Initially announced in May 2025, Axcel’s leadership transition marks the next phase in the firm’s long-term development. With the successful close of its lower mid-market fund, Axcel Elevate I, and strong progress in the deployment of Axcel VII, the firm has built momentum across the full mid-market spectrum, making this a natural point to complete the handover.

“Christian Bamberger Bro is a driving force in Axcel’s collaborative approach to investment and value creation, and has the trust of our investors and the team,” says Christian Schmidt-Jacobsen. “I’m proud to have led Axcel through a phase of strategic renewal and growth over the past ten years and now look forward to focusing fully on driving our lower mid-market strategy.”

Christian Bamberger Bro joined Axcel in 2014 and has built a strong investment track record at the firm, particularly within the technology sector. Prior to joining Axcel, he worked at Permira and McKinsey & Company.

“On behalf of Axcel’s partners, I want to thank Christian Schmidt-Jacobsen for his leadership, which has been instrumental to the firm’s growth over the past decade. His continued role at Axcel provides important continuity and momentum across the firm,” says Christian Bamberger Bro. “I’m grateful for the trust placed in me by the partners and our investors, and I look forward to continuing Axcel’s strong development together with the team.”

Christian Schmidt-Jacobsen has served as Managing Partner from 2015 to 2026. Under his leadership, Axcel has fully transitioned its partner team, strengthened its Nordic presence, expanded into Germany, raised a series of increasingly large funds, and consistently delivered strong returns to investors. He continues as Partner and Head of Axcel Elevate, which is now actively investing.