Carneo AB, the largest independent asset management group in the Nordics, announced 27 January the acquisition of 100 % of the shares in Holberg Fondsforvaltning AS (“Holberg”). The employees in Holberg will reinvest and own 30 % of the shares in Holberg.
Holberg is the largest independent asset manager in Norway and is located in Bergen. The company has 25 employees and approximately 25 NOKbn in assets under management. Following the transaction, Holberg will become part of Carneo, which manages a total of SEK 300 billion, and which owns Carnegie and C Worldwide. Carneo was established by the Nordic private equity company Altor in 2016.
Arntzen de Besche acts for Carneo AB in connection with the transaction. The core advisory team at Arntzen de Besche is led by Per A. Dagslet (M&A) and also includes Malin Åkvik Granli (M&A), Karl Rosén (financial regulation), Elisabeth Eriksson (financial regulation), Espen I. Bakken (competition law) and Magnus Høegh Krogn Viddal (competition law).
