The Team
Disciplined, focused,
& collaborative
Partner • Chairman • CEO
Magnus Thor Jonsson
Financial & Business
- Career spanning 30 years in finance, taking on executive roles such as chairman, CEO and board member.
- Magnus, leading as a chairman, built up the world’s largest plastic roto moulding company by implementing the buy and build strategy.
- Success in renewable energy investments, notably achieving more than 400% ROIC on an acquisition of one of the world’s largest geothermal drilling company.
- Orchestrated major deals, including chairing the Enex China agreement for the world’s largest geothermal district heating company.
- He has been instrumental building up various kind of businesses based on the buy and build strategy, among other things, in Europe, the U.S. and Asia.
Education
Studied business and economics at University of Iceland, MBA at Stanford and A.I. at M.I.T.
Partner
Jim McColl OBE
Financial & Business
- Career spanning 40+ years in the engineering industry as Investor and Entrepreneur taking on roles as Chairman, CEO, Director and Board Member.
- Over a period of 16 years, from 1992 to 2008, Jim took Clyde Blowers from one company in Clydebank, Scotland, with 100 employees and £5m in revenue to managing more than 100 companies spanning 6 continents, over 5,000 employees and annual revenues in excess of £1billion.
- In the past 20 years he has invested in over 20 platform acquisitions, overseen 15 exits including 2 public listings. He has also led a number to public to private transactions, mergers, demergers, spin outs and turn arounds.
Education
- Studied Technology and Business Studies at Strathclyde University.
- Masters degrees in Business Administration and International Accounting and Finance.
- Awarded Honorary Doctorates from five Universities.
- OBE from HRH Queen Elisabeth II for Services to British Industry.
Partner
Gudmundur Thoroddsson
Financial & Business
- Gudmundur has 30+ years of experience in energy & utilities. Gudmundur previously held positions such as CEO of Reykjavik Geothermal, CEO of Orkuveita Reykjavíkur, Chairman of Iceland Drilling, and Board Member of Enex and Enex China.
- During his carrier as CEO he strongly supported new areas in geothermal development, such as very deep drilling, new drilling technologies and RD support to universities.
- Gudmundur is among a handful of CEOs in the world who succeeded in commissioning annually 50-100 MW of new geothermal power. This unique success rate can largely be attributed to his thorough understanding of the geothermal value chain.
- Gudmundur is currently Chairman and Managing Director and CTO of Taqa Geothermal SA.
Education
Gudmundur holds an M.Sc. in Mechanical Engineering from DTU in Denmark an MBA from University of Wisconsin in Madison, and a BSch in Mechanical Engineering from University of Iceland.
Partner
Nolan J Watts
Financial & Business
- 30+ years banking experience split between Investment Banking, Private Banking and Wealth Management.
- Recently worked at HSBC Private Bank and Lombard Odier, managing over $5 billion of assets for Ultra-High-Net-Worth Individuals.
- Previously spent 27 years working for Credit Suisse in London in various roles, mainly as a Senior Associate in a team managing over $2 billion of assets for UHNW entrepreneurs, business owners and institutions.
Education
Investment Advice Diploma from the Chartered Institute for Securities & Investments.
Our Strategy
Disciplined, focused, & collaborative
Buy & Build Strategy
We acquire platforms and implement a disciplined buy-and-build approach.
Targeting Niche Markets
We focus on niche or fragmented markets with strong value-creation potential.
Partner-Driven Optimization
We collaborate with diverse partners to optimize every investment on a deal-by-deal basis.
