Storebrand

Storebrand is a well-established financial services group based in Norway, founded in 1767. It operates primarily through two main subsidiaries: Storebrand Asset Management AS and Storebrand Bank ASA. Storebrand Asset Management focuses on investment management, handling over NOK 700 billion in assets, with a diversified portfolio that includes equities, real estate, bonds, and money market investments. The firm has extensive experience in private equity, having invested significantly for Nordic clients. Storebrand Bank provides a wide range of banking services, including savings accounts, home loans, consumer loans, credit cards, and insurance products, catering to both retail and corporate customers. The bank also offers digital banking solutions. Headquartered in Lysaker, Norway, Storebrand aims to deliver long-term savings and insurance services to its clients, reinforcing its commitment to financial stability and growth.

Odd Arild Grefstad

Chief Executive Officer

Karin Greve-Isdahl

Executive Vice President, Communications and Investor Relations

Jan Erik Saugestad

Executive Vice President, Asset Management

Lars Aa. Løddesøl

Group Chief Financial Officer

1 past transactions

Cubera

Acquisition in 2019
Cubera Private Equity is an investment firm based in Oslo, Norway, with additional offices in Stockholm, Sweden, and Guernsey, Channel Islands. Founded in 2006, the firm specializes in both direct investments, primarily focusing on buyouts, and fund of funds investments, particularly in secondary transactions in Nordic private equity funds. Cubera targets investments in growing or mature companies across various sectors, including industrials, restaurants, hotels, and leisure, with a preference for the Nordic region, specifically Denmark, Finland, Norway, and Sweden. The firm operates under a guideline that limits any single investor's ownership to a maximum of 15 percent in its funds. In February 2019, Cubera was acquired by Storebrand Asset Management, allowing it to operate as a separate entity while expanding its capabilities.