AMWatch

Swedish Carneo buys Norwegian Holberg

Carneo acquires 70 percent of NOK 25bn (EUR 2.4bn) fund manager Holberg's shares.

Christoffer Folkebo, CEO at Carneo. | Photo: PR / Carneo

Swedish Carneo buys 70 percent of stocks at independent Bergen-based fund manager Holberg, which has NOK 25bn (EUR 2.4bn) in AUM.

The remaining 30 percent of shares will be owned by Holberg's employees. The price of Carneo's portion has not been made public.

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