Norfund is a development finance institution established by the Norwegian Storting in 1997 and owned by the Norwegian Ministry of Foreign Affairs. The fund receives its investment capital from the state budget.

Country

Norway

AUM

$4

Performance (%, 1YR)

19.60

Chief Executive

Tellef Thorleifsson

Performance Notes

Based on Internal Rate of Return (IRR) for the development mandate calculated measured in NOK

Chair

Olaug Svarva

Asset allocation

44.5% Equity

28.2% Indirect Equity Funds

27.4% Loans

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