AUMdb

Keel Capital Ab

SEC-registered Private Fund Manager · Boutique (under $100M) CRD 283825 · SEC file 801-107972 · Stockholm · WWW.KEELCAPITAL.SE
☆ Save with Pro ADV data as of Sep 25, 2025
Regulatory AUM
$10.9M
Discretionary
$10.9M
Clients
6
Avg AUM / client
$1.8M
Accounts
6
Employees
3

AUM over time

$10.9M $1.1B
Jun 8, 2016 Sep 25, 2025

Reported AUM from Form ADV filings, plotted by filing date · as of Sep 25, 2025

Who they serve

Client typeClientsAUM% of AUM
Pooled investment vehicles (non-investment companies) 3 $7.6M 69.7%
Pension and profit sharing plans 1 $289K 2.66%
Corporations and other businesses 2 $3.0M 27.7%

Private funds (3)

Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $298M combined gross assets

FundTypeDomicileGross assetsOwners
Keel Capital S.A., Sicav Sif Foghorn X2 Other Private Fund Luxembourg $197M 18
Keel Capital S.A., Sicav Sif Foghorn Fund Other Private Fund Luxembourg $70.5M 20
Keel Capital S.A., Sicav Sif Longhorn Fund Other Private Fund Luxembourg $30.8M 15

People (6)

NameRole / titleCredentialsWith firm sinceOwnership
Johansson, Sven, Gustaf Owner Apr 2012 (14y) ≈ 3.75% – 10% via Kameralna Ab
Gutenbrant, Fredrik, Anders Owner Apr 2015 (11y) ≈ 3.75% – 10% via Fröbol Invest Ab
Daar, Bile Owner Dec 2021 (5y) ≈ 3.75% – 10% via Laas Geel Ab
Ruhne, Mats Owner Dec 2021 (5y) ≈ 18.75% – 50% via Vinsveparen Ab
Svensson, Tomas, Mathias Owner Dec 2021 (5y) ≈ 12.5% – 37.5% via Smulteberg Holding Ab
Dahl, Andreas Owner Feb 2023 (4y) ≈ 3.75% – 10% via Hallsfjärden Holding Ab

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Vinsveparen Ab Owner Dec 2021 A 25% – 50%
Smulteberg Holding Ab Owner Dec 2021 A 25% – 50%
Kameralna Ab Owner Dec 2021 A 5% – 10%
Laas Geel Ab Owner Dec 2021 A 5% – 10%
Hallsfjärden Holding Ab Owner Feb 2023 A 5% – 10%
Fröbol Invest Ab Owner Oct 2023 A 5% – 10%

Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.

Estimated effective ownership (look-through of filed bands):

  • Johansson, Sven, Gustaf: 75% – 100% of Kameralna Ab × 5% – 10% direct ≈ 3.75% – 10% of the firm
  • Gutenbrant, Fredrik, Anders: 75% – 100% of Fröbol Invest Ab × 5% – 10% direct ≈ 3.75% – 10% of the firm
  • Daar, Bile: 75% – 100% of Laas Geel Ab × 5% – 10% direct ≈ 3.75% – 10% of the firm
  • Ruhne, Mats: 75% – 100% of Vinsveparen Ab × 25% – 50% direct ≈ 18.75% – 50% of the firm
  • Svensson, Tomas, Mathias: 50% – 75% of Smulteberg Holding Ab × 25% – 50% direct ≈ 12.5% – 37.5% of the firm
  • Dahl, Andreas: 75% – 100% of Hallsfjärden Holding Ab × 5% – 10% direct ≈ 3.75% – 10% of the firm

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (3, $298M gross assets)

FundTypeGross assetsMin. investmentOwners
Keel Capital S.A., Sicav Sif Foghorn X2 Other Private Fund $197M $545K 18
Keel Capital S.A., Sicav Sif Foghorn Fund Other Private Fund $70.5M $545K 20
Keel Capital S.A., Sicav Sif Longhorn Fund Other Private Fund $30.8M $545K 15

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 09/25/2025 1.6 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • • Percentage of assets under management
  • • Performance-based fees

Services

  • • Portfolio management for individuals/small businesses
  • • Portfolio management for pooled investment vehicles
  • • Portfolio management for businesses/institutional clients

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports it does not have custody of client funds or securities (Item 9.A).

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Sep 25, 2025.

View current Form ADV (SEC/IAPD) ↗