Alternative Funds 2025

NORWAY Trends and Developments

Trends and Developments Contributed by: Daniel Nygaard Nyberg, Ole Andenæs, Karoline Ulleland Hoel and Jens Fredrik Bøen Wikborg Rein Advokatfirma AS

Wikborg Rein Advokatfirma AS is one of Norway’s largest law firms. In 100 years, the firm has grown from being a maritime law firm to becoming one of Norway’s largest full-service business law firms, with legal services in all core Norwegian industry sectors. The firm’s headquarters are located in Oslo and it has offices in Bergen, Stavanger, London, Singapore and Shanghai. Wikborg Rein’s asset management and fi - nancial regulatory team has extensive experience in advising a diverse range of Nordic and international

asset managers (both regulated and unregulated, in - cluding fund managers, family offices, corporate ven - tures, investment firms and institutional investors), in addition to advising a wide range of other regulated companies in the financial sector, including clients within banking, insurance, securities trading, etc. Drawing on practical experience from in-house roles within various financial institutions, the team delivers practical, commercial and pertinent advice tailored to clients’ unique business needs.

Authors

Daniel Nygaard Nyberg heads the asset management department at Wikborg Rein. In his practice, he assists clients with fund establishment (including private equity, venture capital, real estate

Ole Andenæs heads Wikborg Rein’s financial regulations practice, and has comprehensive experience advising all types of regulated entities – eg, investment firms, managers of UCITS and AIFs, banks, insurance/pension

funds, fund of funds, etc), negotiation of fund agreements, tax and structuring of funds, investments by the investment team, co-investments and underlying acquisition structures. He represents institutional investors in investments and in the purchase and sale of fund interests in Europe and the USA. He has led several major acquisition and merger processes at management company level. Daniel also regularly assists with the establishment of incentive schemes.

firms and payment services/fintech companies. He has led processes before the Norwegian Financial Supervisory Authority, advising in licensing matters, and in connection with contentious cases related to administrative sanctions within the areas of AML, MAR, shareholding disclosure and short selling. He previously worked as head of legal in Carnegie AS, and has in-depth and practical knowledge of the regulatory framework and adjacent regulations surrounding investment firms, asset managers and investor behaviour.

230 CHAMBERS.COM

Powered by