Smedvig

The history of the Smedvig family’s operations demonstrates an excellent track record in managing businesses. The benchmark for the Smedvig Family Office will be to build and operate an investment portfolio that is robust and will perform very well compared to its peers. The objective is to secure and grow the wealth of current and future generations of the Smedvig family; hence the time-horizon for the investments is long.

Smedvig Family Office manage a portfolio of investments run by in house management teams for property, private equity and episodic investments, in competition with the best managers available within the same asset classes. Smedvig Asset Allocation AS manages the family’s cash, fixed income, mutual funds, hedge funds and non domestic property funds.

The Family Office portfolio will focus on capital growth, while at the same time optimizing risk to avoid permanent loss of capital and ensuring long term capital preservation. Total asset under management is approximately NOK 10 billion.