Categories: infrastructure

“A positive second quarter for us with increasing revenues, AuM, and inflows across the Nordics"- Jan Erik Saugestad

12 July 2024 07:31

Storebrand Asset Management Q2 2024 business update

Storebrand Asset Management recognized net revenue of NOK 638 million for the second quarter of 2024, including net performance revenues. Positive inflow and strong markets contributed to an increase in AuM, counteracted by strengthened NOK against other currencies. In total, AuM increased to an all-time high of 1 298 billion.

CEO Storebrand Asset Management Jan Erik Saugestad & Managing Partner AIP, Kasper Hansen.

26 June 2024 16:45

Storebrand increases its ownership in Danish infrastructure fund manager AIP Management

Storebrand has entered into an agreement to acquire an additional 50% of the shares in Danish infrastructure fund manager AIP Management P/S (“AIP”) to reach a direct ownership of 60%. AIP is founded by PKA and headquartered in Copenhagen with total commitments from investors of €8 billion (NOK 90 billion).