Det Obelske Familiefond
Also known as Obel Family Foundation
Danish commercial foundation set up in 1956 by Asta Obel; owns the investment company C.W. Obel and property firm C.W. Obel Ejendomme, and gives DKK 135–150m a year to charity.
USEFUL FOR Co-investors
Family & background
- FAMILY
- Obel
- WEALTH ORIGIN
- C.W. Obel tobacco business founded in Aalborg (tobacco factory from 1787, renamed C.W. Obel in 1828)
- HEADQUARTERS
- Copenhagen, Denmark
- FOUNDED
- 1956
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- SECTORS
- Climate & EnergyFood & AgricultureHealthTechIndustrial & ManufacturingMedia & EntertainmentFintechReal Estate & PropTechConsumer & E-commerce
- ROUTES
- Companies (own capital)
- STRATEGIES
- Direct investmentsReal estate
Overview
Det Obelske Familiefond was founded in 1956 by Asta Obel to develop the Obel family business, which began as a tobacco factory in Aalborg in 1787. The group consists of the foundation, the investment company C.W. Obel and the property company C.W. Obel Ejendomme, described as three separate units focused on grants, investments and property. Group profits fund annual grants of DKK 135–150 million to contemporary art and classical music, social causes and North Jutland institutions. C.W. Obel holds a 35% stake in Skandinavisk Holding, the owner of a majority of Scandinavian Tobacco Group.
Holdings & investments (1)
INVESTMENT ARMS & VEHICLES
- C.W. ObelInvestment company in the Obel group (handles investments)
- Owns, develops and manages residential and commercial property; profits fund the foundation's grants
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- Skandinavisk HoldingNOTABLEMinority stake (35%) held through C.W. Obel
People
- Gustav MellentinChairman of the Board of Directors · source
- John Amund TønnesDirector · source
- Christian Theodor KjølbyeBoard Member · source
- Morten HesseldahlBoard Member · source
- Mette Kirstine AggerBoard Member · source
- Nina Eg HansenBoard Member · source
- Jesper MailindBoard Member · source
Frequently asked questions
Det Obelske Familiefond is a family holding based in Copenhagen, Denmark, founded in 1956.
Det Obelske Familiefond invests on behalf of the Obel family (C.W. Obel tobacco business founded in Aalborg (tobacco factory from 1787, renamed C.W. Obel in 1828)).
Det Obelske Familiefond invests its own capital into companies. Its stated asset mix includes direct investments and real estate.
Det Obelske Familiefond invests in Climate & Energy, Food & Agriculture, HealthTech, Industrial & Manufacturing, Media & Entertainment, Fintech, Real Estate & PropTech and Consumer & E-commerce.
Key people at Det Obelske Familiefond include Gustav Mellentin (Chairman of the Board of Directors), John Amund Tønnes (Director), Christian Theodor Kjølbye (Board Member) and Morten Hesseldahl (Board Member).
Det Obelske Familiefond's holdings and investments include Skandinavisk Holding.
No. Det Obelske Familiefond invests its own capital and does not raise money from outside investors.