Advisory Board

Niels B. Christiansen Chairman

Niels B. Christiansen is president and CEO of Danfoss and sits on a variety of boards, including A.P. Moller - Maersk, William Demant Holding and the Technical University of Denmark. He is also vice chairman of the Confederation of Danish Industry (DI).

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Christian Frigast Executive Chairman, Partner

Christian Frigast holds an MSc in Economics and has been managing partner at Axcel since the founding of the company in 1994. Prior to that he was employed by Incentive A/S (1993-94) and Nordea (1976-93). Christian is chairman of Axcel Management and the Danish Export Credit Agency, deputy chairman of PANDORA, the Danish Venture Capital and Private Equity Association (DVCA) and Axcel's Advisory Board, and sits on the boards of Nordic Waterproofing, the Denmark-America Foundation, the Board Leadership Society in Denmark and Nykredit’s IPO Advisory Board. He also chairs and co-founded Axcel’s own think-tank, Axcelfuture, and is an associate professor at Copenhagen Business School.

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Mette Vestergaard

Mette Vestergaard is SVP for Global People & Communications at LEO Pharma. She was previously a vice president at Novozymes and CEO of Mannaz. Mette sits on the boards of DESMI, Copenhagen Business School and the Danish National Centre for Social Research.

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Lars Westerberg

Lars Westerberg is a former president and CEO of Gränges, ESAB and Autoliv. He currently sits on the boards of Volvo, SSAB, Sandvik, Meda and Stena.

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Lars Munch

Lars Munch was previously CEO and is now chairman of JP/Politikens Hus. He is also chairman of the Louisiana Museum of Modern Art, Museumsfonden and Louisiana-Fonden, BRFfonden, BRFholding, SOS Children’s Villages Denmark and the Press Freedom and Development Fund (Paris). Lars also sits on the boards of Europa Nostra and the European Press Prize (Amsterdam).

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Jens W. Moberg

Jens W. Moberg chairs the boards of Grundfos and PostNord, among others, and was previously a CVP at Microsoft and CEO of Better Place Danmark and Alectia.

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Peter Schütze

Peter Schütze is a former CEO of Nordea Bank Denmark. He now chairs the boards of DSB and Falck and the investment committees of the Danish Climate Investment Fund and the Danish Agribusiness Fund. Peter is also deputy chairman of SimCorp, the Nordea Foundation and the Nordea Bank Foundation, a director of the Lundbeck Foundation and a member of the Systemic Risk Council.

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Magnus Lindquist Senior Advisor

Magnus Lindquist is co-managing partner of CORDET Capital Partners LLP. Past experience includes as partner/investment professional responsible for the Nordic region at Triton Advisors AB (2008-15) and group vice president and CFO at Autoliv Inc. (2001-08).

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Peter Damgaard Jensen

Peter Damgaard Jensen is CEO of PKA, a director of Forsikring & Pension and deputy chairman of Forca.

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Advisory Board

Niels B. Christiansen Chairman

Niels B. Christiansen is president and CEO of Danfoss and sits on a variety of boards, including A.P. Moller - Maersk, William Demant Holding and the Technical University of Denmark. He is also vice chairman of the Confederation of Danish Industry (DI).

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Christian Frigast Executive Chairman, Partner

Christian Frigast holds an MSc in Economics and has been managing partner at Axcel since the founding of the company in 1994. Prior to that he was employed by Incentive A/S (1993-94) and Nordea (1976-93). Christian is chairman of Axcel Management and the Danish Export Credit Agency, deputy chairman of PANDORA, the Danish Venture Capital and Private Equity Association (DVCA) and Axcel's Advisory Board, and sits on the boards of Nordic Waterproofing, the Denmark-America Foundation, the Board Leadership Society in Denmark and Nykredit’s IPO Advisory Board. He also chairs and co-founded Axcel’s own think-tank, Axcelfuture, and is an associate professor at Copenhagen Business School.

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Mette Vestergaard

Mette Vestergaard is SVP for Global People & Communications at LEO Pharma. She was previously a vice president at Novozymes and CEO of Mannaz. Mette sits on the boards of DESMI, Copenhagen Business School and the Danish National Centre for Social Research.

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Lars Westerberg

Lars Westerberg is a former president and CEO of Gränges, ESAB and Autoliv. He currently sits on the boards of Volvo, SSAB, Sandvik, Meda and Stena.

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Lars Munch

Lars Munch was previously CEO and is now chairman of JP/Politikens Hus. He is also chairman of the Louisiana Museum of Modern Art, Museumsfonden and Louisiana-Fonden, BRFfonden, BRFholding, SOS Children’s Villages Denmark and the Press Freedom and Development Fund (Paris). Lars also sits on the boards of Europa Nostra and the European Press Prize (Amsterdam).

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Jens W. Moberg

Jens W. Moberg chairs the boards of Grundfos and PostNord, among others, and was previously a CVP at Microsoft and CEO of Better Place Danmark and Alectia.

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Peter Schütze

Peter Schütze is a former CEO of Nordea Bank Denmark. He now chairs the boards of DSB and Falck and the investment committees of the Danish Climate Investment Fund and the Danish Agribusiness Fund. Peter is also deputy chairman of SimCorp, the Nordea Foundation and the Nordea Bank Foundation, a director of the Lundbeck Foundation and a member of the Systemic Risk Council.

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Magnus Lindquist Senior Advisor

Magnus Lindquist is co-managing partner of CORDET Capital Partners LLP. Past experience includes as partner/investment professional responsible for the Nordic region at Triton Advisors AB (2008-15) and group vice president and CFO at Autoliv Inc. (2001-08).

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Peter Damgaard Jensen

Peter Damgaard Jensen is CEO of PKA, a director of Forsikring & Pension and deputy chairman of Forca.

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