Extensive combined aviation and investment industry experience

Broad global network, with a deep understanding of the industry with unique insights into new sustainable aviation advancements.

The Team

  • Niklas Lund

    Managing Director/Partner

    Niklas has over 35 years of experience in the finance and aviation markets both as principal and advisor, including six years with a public aircraft leasing company, first as CFO and later as CEO. His earlier experience includes Corporate Finance with Alfred Berg in Stockholm and Oslo, heading the Swedish operation of MV, overseeing PE&VC investments, and various positions within FinansSkandic, part of SEB Group. He is the former CEO of the listed aircraft leasing company Solitair, and is a board member of Airlink, an aviation NGO that supports disaster responses globally.

  • Robert Kuller

    Partner

    Robert founded Rockton with Todd Chambers in 1998. After earning an MBA in International Finance at The Thunderbird School he worked in project finance with Nordic American Banking Corporation in New York, and then joined Svenska Handelsbanken and later, G.E. Capital. Prior to founding Rockton, he started several successful businesses that were sold to outside investors. Robert is an elected board member of The European Regions Airlines Association, a trade association representing more than 60 airlines, and was recently appointed as an honorary member of the Swedish-American Chamber of Commerce, which he co-founded.

  • Ulf Liljenberg

    Partner

    Ulf has been in the aviation industry since 1985 and has held various positions within the fields of aircraft operation, leasing and financing such as VP Marketing at Volito Aviation Services, VP Sales & Marketing at CTT Systems AB, VP Marketing at PK Airfinance (Luxembourg). Ulf spent eight years with the airline Transwede Airways, where he was Head of Technical for five years. Ulf also has experience from wind power projecting and investment. Ulf holds a Master of Science in Mechanical Engineering from Lund Institute of Technology and is committee member for the industry body ISTAT Foundation Grants Committee.

  • Andreas Törnblad

    Chief Investment Officer

    Andreas has more than 10 years of experience in management consulting and investment banking and corporate finance, and previously held positions with McKinsey & Company and Lincoln International. With his entrepreneurial background, Andreas founded Lawline.se. Andreas holds a Master of Economics and Business Administration degree from the Stockholm School of Economics with a major in accounting and financial control and a Master of Laws degree from Stockholm University.

  • Florian Frodl

    Investment and Technical Manager

    Florian has previously worked as a consultant in aircraft engineering, performing aircraft and engine pre-purchase inspections, handling phase-outs/-ins at many major airlines and running the engineering department on behalf of several start-up airlines. He holds an MBA in financial management from the Stockholm School of Economics, a Master of Science in Aerospace Manufacturing from Cranfield University and a Bachelor of Science in Aviation Technology and Management from the University of Leeds.

  • Alena Panotzki

    Finance Director

    Alena has extensive experience within the financial industry with roles as the Head of the Controlling team at Morgan Stanley Private Equity Funds and as Group Financial Controller at the fund management company Coeli. Alena holds a Master of Economics and Business Administration degree from the Stockholm School of Economics.

Advisory Board

  • Elaine Weidman Grunewald

    Former SVP and Chief Sustainability and Public Affairs Officer at Ericsson. Elaine has more than two decades of international executive experience with a focus on digitalization, sustainable development, public affairs and corporate development. Her advocacy for the private sector’s role in solving sustainability challenges has played out in multinational as well as startup environments.

    She recently co-authored the book Sustainability Leadership. She is also the co-founder of the AI Sustainability Center.

  • Nils Hallerström

    Nils has a MSc from the Royal Institute of Technology in Stockholm combined with a MSc in Finance from the London School of Economics. He has spent his entire career in aviation, starting at the Ministry of Industry’s Department of Aviation and thereafter at SAAB AB. In 1984 he joined PK Airfinance in Luxembourg where in 1991 he became President of the bank, which was a position he held for 27 years. He is a board member of Rockton Partners AB and Novus Aviation Capital. Nils is a well-renowned lecturer on aircraft financing along with related financial modelling.

  • John Cook

    John is CEO of Rock Lake Advisors, a Swiss financial advisory firm he founded in 2009 following a successful career in senior positions with Security Pacific Merchant Bank, Merrill Lynch International, WJ Hopper and International Harvester. He serves on the boards or advisory boards of Travelx, Yfret, Viamagus, MR Access, Block Aero and Sanguine. John is an active member of the Swiss Private Equity Association, Horasis, Swiss AmCham; Swiss Swedish Chamber, Swiss Indian Chamber, Select USA Investment Summit and Thunderbird School of Global Management. John is founder and Chairman Emeritus of Thunderbird Private Equity Center, and received his education from Purdue University, University of Washington, Thunderbird School of Global Management and Oxford University

  • Ulrika Saxon

    As a nationally renowned VC leader, Ulrika perfectly complements Rockton’s deep technical and commercial aviation experience. In parallel with CEO positions in the Bonnier Group she was part of the Executive Management Team of Bonnier AB for nine years, driving overall strategic projects while heading multiple business areas. During the last seven years she founded and headed the corporate VC company Bonnier Ventures with a total of EUR +130m assets under management. Ulrika has been actively engaged in venture portfolio companies, through full cycle.

  • Josef Murray

    Experience across the space of private equity investments, having worked as a private equity investor, corporate M&A lead of private equity owned businesses and management consultant serving the private equity industry. Currently serves as group M&A lead for a global US headquartered media services business. Holds a M.Sc. in Industrial Engineering and Management from the Royal Institute of Technology with a major in financial mathematics.

  • Frauke Urban

    Associate Professor and Docent in the Management of Sustainable Energy Systems at KTH. She is currently Head of the Division Sustainability, Industrial Dynamics and Entrepreneurship (SIDE).

    Earlier Reader (Associate Prof.) in Environment and Development at SOAS, University of London, UK, Research Fellow in Climate Change and Development at IDS, University of Sussex, UK, and Research Fellow in Energy, Environment and Development at the University of Groningen, Netherlands.

  • Duane Wingate

    Founder/Principle of Ingenium Technologies Corporation a Rockford, Illinois based aerospace engineering organisation that service a multitude of OEM’s and suppliers. Duane and his team has experience from over 50 different aircraft programs

    Previous work background Collins Aerospace/Sundstrand Corp. in various technical and management roles

Q&A with Rockton’s Leaders

Niklas Lund, Managing Director and Partner and Robert Küller, Founding Partner speak about Rockton’s history and how it is pivoting its business today to accelerate the pace of sustainable aviation. 

What is the history behind Rockton? 

Rockton was founded 1998 in Stockholm, Sweden to help airlines expand by providing them with economical passenger aircraft placed on long-term operating leases. The initial focus was on larger fuel-efficient turboprops, but later the company’s fleet grew to include regional jets, narrow-bodies, and even engines. The name Rockton came from a small Midwestern town in Illinois, US, where one of the founders grew up.  

Why is Rockton pivoting today to sustainable aviation?

As we looked at the future of the industry, it became clear to us that the greatest imperative for aviation is decarbonization and making meaningful reductions of other negative effects on climate change. This is undoubtedly a monumental challenge. But, at the same time it opens up amazing opportunities for investing and for positioning Rockton to be part of this exciting transformation. We consider this to be much more rewarding than what we expect from our traditional business—not only financially, but just as importantly, in making a much-needed contribution to sustainability.

What is driving you to lead the way in this space? 

We are energized by both the opportunity to contribute to the decarbonization pathway for the aviation industry and the strong business case for action. It is gratifying to research and analyze the many novel technologies and companies emerging in this space, and apply our findings to the real aviation world that we know so well.

The sustainable aviation sector is considered a hard sector for abating carbon emissions. What gives you optimism that it can be done?

We are technology optimists at heart. Any technology shift starts with less-than-perfect solutions. But as long as there are no fundamental scientific barriers for making advancements, history tells us that change is possible, when the need is urgent enough and both society and business devote sufficient resources to solving the problem. For inspiration, you need only look at the historical development of the efficiency and price of solar panels.

What are the primary ways Rockton intends to make an impact so that it can help accelerate the pace of change in the sector?

We see our role as identifying and investing in the best and most promising developers of new sustainability technologies, and to support the scale-up of their businesses. Additionally, our goal is to deploy sustainable or climate change mitigation aviation assets by investing in these assets, and leasing them out to top-notch operators.