Smedvig
Stavanger single family office of the Smedvig family (USD 2.4bn AUM) investing in real estate, venture capital, private equity funds, hedge funds and fixed income.
USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors
Family & background
- FAMILY
- Smedvig
- WEALTH ORIGIN
- Shipping and canning from 1915, later tankships, oil rigs and offshore drilling (exited 2006)
- HEADQUARTERS
- Stavanger, Norway
- OFFICES
- London
- FOUNDED
- 2006
- AUM
- $2.4B (2026)
Investment approach
- GEOGRAPHY
- Global
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Real estateVenture capitalPrivate equityFunds (as LP)Public equitiesHedge funds
Overview
Smedvig describes itself as a family office, in the family business since 1915 and with the fourth generation in charge; it reports USD 2.4bn of assets under management, with offices in Stavanger and London. The family's wealth began in shipping and canning and later in tankships and offshore drilling; it set up Smedvig Capital Ltd in London in 1996 and established Smedvig Family Office in 2006 after exiting drilling. It invests directly and through funds in property, venture capital (Smedvig Ventures), private equity and venture funds, real assets, and global long-only, hedge and fixed-income funds. Anna Margaret Smedvig became majority owner in 2016.
Holdings & investments
INVESTMENT ARMS & VEHICLES
- London manager of the family office's private equity fund investments and of Smedvig Ventures (B2B tech, €4-8m tickets)
- Smedvig Investment Management ASManages investments in global fund managers (long only, hedge funds, fixed income); licensed AIFM since July 2020
- Smedvig EiendomProperty development and management in the Stavanger region, Hamar, Lillehammer and the UK
People
- Klaus De VibeCIO · source
- Kristin I. Duun NorbergInvestment Manager · source
- Kjetil HollundCIO, Smedvig Investment Management AS · source
- Alistair CairnsTeam lead, private equity and venture funds (Smedvig Capital Ltd) · source
- Jon LernerTeam lead, Smedvig Ventures · source
- Beatrice H. Millicent HollondChair · source
- Anna Margaret SmedvigVice Chair · source
- Marit SalteCEO · source
- Bernt Olav ØvstebøCFO · source
- John Thore OlsenCRO · source
- Odd TorlandSenior advisor · source
- Cecilie W. MelbyeCEO, Property (Smedvig Eiendom) · source
Frequently asked questions
Smedvig is a single family office based in Stavanger, Norway, founded in 2006.
Smedvig invests on behalf of the Smedvig family (Shipping and canning from 1915, later tankships, oil rigs and offshore drilling (exited 2006)).
Smedvig invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes real estate, venture capital, private equity, funds (as lp), public equities and hedge funds.
Smedvig invests in Real Estate & PropTech and Software & SaaS.
Key people at Smedvig include Beatrice H. Millicent Hollond (Chair), Anna Margaret Smedvig (Vice Chair), Marit Salte (CEO) and Bernt Olav Øvstebø (CFO).