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Storebrand AM boosts illiquids offering via PE buy

Norway's Storebrand Asset Management is continuing its Nordic money manager shopping spree, with the acquisition of private equity investor Cubera.
Jan Erik Saugestad has had a wide variety of positions at Storebrand, including portfolio manager, head of asset allocation, CIO and CEO of Storebrand Asset Managmenet. | Photo: Storebrand
Jan Erik Saugestad has had a wide variety of positions at Storebrand, including portfolio manager, head of asset allocation, CIO and CEO of Storebrand Asset Managmenet. | Photo: Storebrand
by SØREN RATHLOU TOP

Major Norwegian player Storebrand Asset Management is still busy targeting boutique managers as acquisitions, in the wake of its October 2017 move to buy Skagen.

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