (Médecins Sans Frontières)minorOthersDidner & Gerge partners with Läkare utan gränser (Doctors Without Borders) as part of their community engagement and charitable activities.
• Team RynkebyminorOthersDidner & Gerge collaborates with Team Rynkeby, a charity project that raises money for Barncancerfonden (Childhood Cancer Fund).

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Skagen Fonder: Norwegian-based active fund manager with concentrated global and Nordic equity strategies; comparable active philosophy and Nordic distribution footprint, though headquartered outside Sweden.
• Öhman Fonder: Swedish/Nordic active fund manager with multi-strategy equity offerings including Nordic small-cap; closely comparable in active management approach and Swedish retail/institutional client base.
• Enter Fonder: Swedish independent active fund manager focused on Swedish and Nordic equities; comparable in size, boutique positioning, and reliance on Swedish bank distribution channels.
• Lannebo Fonder: Swedish independent active fund manager with a similar boutique profile and Sweden/Nordic/global equity strategies; closely comparable in size, distribution via Swedish banks, and active management philosophy.
• Carnegie Fonder: Nordic-focused asset manager offering actively managed equity funds distributed through Swedish channels; comparable in active management style and target customer base of Swedish retail and institutional investors.

Broad incumbents

• T. Rowe Price: Global active asset manager with concentrated equity strategies targeting institutional and retail investors; comparable in active, fundamental, concentrated-portfolio investment philosophy though at materially larger scale and global footprint.
• Nordea Funds: Large Nordic bank-affiliated fund manager with extensive Nordic and European equity fund offerings; overlaps with Didner & Gerge in target customer segments and active strategies, but at significantly larger scale.
• Swedbank Robur: Largest Swedish fund manager, bank-affiliated with broad multi-asset offerings; overlaps with Didner & Gerge in active Swedish/Nordic equity funds but operates at much greater scale with broader product suite.
• Handelsbanken Fonder: Bank-affiliated Swedish fund manager offering active equity funds across Nordic and global mandates; comparable in active philosophy but part of a broader banking group's product platform.
• SEB Investment Management: Bank-affiliated asset manager that distributes Didner & Gerge funds via SEB fund insurance and competes with its own broad active and passive fund range; comparable in distribution reach but vastly larger and more diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCBAUVKVeAcfn243fzpYXMQw
• Facebookfacebook.com/didnergerge
• Xx.com/didnergerge
• LinkedInlinkedin.com/company/didner-gerge

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Didner & Gerge