The London-based hedge fund Parvus which has been engaging in a series of activist investments along with Christer Gardell’s Cevian Capital is managed by a Dane, Mads Eg Gensmann. He says that as far as new corporate equity purchases is concerned, the sky is the limit.

The London-based hedge fund Parvus has recently gained notice, particularly in the Swedish financial industry, with its activist investment in Volvo. An investment which was made alongside Swedish financial entrepreneur Christer Gardell and his hedge fund Cevian Capital.

Speaking to Dagens Industri, Gensmann says that he is ready for more large purchases in listed Swedish companies.

“The sky is the limit. I am counting on doing more business during the next six months.” Gensmann says.

On December 4, Gensmann and Parvus made the first public appearance on Swedish soil in connection with the extraordinary assembly of tobacco company Swedish Match. Parvus has recently acquired a 5% stake.

According to numerous Swedish press reports, the debut was a tumultuous one. Despite strenuous objections from the major Swedish institutional owners against a proposal made by Parvus to increase the board compensations with as much as 80%, Gensmann drove the proposal to acceptance.

Mads Eg Gensmann comes from a wealthy Danish family who own 80% of the exchange listed Danish carpeting company Ege Carpets.