Our mandate, set out at our inception in 2001, dictates the restrictions of our investment activity. Our purpose, in addition to maximizing the financial return from the fund investments, has been to promote and facilitate the development of a Norwegian private equity industry. This is thought be best achieved by investing in Nordic funds.

Since 2001, both the Nordic and the Norwegian private equity market have become more mature and cross border investment activities have increased. Norwegian fund managers are investing more outside of Norway, and private equity fund managers in Sweden, Finland and Denmark (also fund managers outside the Nordic region) are investing in Norway.

We believe our networks and local knowledge help us select the best Nordic fund managers.