Norlantic Capital unveils cross-border platform for next-gen investors
By Gloria Methri
Norlantic Capital, a cross-border private markets firm, was established to provide next-gen private equity investors—European and U.S. high-net-worth individuals, wealth managers, and family offices—diversified access to diversified, and fast-growing markets in the world.
The firm offers investors access to top-tier private equity managers through its broadly diversified fund complemented by its direct investment strategies.
Tharald Sund Fongaard, a Norwegian who has spent most of his professional career investing in the U.S. middle market, founded the firm in 2023. Norlantic’s cross-border platform is supported by its strong Norwegian partners: The Blystad Group, a major family office and Ness, Risan & Partners, a leading alternative asset manager. The firm has offices in New York and Oslo.
“I am excited to execute on our U.S. middle market-centric investing strategy that is focused on providing investors a well-diversified portfolio of investments by partnering with the leading managers in the market today,” said Tharald. He went on to note that “we are especially bullish about the enormous and highly resilient U.S. middle market, which includes over 200,000 capital-hungry family and founder-led companies where private equity penetration is only about 5%.”
Fredrik Platou, CEO of the Blystad Group, is confident that the timing is right to offer a broadly diversified entry point to private equity investment. “Our experience tells us that this strategy offers next-gen investors, in particular, a relatively conservative way to gain foundational exposure in what is today the best-performing asset class,” he said.
Ragnvald Risan, Managing Partner at Ness, Risan & Partners expressed his excitement to partner with Norlantic to invest in the U.S. middle market. “We devote substantial time and resources to identify unique investment opportunities and our significant commitment to Norlantic Capital’s inaugural fund underscores our strong conviction with their investment strategy. We believe this partnership holds great promise for building a scalable investment platform to give global investors access to the ever-expanding private markets opportunity set.”
IBSi Daily News Analysis
February 23, 2024
Alternative Asset Management
Regulated firms battle surge in financial crime attempts, research revealsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage