Investment companies to invest in, and unlisted alternatives

Investment shares

Investment companies give you exposure to an entire portfolio of companies through a single share. On Eqvor you will find unlisted investment companies and acquisition conglomerates that you can trade before they reach the stock exchange.

  • 2 Swedish investment companies and acquisition conglomerates available on Eqvor today
  • Hasko Invest is preparing a stock exchange listing and was the most traded share last month
  • Lyvia Group is Europe's leading acquisition conglomerate in business-critical software
  • Both companies connected to Euroclear (the securities register), delivery to a custody account of your choice
  • Unlisted shares, traded via Eqvor's digital platform

What is an investment company?

An investment company is a company whose primary business is owning and managing shares in other companies. Instead of running its own operating business, the company invests in a selection of other companies, either as a minority owner or as a manager with a majority stake. When you buy shares in an investment company, you get indirect exposure to its entire portfolio.

Net asset value is a key metric for investment companies and represents the combined market value of the portfolio companies minus liabilities. The shares sometimes trade at a discount to net asset value (below the net asset value) or at a premium (above the net asset value), depending on market sentiment and portfolio quality.

Unlisted investment companies on Eqvor

Below you will find the investment companies and acquisition conglomerates currently available for trading on Eqvor. Click on a company to see current information, the share price and how to place an order.


Why invest in investment companies?

Investment companies offer built-in diversification. You get exposure to several companies through a single share. Acquisition-based investment companies with stable portfolio companies and cash flows can be less volatile than investments in individual growth companies. Historically, successful investment companies such as Investor and Kinnevik have delivered strong long-term returns.

Unlisted investment companies give you the opportunity to get in early, before a stock exchange listing, when the potential for value growth is often at its greatest. Eqvor is one of the few platforms that give private individuals access to these companies.

NAV discount and net asset value

Net asset value (NAV) is the sum of the market value of all portfolio holdings minus net debt. A NAV discount means that the shares trade below this value, which can be seen as a buying opportunity if you believe in the portfolio's value. A NAV premium means that the market pays more than the net asset value, often because of expectations of future acquisitions or growth. For unlisted investment companies, the net asset value is harder to calculate precisely because the portfolio companies lack daily pricing.


Frequently asked questions about investment companies

What is the difference between an investment company and a holding company?

An investment company is a regulated company form whose primary purpose is to own and manage securities. A holding company is a broader term for any company that owns stakes in other companies, regardless of whether the management is active or passive. In practice the terms are often used interchangeably in everyday language, but there are regulatory differences.

How do investment companies make money?

Investment companies make money from increases in the value of their portfolio companies, dividends from their holdings and the sale of portfolio companies. Acquisition-based investment companies such as Hasko Invest also drive active operational development to increase profitability in the portfolio companies.

How do I buy shares in investment companies on Eqvor?

Create an account on Eqvor, choose the investment company you want to invest in and place an order via the platform. Eqvor matches buyers and sellers in the unlisted market. Both companies are connected to Euroclear, which means that the shares are delivered to your custody account at the bank or securities firm of your choice once the trade is completed.

Company information based on public data and Eqvor's platform data, May 2026.

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