AMWatch

Norwegian oil fund CEO appoints special advisor

The Norwegian sovereign wealth fund CEO Nicolai Tangen has picked his new right-hand man from the fund's own ranks to advise on unlisted investments.

"I am pleased to get Karsten [Kallevig, -ed] into a more strategic role. Throughout the last ten years, he has built op a high-quality real estate organization and adds his valuable investment experience for the future benefit of the fund, writes Nicolai Tangen, chief executive of the Norwegian sovereign wealth fund, in the media release. | Photo: Tony Colli/PR

"I am pleased to get Karsten [Kallevig, -ed] into a more strategic role. Throughout the last ten years, he has built op a high-quality real estate organization and adds his valuable investment experience for the future benefit of the fund, writes Nicolai Tangen, chief executive of the Norwegian sovereign wealth fund, in the media release.

Kallevig has prior experience chief investment officer for real estate at Norges Bank Investment Management (NBIM) and also served as chief executive officer of Norges Bank Real Estate Management (NBREM).

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