Stefnir
Borgartúni 19, Reykjavík, Gullbringusysla, 105, Iceland
Overview
Stefnir is a fund management company with assets of about ISK 330 billion under active management. Stefnir caters to both retail and professional clients with the aim of managing its clients' assets as best serves their interests. The company was founded in 1996 and its employees possess on average around 10 years’ experience in the financial market. Stefnir has about 20 specialists in four teams managing a diverse collection of mutual, investment and institutional investment funds. The company also manages assets of several limited partnerships that have been established around private equity investments in well known Icelandic companies. The company has from the beginning been at the forefront of the development of new types of funds, both for retail and professional clients. In developing and managing its funds, Stefnir primarily focuses on the interests of its clients, and achieves its aims through vigilance, a clear perspective, and sound professional knowledge. Stefnir is a wholly-owned subsidiary of Arion bank.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Financial Services
- FinTech
Investment portfolio
- Verne Global
Participated · Equity · Jun 2020
Verne Global, a subsidiary of Reykjavik-based Verne Holdings, is building a 44-acre wholesale data center campus in Keflavik, Iceland that relies on the country’s abundant geothermal and hydroelectric resources to deliver 100% renewable power and free year-round cooling. By situating the facility on a former NATO Command Centre, the company aims to combine robust infrastructure with a markedly lower carbon footprint than traditional data centers. Its offering targets enterprises seeking sustainable, cost-efficient colocation capacity. The current project is designed to be completely carbon neutral, emphasizing energy efficiency and environmental responsibility. An equity investment from the Wellcome Trust will fully fund completion of the campus’s first phase, giving the company the capital required to bring initial capacity online. Existing backers include General Catalyst and Novator, which underscores continuing venture support for the project. No operating metrics such as revenue or customer count were disclosed in the article.
Team
No current team members are available.