Norfund

Norfund is a Norwegian government organization founded in 1997, based in Oslo, that focuses on reducing poverty and enhancing economic development in low-income countries. It serves as an active, strategic minority investor, providing risk capital, equity, and loans to businesses in regions where access to financing is limited. Primarily operating in Sub-Saharan Africa, as well as selected areas in Southeast Asia and Central America, Norfund aims to foster sustainable business growth in environments where the private sector is underdeveloped. The organization also invests in small and medium-sized enterprises (SMEs) to further support local economic initiatives. Through its investments, Norfund seeks to create a significant positive impact on the economies of the countries it targets.

Fay Chetnakarnkul

Investment Director, Head of Asia Region

Carlos Escobar

Senior Investment Manager, Financial Institutions

Finn Marum

Executive Vice President

Athivadee Panuvatvanich

Investment Associate

Kjell Roland

Managing Director and CEO

Lisa Huun Thomsen

Senior Investment Manager, Clean Energy

Tellef Thorleifsson

CEO

Past deals in Bangladesh

BRAC Bank

Private Equity Round in 2010
BRAC Bank Limited provides various commercial banking products and services in Bangladesh. The company offers retail, wholesale, small and medium enterprises (SME), and Probashi banking products and services. It provides various deposit products, such as current accounts, fixed deposits, SME deposits, savings accounts, and term deposits. The company also offers loan portfolio comprising personal loans, auto loans, home loans, and secured loans/overdrafts.
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