By David G. Barry
After almost four years as head of private equity for Wisayah Investment Company, Jonas Nyquist has left the wholly owned subsidiary of Saudi Aramco to start his own firm.
Nyquist is now leading Enteron AB in Stockholm, Sweden. He did not immediately respond to an inquiry from Markets Group about what his new firm will do. Nyquist announced his move on LinkedIn.
Wisayah invests Saudi Aramco Group Companies’ pension funds, defined contribution funds and other long-term investment portfolios. It deploys capital in both investment firms and directly in debt, equity and real assets. Wisayah is led by Sheila Al-Rowaily.
Prior to joining Wisayah in 2018, Nyquist was the private equity and infrastructure head of Skandia, one of Sweden’s largest life insurers. His background also includes serving as a manager with consultant Arthur D. Little in Sweden.