Selfinvest
Middelfart family-owned holding and investment company and family office of the Østergaard family; active owner of the USTC group and Selected Car Group.
USEFUL FOR Fund managers raising capital · Co-investors
Family & background
- FAMILY
- Østergaard
- WEALTH ORIGIN
- Shipping and bunkering (USTC, founded as Dan-Bunkering in 1981)
- HEADQUARTERS
- Middelfart, Denmark
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- ROUTES
- Direct investments · Funds (as LP)
- STRATEGIES
- Direct investmentsPublic equitiesReal estateFunds (as LP)
Overview
Selfinvest is a family-owned holding and investment company in Middelfart that acts as family office for the Østergaard family. It is the parent and active owner of the global USTC group, which grew out of Dan-Bunkering founded by Torben Østergaard-Nielsen in 1981, and of Selected Car Group. It has four business areas: Investments (multi-asset portfolio, partly with external managers), Real Estate, Hospitality and Finance. The family office set-up with CEO Mikkel Hammershøj dates from 2015.
Investment thesis
Manages the owner family's wealth by investing broadly and responsibly across asset classes, markets and time horizons, aiming for good, stable, risk-adjusted returns, while acting as active owner of USTC.
Holdings & investments (2)
- USTC (United Shipping & Trading Company)Industrial & Manufacturing · Owned; active ownership
- Selected Car GroupMobility & Logistics · Owned; active ownership
People
Classification
Family Holding. A family's holding company that owns stakes in several separate businesses or invests beyond its own group, without calling itself a family office. How family capital is classified →
FAQ
Selfinvest is a family holding based in Middelfart, Denmark.
Selfinvest invests on behalf of the Østergaard family (Shipping and bunkering (USTC, founded as Dan-Bunkering in 1981)).
Selfinvest invests directly in companies and in third-party funds as an LP. Its stated asset mix includes direct investments, public equities, real estate and funds (as lp).
Selfinvest invests in Real Estate & PropTech, Mobility & Logistics, Consumer & E-commerce and Climate & Energy.
Key people at Selfinvest include Torben Østergaard-Nielsen (Founder and Chairman of the Board), Mikkel Hammershøj (CEO), Simon Bjerrisgaard (CIO, Investments) and Nina Østergaard (CEO, USTC).
Selfinvest's holdings and investments include USTC (United Shipping & Trading Company) and Selected Car Group.
No. Selfinvest invests its own capital and does not raise money from outside investors.