Norfund Employee Directory
Venture Capital and Private Equity PrincipalsOslo, Norway201-500 Employees
Norfund is the Norwegian Investment Fund for developing countries, owned and funded by the Norwegian government as a tool to strengthen businesses that create jobs and reduce poverty in developing economies. It operates as a venture capital and private equity principal, investing equity or debt in private companies and projects on commercial terms as a responsible minority investor, and it emphasizes close collaboration with local partners. The firm maintains a regional presence in Sub-Saharan Africa with offices in Nairobi, Cape Town, and Accra, and also funds activities in parts of Asia and Latin America, with offices in Costa Rica and Bangkok; its headquarters are in Oslo, Norway. It pursues three investment mandates—Development (creating jobs and improving lives), Climate (supporting the transition to net zero), and Ukraine (reconstruction and a resilient economy)—with Development and Ukraine covering Renewable Energy, Financial Inclusion, Scalable Enterprises (Agriculture & Manufacturing and Investment Funds), and Green Infrastructure (Water and Waste management), and Climate focusing on Renewable Energy. Norfund is described as the government's most important instrument for developing countries, using local recruitment and partnerships to tailor solutions to the countries in which it invests. The organization has between 201 and 500 employees.