Oil fund continues discussions on entering private equity with new note on the asset class

The discussion note published Thursday follows NBIM’s recommendation earlier this year to the Ministry of Finance, that the oil fund should also invest in private equity.

Norges Bank Investment Management oversees the investments of Government Pension Fund Global, which has an AUM of approximately NOK 15.27bn (EUR 1.33trn). | Photo: PR/Norges Bank/Esten Borgos

by REETA ILONA PAAKKINEN

Norges Bank Investment Management (NBIM), which manages Norway’s gigantic Pension Fund Global, writes that buyout funds on average have meaningfully outperformed public equities.

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Oil fund continues discussions on entering private equity with new note on the asset class

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Oil fund closes its office in Shanghai

Oil fund's management warns: AI comes with risks of human rights violations and misinformation

NBIM CEO sees private equity as "potentially interesting"

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Front page now

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Swedish asset manager kicks off new fund with leading Nordic institution

More than one third of managers do not report ESG violations to Varma, despite shared values

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

BankInvest to optimize investment processes with new hire

World’s no. 1 stock owner calls out Big Oil as carbon levels go up

Nordics show clear appetite for new asset classes, BlackRock survey reveals

Storebrand growth fund gets new portfolio manager

Danish pension fund invests to support female entrepreneurship in Southeast Asia

28 Nordic investors in new alliance to engage companies on nature risk

Further reading

Wealthy Danske Bank customers are increasing investments in private equity funds

Swedish asset manager kicks off new fund with leading Nordic institution

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

BankInvest to optimize investment processes with new hire

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

Private equity investor to launch new fund targeting Nordic stock markets

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