Press release as of 5th January 2017
Morten E. Astrup has bought Erik Mathiesen’s stake in Storm Capital Management, thus taking ownership of 100% of the company.
The buyout is part of a process where Storm Capital Management wants to focus its business and Erik Mathiesen will have availability to take directorships and involvement in energy and shipping, which remains the core of his expertise.
Management of Storm Bond Fund is not affected by the change, as Erik Mathiesen already in 2014 moved to Oslo and have since then not acted as portfolio manager, but worked on other Storm engagements after this. Einar Pedersen took over as general manager of Storm Real Estate ASA in autumn 2016.
For further information, please contact Morten E. Astrup on email@example.com