Stockholm (HedgeNordic) – Nordic Investment Opportunities (NIO), set up by partners at two Danish alternative asset managers: Copenhagen Infrastructure Partners (CIP) and Nordic Real Estate Partners (NREP), has appointed Michael Moth Greve (pictured) as Chief Executive Officer. The appointment follows Mogens Thorninger’s resignation from his role as interim CEO to focus on his role at Copenhagen Infrastructure Partners (CIP) where he serves as Partner.
Michael Moth Greve joins NIO from global asset manager Affiliated Managers Group (AMG), where he served as Head of European Distribution. “I am very happy to present Michael Moth Greve as NIO’s new CEO,” comments NIO’s Chairman of the Board, Bjarne Graven Larsen. “NIO is on track to establish itself as the leading manager of alternative investments to smaller investors in Northern Europe, and as a part of the expansion plan, Michael is the perfect choice to lead the coming growth journey,” says Larsen, the former chief investment officer at Ontario Teachers’ Pension Plan and Danish pension fund ATP. “He has in-depth knowledge of managing alternative investment strategies and extensive experience with European expansion.”
“NIO is on track to establish itself as the leading manager of alternative investments to smaller investors in Northern Europe, and as a part of the expansion plan, Michael is the perfect choice to lead the coming growth journey.”
NIO was founded in 2018 by senior partners at CIP, which specializes in renewable energy infrastructure investments, and real estate company NREP with the purpose of offering alternative investments to non-institutional investors. With many alternative asset classes broadly inaccessable for investors with smaller pockets,Nordic Investment Opportunities (NIO) seeks to bridge the gap by offering smaller investors the opportunity to invest in an institutional quality diversified portfolio of private market funds within private equity, private debt, real estate and infrastructure. NIO currently oversees approximately €1 billion in assets under management, primarily from investors in Denmark and the Nordic countries.
“It is indisputable that many investors today have too low an allocation for alternative investment strategies, and this has only been reinforced by the low-interest-rate environment.”
“It is indisputable that many investors today have too low an allocation for alternative investment strategies, and this has only been reinforced by the low-interest-rate environment,” says Michael Moth Greve, who takes over as CEO as of November 8. “NIO offers investors a unique platform, providing access to a one-stop-shop for the best alternative investment strategies, which are normally reserved for the largest institutional investors,” he continues. “I am convinced that there is a significant growth potential for NIO by focusing on local and foreign partnerships and I look forward to becoming part of the NIO team and to continuing the successful journey towards becoming a leading Northern European player within alternative investments.”