Olav Trent
Founding Partner
Chief Executive Officer
trent@fenrir.fund
+47 94444 xxx

Olav Trent is a entrepreneur, investor, and financial professional who is making significant contributions to the Norwegian and global financial landscape. As the founder and CEO of TRENT AS, an Alternative Investment Fund Manager, and the managing director of the Norwegian domiciled investment fund, FENRIR AS.
Trent has demonstrated his exceptional ability to navigate complex financial markets and deliver superior long-term performance.

FENRIR's strategy is tailored to the Norwegian context, focusing on identifying, nurturing and consolidating high-potential private companies. "Our expertise in business development and fundamental analysis allows us to excel in a market where personal relationships and local knowledge are crucial.
We're not just investing; we're actively shaping the future of Norwegian innovation."- Trent explains.
This hands-on approach sets FENRIR apart in a landscape where over-leveraged passive investing and margins given in public markets often dominate the conversation.

Trent's investment philosophy is rooted in a multi-faceted approach that encompasses engaging and allocating capital across various investment horizons.
His strategies are characterized by a keen eye for opportunistic reversion patterns, adaptive proactive signals, and relative value options & hedges.
This comprehensive approach has enabled Trent to consistently outperform the market and generate substantial returns for his investors.

One of the most remarkable achievements in Trent's impressive career was his role as a licensed hedge fund manager at the age of 27 for the Norwegian Rex Fund, managed by Olav Limited & Trent Investor Limited registered in London, United Kingdom. Under his leadership, the hedge fund achieved extraordinary success, ranking first on the Bloomberg hedge funds index that domiciled from Norway in 2022. The fund's performance was nothing short of exceptional, delivering a staggering total return of 42.63% over one year with a standard deviation of 11.55%.
This achievement showcased Trent's unparalleled ability to generate high returns while effectively managing risk, solidifying his reputation as a top-tier fund manager.

Check out www.trentx.com for more information

Trent's journey, however, has been and continues to be marked by significant challenges.
Following the loss of close family members, he made the difficult decision to wind down the fund's operations, marking a significant turning point in his career.
This personal and professional transition led Trent to pivot towards professional financial journalism, where he leveraged his extensive knowledge of the Norwegian & Global financial markets
to become a regular contributor to Norway's most prestigious financial publications, Dagens Næringsliv & Finansavisen.
As a daily newspaper columnist, Trent shared his insights and analysis on global interest rates, collaborating with multiple senior economists to provide valuable perspectives to a broader audience.
This new role allowed Trent to demonstrate his adaptability and establish himself as a respected voice in financial commentary.

Currently, Olav Trent and his team at TRENT are engaged in writing a groundbreaking scientific white paper in collaboration with Finansmarkedsfondet.
The paper focuses on the development of an Artificial Intelligence enhanced Database for private equity investments within Norway. By harnessing the power of machine learning algorithms & advanced data analytics, Trent believes that TRENT's financial institution, along with its employees and partners, can make more informed decisions, better & faster. This innovative approach has the potential to transform the landscape of financial information in TRENT's favor, offering enhanced capabilities in risk assessment and optimal capital distribution over time.
The ultimate goal is to drive improved portfolio performance and strengthen risk mitigation strategies, positioning TRENT at the forefront of the industry.

Trent's expertise extends beyond his investment acumen. His fluency in Norwegian and English, combined with his expert proficiency in using multiple data tools such as Bloomberg and more,
further enhances his ability to make informed investment decisions and provide valuable, actionable, and strategic insights.
Trent's educational background is equally impressive, having attended boarding schools in South Africa and the Norwegian Business School, as well as pursuing additional studies in financial journalism, and classes at Wharton.
This diverse educational foundation has equipped Trent with a unique perspective and a well-rounded skill set that sets him apart in the industry.

As the investment landscape continues to evolve, FENRIR, under Trent's leadership, is positioning itself as an ambitious key player in Norway's private markets.
Trent recognizes the untapped potential in Norway's fragmented market, where hidden gems often go overlooked by larger funds. With a substantial investment capacity of 5 billion NOK, FENRIR is nimble enough to seize opportunities quickly while still having the scale to make a significant impact.

Trent emphasizes the importance of basket options that Goldman Sachs, our Prime Broker offers, explaining;
"We will often use customized baskets of public equities to mirror our private portfolio's risk profile.
This allows us to hedge against broader market or sector-specific risks without perfect one-to-one proxies for our private holdings."
He also highlighted the value of barrier options, stating, "These instruments activate only when certain price levels are reached, providing a cost-effective way to protect downside risk that aligns with our investment thresholds."

Trent emphasizes, "Anyone with a WiFi connection can buy over-leveraged public shares, but private markets require a deeper level of engagement, network, and expertise."

The value proposition of FENRIR extends beyond mere capital allocation.
Trent and his team take on the complex task of navigating private markets daily, allowing their clients to benefit from their expertise without the burden of direct involvement.
Success in this arena, as Trent notes, is not just about capital; it's about creating real value, fostering innovation and creativity, and building lasting relationships across the entire spectrum of business.

Despite his numerous achievements and minor setbacks, Olav Trent remains humble and dedicated to his craft. He is known for his hands-on approach, working closely with portfolio managers, growth partners, investment analysts, employees and C-level executives to construct portfolios, build businesses, and manage risk.

By focusing on a carefully curated portfolio of scientific thesis-driven private investments, FENRIR offers its clients exposure to potentially lucrative opportunities that are often inaccessible to the average investor.
This targeted approach, combined with the agility and leanness that comes with a focused investment strategy, sets FENRIR apart from its competitors.
Eiric Skaaren
Partner
Directoreiric@fenrir.fund
+47 94444 xxx
Eiric is an exceptional talent who brings an impressive combination of legal expertise, financial acumen, and operational experience to his role as Director at FENRIR. With a Master of Laws (LL.M) from the University of Oslo and a Bachelor in Management from BI Sandvika Business School, Eiric possesses a solid academic foundation that underpins his comprehensive understanding of financial markets and investment strategies.

Eiric's career spans over two decades in asset management, operations, sales, investments, and exits, with a particular focus on developing growth companies across various industries. His experience from leadership positions in companies such as NVOI Securities, ABB, and Siemens Energy has provided him with unique insights into complex financial transactions and strategic business development. This background makes Eiric exceptionally well-equipped to lead FENRIR's investor distribution and contribute to the fund's growth strategy.

As Director at FENRIR, Eiric will play a pivotal role in expanding the fund's investor base and strengthening relationships with high-net-worth individuals, family offices, and institutional investors. His ability to analyze market trends, identify new business opportunities, and create compelling investments will be crucial to FENRIR's continued success.

Eiric's extensive network within the Nordic investment community, combined with his strong analytical skills and experience in financial modeling, positions him as an invaluable asset for FENRIR AS in their mission to shape the future of investment management in Norway and internationally.
x
Partner
Portfolio Managerxxx@fenrir.fund
+47 94444 xxx
This seasoned investor and company builder boasts an impressive track record in private equity and growth investments. As a partner in a prominent investment firm, he played a pivotal role in expanding the company's assets under management from €1 billion to €8 billion, while simultaneously increasing annual capital deployment from €50 million to €500 million.

With a background spanning from entrepreneurship to leadership roles in established companies, this individual brings a unique combination of entrepreneurial insight and structured management experience. His success in building an operational expert group, implementing data-driven solutions for portfolio monitoring, and developing robust investment processes demonstrates his ability to create sustainable growth and value.

Recognized as one of the leading figures in private equity, including accolades such as "Top 5 Private Equity COO" and "40 under 40 in Private Equity", this professional's status as an industry leader is well-established. His extensive network, strategic insight, and proven ability to navigate complex transactions and market conditions make him an invaluable asset to any organization.

Currently on a mandated break from his previous position, this individual's expertise in scaling businesses and achieving significant results positions him as a highly valuable resource for future endeavors. His comprehensive experience in company building, operational improvement, and value creation across various sectors and investment stages will undoubtedly strengthen any organization's position and accelerate its growth ambitions.
x
Partner
Growthxxx@fenrir.fund
+47 94444 xxx
This Norwegian finance professional will join FENRIR as a tier-1 Growth Partner, bringing experience from leading corporate venture houses in Norway.

With a career spanning over a decade in the venture capital and private equity sectors, this individual has established herself as a formidable force in the Nordic investment landscape.

Prior to joining FENRIR, she played a pivotal role in one of Norway's most prominent corporate venture firms, where she lead investments in high-growth technology companies across various sectors, including fintech, cleantech, and digital health. Her strategic vision and hands-on approach have resulted in several successful exits, including one unicorns within the last three years.

Known for her ability to identify disruptive technologies and scalable business models, this Growth Partner has a proven track record of nurturing startups from early-stage investments to market leaders. Her expertise in deal structuring, due diligence, and post-investment value creation has consistently delivered above-market returns for investors.

At FENRIR, she will leverage her extensive network and deep industry insights to drive the fund's growth strategy, focusing on identifying and nurturing the next generation of Norwegian champions. Her approach combines rigorous financial analysis with a keen understanding of emerging market trends, positioning FENRIR at the forefront of innovative investment opportunities.