Where is Norfund's headquarters located?

Norfund's headquarters is located in Oslo (Norway).

How big is Norfund's investment team?

Norfund has a team of 82, including 12 partners.

How many companies has Norfund invested in?

Norfund has invested in 177 companies, including Funding Societies & d light.

Which companies has Norfund invested in lately?

Ampin Energy Transition & Erco are the latest investments by Norfund.

Norfund - 2026 Investor Profile, Portfolio, Team & Exits

Norfund is a private equity firm founded in 1998. It is primarily based in Oslo, Norway. As of Oct 2026, Norfund is an active investor with a portfolio of 177 companies, comprising 177 funding rounds and 4 acquisitions. In the last 12 months, it has participated in 6 funding rounds. The firm primarily invests in companies based in Kenya and India. Its portfolio is spread across a wide range of sectors from Financial Services to Environment. Its latest investment was a $***** Series E round in Ampin Energy Transition on Sep 21, 2026

Overall Norfund portfolio has seen 1 unicorn, 10 IPOs and 15 acquisitions including key companies like Access Bank, Wave Systems and First City Monument Bank. A lot of funds co-invest with Norfund, with names like Finnfund sharing a substantial percentage of its portfolio.

Norfund has a team of 82 people, including 12 partners.

Key Metrics

Founded Year

1998

Location

Oslo, Norway

Portfolio Companies

Funding Societies, d light & 175 more

Portfolio Sectors

Financial Services, Environment

Portfolio Locations

Kenya, India & 39 more

Acquisition Deals

FES, Globeleq & 2 more

Investment Deals

Funding Societies, d light & 175 more

View Norfund's full profile

Norfund has a portfolio of 177 companies. They have invested in a total of 177 companies. Their most recent investment was in Ampin Energy Transition (Series E round) on Sep 21, 2026. Here are the most recent investments by Norfund:

Date	Company	Round	Amount	Co-Investors
Sep 21, 2026	Ampin Energy Transition	Series E	3519	-
Aug 13, 2026	Erco	Series C	3651	Augment Infrastructure ... and 2 others
Aug 04, 2026	Texplast	Series B	5720	-
Jun 17, 2026	CREI	Conventional Debt	2927	FEI

View all investments by Norfund

Norfund has acquired 4 companies. Their most recent acquisition was of FES on Apr 22, 2022. Here are the most recent acquisitions by Norfund:

Acquisition Date	Company	Short Description	Total Funding	Founded Year
Apr 22, 2022	FES	Integrated agricultural solutions provider, empowering African farmers with equipment and expertise	-	1967
Sep 15, 2015	Globeleq	Independent power producer developing and operating power plants in Africa	-	2002
Jun 01, 2014	Serengeti Fresh	Producer, processor & exporter of fresh vegetables and exotic fruits	-	2010
Jul 30, 2024	SNPower	Infrastructure fund manager	-	2002

Here is the portfolio snapshot of Norfund:

Investments by Year

The maximum number of investments were made in 2023

Acquisitions by Year

The maximum number of acquisitions were made in 2022

Portfolio by Location

Companies are primarily in Kenya and India

Portfolio by Sector

Companies are primarily in Financial Services

Norfund has a team of 82 members including 12 Partners and 11 Principals located in Norway, Thailand and 8 more locations. Norfund's team sits on the board of 2 companies.

Here is a list of top team members in Norfund:

Name	Designation	Location	Board Memberships	Contact Details
Tellef Thorleifsson	Partner	Oslo	Kahoot	1 Email
Federico Fernandez	Partner	Costa Rica	-	1 Email
Vegard Benterud	Partner	Oslo	-	1 Email
Mark Davis	Partner	Oslo	-	1 Email
Erik Sandersen	Partner	Oslo	-	1 Email
Martin Skancke	Partner	Oslo	-	-
Ellen Cathrine Rasmussen	Partner	Oslo	N2 Applied	1 Email
Olaug Svarva	Partner	Oslo	-	-
Aslaug Marie Haga	Partner	Oslo	-	-
Pablo Barrera	Partner	Norway	-	-
Naana Winful Fynn	Partner	Ghana	-	1 Email