Norfund

AUM: $2 billion

Norfund is a private equity company established by the Norwegian Storting (parliament) in 1997 and owned by the Norwegian Ministry of Foreign Affairs. The fund receives its investment capital from the state budget. Its head office is located in Oslo with local offices in Thailand, Costa Rica, Kenya, Mozambique and South Africa.

Norfund’s mission is to help developing countries fight poverty through supporting economic growth, employment and technology transfer. The investments are done on commercial terms directly in companies or through local investment funds. Norfund can invest in countries with a BNI per capita below USD $6,925 (the World Bank threshold), and has chosen a strategic focus on Eastern and Southern Africa, Central America and South-East Asia.

Areas of interest:

Renewable energy

Financial services

Agribusiness