AMWatch

Analysis: PE refusal is another blow to Norway’s investment titan

For the fourth time, Norway’s oil fund has failed to get permission to invest in private equity. It is a blow to the fund’s chief executive, who has been criticized from the day he was hired. 
Flemming Højbo (right) writes analyses for AMWatch about the Nordic asset and wealth management sector. In this piece, he discusses the latest refusal of Norway's government to follow the request of the oil fund CEO, Nicolai Tangen, to invest in private equity. | Photo: PR / Jan Bjarke Mindegaard / NBIM
Flemming Højbo (right) writes analyses for AMWatch about the Nordic asset and wealth management sector. In this piece, he discusses the latest refusal of Norway's government to follow the request of the oil fund CEO, Nicolai Tangen, to invest in private equity. | Photo: PR / Jan Bjarke Mindegaard / NBIM
Af Flemming Højbo

“You need to be used to, and capable of, being unpopular,” Nicolai Tangen said some years ago. 

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