- Advertisement -
- Advertisement -

Related

Storebrand Expands its Multi-Boutique Offering

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Storebrand Asset Management has agreed to acquire Danish real estate asset manager Capital Investment as part of its growth strategy within the alternative investment asset class. Copenhagen-based Capital Investment, which manages close to DKK 20 billion in assets, will become part of Storebrand Asset Management’s multi-boutique offering and will continue to operate as a separate unit focused on real estate.

“This acquisition accelerates Storebrand Asset Management’s growth strategy within Nordic alternative assets and will strengthen our position as the gateway to the Nordics,” comments Jan Erik Saugestad (pictured), the CEO of Storebrand Asset Management. “Our growth is a sign of confidence from our clients, and we are well positioned on ESG and alternatives, the strongest trends in asset management.” According to Saugestad, “Capital Investment will strengthen our investment offering in alternative investments – particularly within real estate. They have well established Danish and international client relationships, and we see mutual benefits for both clients and Storebrand through this acquisition.”

“Capital Investment will strengthen our investment offering in alternative investments – particularly within real estate.”

The acquisition of Capital Investment is part of Storebrand’s strategy of making bolt-on acquisitions that complement its existing business. Storebrand is already a large player in the Nordic real estate industry, with about NOK 50 billion of its NOK 1 trillion in assets under management focused on real estate. Storebrand’s acquisition of Capital Investment will add investment capabilities and a complementary network for deal sourcing to accelerate the multi-boutique manager’s expansion in Denmark and internationally.

“This enables us to quickly respond to investors’ pan-Nordic need for real estate investments, with feet on the ground in three important markets.”

“We are very happy to welcome Capital Investment as part of Storebrand Asset Management. Our combined resources and knowledge represent a great opportunity to further strengthen our Nordic offering,” says Saugestad. “This enables us to quickly respond to investors’ pan-Nordic need for real estate investments, with feet on the ground in three important markets,” adds Truls Nergaard, Head of Real Estate in Storebrand Asset Management. “The acquisition creates exciting business opportunities in all segments, based on in-depth knowledge of clients in a market often seen as one region.”

“We are thrilled to join forces with Storebrand Asset Management, a transaction which will combine two strong local market leaders into one pan-Nordic platform for best-in-class real estate asset management services.”

Jesper Damborg, CEO Capital Investment

“We are thrilled to join forces with Storebrand Asset Management, a transaction which will combine two strong local market leaders into one pan-Nordic platform for best-in-class real estate asset management services,” comments Capital Investment’s CEO, Jesper Damborg. “With Storebrand Asset Management, we are able to continue the differentiated and hands-on work with our properties and customers, while expanding our service palette to bring new and exciting concepts to the table.”

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com
Previous article
Next article

Latest Articles

Beyond Renewables: Coeli Fund Taps Into the Broader Electrification Race

Earlier this year, portfolio managers Vidar Kalvoy and Joel Etzler renamed their fund from Coeli Renewable Opportunities to Coeli Energy Opportunities – a move...

Three Danish Hedge Funds Recognized by the Hedge Fund Journal

Three Danish hedge funds have been recognized at the 2025 Hedge Fund Journal CTA and Discretionary Trader Awards. Two funds managed by Danske Bank...

Private Equity in Transition: Challenges and Opportunities

Private equity has matured into a mainstream – if not cornerstone – allocation for institutional investors. Following years of record fundraising and valuation expansion,...

Formue Highlights Private Credit’s Role in New Economic Era

Nordic wealth manager Formue has long prided itself on delivering institutional-grade investment solutions to high-net-worth individuals. As global economic conditions shift, Formue sees an important role...

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

CABA Capital Expands the Flex Series

Danish fixed-income boutique CABA Capital has launched the third vintage of its leveraged, closed-end fixed income strategy: CABA Flex3. The fund aims to deliver...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.