Zenith Group was founded by Tommy Jacobson and Sune Nilsson in 2018. The story goes back to the 90s when the duo founded Trevise Bank, which was later divested. A few years later, in 2000, the duo started Quesada Asset Management which soon gave rise to the investment company Varenne AB, which became the group’s parent company.
Varennes’ first investment was Unibet, which generated 11x the money and 46% annual return. Since then, Varenne has successfully invested mainly in start-up companies and growth companies as well as real estate funds based on its diversified and opportunistic investment strategy.
In order to further exploit the opportunities in start-up companies, Zenith Venture Capital AB was founded in late 2015 focusing only on early stage companies.
The formation of Zenith Group became the next natural step in the development to clarify the offer to the market and to create an efficient organization. Zenith Group focuses on investments in start-up companies and growth companies.
Zenith’s funds are listed on the regulated trading site NDX and Zenith Group is thus the first in Sweden to offer access to unlisted companies at early stages for all types of investors.