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FENRIR is a Investment Fund Manager (AIFM) founded by Olav Henrik Trent, operating with authorization from the Financial Supervisory Authority of Norway (Finanstilsynet), the Financial Conduct Authority (FCA) in the United Kingdom, and other relevant regulatory applicable jurisdictions.

FENRIR commands substantial investment capacity of up to NOK 5 billion per fund, strategically positioning the firm to execute a comprehensive range of sophisticated investment strategies on behalf of institutional and sophisticated investors.

Visionaries at FENRIR meticulously curate portfolios comprising transformative, unique, and hard-to-access companies across public markets, private equity, and credit sectors. By leveraging deep industry insight and rigorous analysis, FENRIR empowers investors to pursue their financial objectives with confidence—whether their focus is on traditional wealth accumulation or on responsible, impact-driven investing. This approach ensures that each portfolio not only seeks superior returns but also aligns with the evolving values and ambitions of our clients.

By delivering essential growth capital, strategic guidance, and operational support, FENRIR empowers unique portfolio companies to achieve market dominance. Central to FENRIR’s strategy is the conviction that the convergence of technology, innovation, and strategic consolidations will define the future of evolution over time.

FENRIR’s comprehensive risk management framework and robust infrastructure underpin its diversified approach, capturing opportunities across sectors while maintaining alignment with core objectives. FENRIR is both nimble and impactful—well-positioned to navigate the complexities of today’s investment landscape and deliver consistent dividends or reinvestment opportunities to our investors.

What truly distinguishes FENRIR is its ability to identify and time opportunities before the herd—FENRIR moves decisively while others follow, based on historic events. The result is a perpetual engine of value creation, driven by expertise, vision, and a relentless pursuit of excellence that will continue to define FENRIR’s legacy in the global investment landscape for generations to come.

Karl Johans Gate 37
‍
Oslo, Norway

FENRIR AS is an Alternative Investment Fund (AIF) registered and regulated by the Financial Supervisory Authority of Norway (Finanstilsynet) under the Norwegian Alternative Investment Fund Act. TRENT KAPITAL AS, also registered with Finanstilsynet, serves as the fund's authorized Alternative Investment Fund Manager (AIFM). FENRIR AS operates exclusively for professional investors, as defined by applicable Norwegian and EU regulations, including the Alternative Investment Fund Managers Directive (AIFMD) and MiFID II. Professional clients under MiFID II include entities meeting at least two criteria: (i) balance sheet €20 million, (ii) net turnover €40 million, (iii) own funds €2 million; and individuals meeting at least two criteria: (i) portfolio value €500,000, (ii) 10+ significant transactions quarterly over 4 quarters, (iii) relevant professional experience in financial sector. FENRIR AS is not marketed to, nor suitable for, retail investors. This website provides general information about FENRIR AS and its affiliates ("the Companies"), including TRENT KAPITAL AS, and FENRIR GENERAL PARTNER AS (Norway), OLAV LIMITED, FENRIR GLOBAL LIMITED, FENRIR FUND MANAGEMENT LIMITED, and GRAND GENERAL PARTNER LIMITED (UK entities). This website constitutes general information only and does not constitute marketing material within the meaning of AIFMD. Any marketing of FENRIR funds to professional investors requires separate documentation, investor verification procedures, and compliance with applicable private placement regulations. The content herein does not constitute an offer, solicitation, or invitation to invest in FENRIR AS, its affiliates, or any related investment vehicles, nor does it represent investment, legal, tax, or financial advice. No information on this website should be interpreted as a recommendation to buy, sell, or hold any security, financial product, or investment, nor shall it be relied upon as the basis for any investment decision. This website does not address or resolve disputes related to employment, business relationships, or operational matters involving FENRIR AS, TRENT KAPITAL AS, or their affiliates. Any such disputes must be addressed through appropriate legal channels and are not governed by the content or terms of this website. Access to FENRIR AS and its investment opportunities is restricted to eligible professional investors—such as pension funds, family offices, and ultra-high-net-worth individuals—who meet the criteria outlined in the Norwegian Alternative Investment Fund Act and applicable regulations. Any potential investment in FENRIR AS or its affiliates may only be made through a confidential offering memorandum or similar documentation, delivered exclusively by authorized representatives of FENRIR, and subject to the terms and conditions therein. This website does not form part of any such offering materials. Prospective investors must rely solely on the confidential offering memorandum and their own due diligence. Investments in alternative assets, including public markets, private equity, and credit, involve significant risks, including the potential loss of principal, market volatility, illiquidity, and regulatory changes. Past performance of FENRIR or its affiliates is not indicative of future results, and no representation is made that any investment will achieve specific outcomes or avoid losses. Prospective investors should conduct their own due diligence and consult independent professional advisors before making investment decisions. The information on this website is provided for illustrative and informational purposes only, based on data available, and is subject to change without notice. FENRIR AS, TRENT KAPITAL AS, their affiliates, and their respective officers, directors, employees, and agents, including Olav Trent (collectively, "the Companies"), reserve the right to modify, update, or remove any content at their sole discretion, without liability. The Companies make no representations or warranties, express or implied, regarding the accuracy, completeness, or timeliness of the information presented and disclaim liability for any errors, omissions, or damages arising from its use, including but not limited to direct, indirect, incidental, consequential, special, or punitive damages, such as loss of profits, data, or goodwill, even if advised of the possibility of such damages. Users acknowledge that they rely on the information at their own risk and that the Companies shall not be liable for any claims of misrepresentation, fraud, or negligence arising from the use of this website. This website may contain links to third-party websites or content. The Companies do not endorse, control, or assume responsibility for such third-party content, and users access it at their own risk. The Companies shall not be liable for any damages arising from the use of third-party content. This website is intended for use by persons in jurisdictions where such access complies with local laws. It is not directed at individuals or entities in jurisdictions where the promotion or availability of the Companies' services is prohibited, including other jurisdictions where the Companies are not registered to offer investment services. Users in such jurisdictions access the website at their own risk and are solely responsible for compliance with local laws. The Companies operate in accordance with Norwegian and, where applicable, other regulatory frameworks, including oversight by Finanstilsynet and relevant authorities for affiliated entities. Data Protection and Privacy Rights: The Companies collect and process limited personal data (e.g., contact information) submitted via this website solely for legitimate business purposes, such as responding to inquiries from professional investors. Data is handled in compliance with Norwegian data protection laws and the General Data Protection Regulation (GDPR). We do not share personal data with third parties unless required by law. Data subjects may exercise rights under GDPR including access to personal data (Article 15), rectification of inaccurate data (Article 16), erasure where legally permissible (Article 17), data portability (Article 20), and objection to processing (Article 21). For data protection inquiries, contact: invest@fenrir.ch. All content on this website, including text, graphics, and logos, is the property of the Companies, protected by copyright © 2025 (FENRIR Fund Management Limited). Unauthorized use, reproduction, or distribution is prohibited. Any disputes arising from the use of this website shall be governed by the laws of Norway, without regard to conflict of law principles, and shall be resolved exclusively through arbitration in Oslo, Norway, in accordance with the rules of the Norwegian Arbitration Association. By accessing this website, you waive any right to litigate disputes in court. If any provision of this disclaimer is found to be invalid or unenforceable, the remaining provisions shall continue to be valid and enforceable to the fullest extent permitted by law. By accessing this website, you agree to be bound by this disclaimer. If you do not agree, please exit immediately. For inquiries, contact FENRIR at Karl Johans Gate 37, Oslo, Norway, through authorized channels only. Unsolicited inquiries regarding investment opportunities will not be considered.