News

Government Pension Fund Norway, managed by Folketrygdfondet, recorded a profit of NOK 27 billion in 2024, corresponding to a return of 7.6%. At the end of the year, the fund's capital stood at NOK 381 billion.

In June 2024, the Norwegian Parliament passed the law establishing Statens fond i Tromsø. Now, the new fund has welcomed its first three employees and opened its office in Tromsø.

The fund will invest in Nordic listed stocks not included in the reference index of the Government Pension Fund Norway. The fund's management capital is estimated to be between 15-30 billion Norwegian kroner.

Aleksander Lee Olsen (33) will assume the role of Communications Director on January 2, 2024, becoming a part of the executive team.