Posted on: January 5th, 2017

PRESS RELEASE

London, 5 January 2017

Morten E. Astrup has bought Erik Mathiesen's stake in Storm Capital Management, thus taking ownership of 100% of the company.

The buyout is part of a process where Storm Capital Management wants to focus its business and Erik Mathiesen will have availability to take directorships and involvement in energy and shipping, which remains the core of his expertise.

Management of Storm Bond Fund is not affected by the change, as Erik Mathiesen already in 2014 moved to Oslo and have since then not acted as portfolio manager, but worked on other Storm engagements after this. Einar Pedersen took over as general manager of Storm Real Estate ASA in autumn 2016.

For further information, please contact Morten E. Astrup on morten@stormcapital.co.uk

Press release 5 January 2017

Storm Real Estate ASA published this content on 05 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 January 2017 14:38:02 UTC.

Original documenthttp://stormcapital.co.uk/blog/storm-capital-management-ltd-press-release-5-january-2017/

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