Nordic Development Fund Overview

  • Type
  • Economic Development Agency

  • Year Founded
  • 1988

Year Founded

  • Professionals
  • 5

Professionals

  • AUM
  • 00000

  • Commitments
  • 11

Nordic Development Fund General Information

Description

Nordic Development Fund (NDF) is an economic development agency based in Helsinki, Finland. Established in 1988, the firm is a multilateral joint development finance institution of the five Nordic countries Denmark, Finland, Iceland, Norway, and Sweden. The objective of NDF's operations is to facilitate climate change investments in low-income countries. NDF finances in cooperation with bilateral and multilateral development institutions. The fund's board of directors makes all grant decisions, while the control committee oversees that the operations are conducted in accordance with the statutes. The assets of the agency are managed by the board of directors.

Contact Information

Website
www.ndf.int
Year Founded
1988
Commitment Size
00000
Open To Secondaries
0000
Open To First Time Funds
00000
Institution Type
Economic Development Agency
Primary Contact
0000 000000
Title
Manager, Financial Administration
Phone
+000 (0)00 000 0000
Corporate Office
  • Fabianinkatu 34
  • P.O. Box 185
  • 00171 Helsinki
  • Finland
+358 010 000000

Nordic Development Fund Commitments (11)

Fund Name Fund Manager Fund Location Vintage Fund Size Commitment Date Commitment
000000 00 00000 0000 Cygnum Capital London, United Kingdom 2022 00000 0000
00000000000000 00000000 BlueOrchard Finance Zurich, Switzerland 2022 0000 000.00
0000000000 0000000 0000 Lightsmith Group New York, NY 2020 00000 0000-00-00
000-0000 000000 0000 African Development Bank Abidjan, Ivory Coast 2020 0000 0000-00-00
000000 0000000000 0000 Mekong Capital Ho Chi Minh City, Vietnam 2006 0000 0000-00-00
You’re viewing 5 of 11 commitments. Get the full list »

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Nordic Development Fund Commitment Analytics

PitchBook’s data visualizations help you see a limited partner’s commitments—showing a breakdown of activity by fund type and region, complete with performance metrics.

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Commitments by Fund Type
Commitments by Fund Type
Commitments by Region
Commitments by Region

Nordic Development Fund Investment Allocations

PitchBook provides insight into a limited partner’s preferred investments, including actual and target allocations by strategy, secondary market preferences and interest in first-time funds.

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  • Target PE:
    Current PE:
    42.00 %  Actual
  • Target Real Estate:
    Real Estate:
    42.00 %  Actual
  • Target Equities:
    Current Equities:
  • Target Fixed Income:
    Fixed Income:
  • Target Cash:
    Current Cash:
Investment allocations

Nordic Development Fund Team (13)

Name Title Office
Leena Klossner Deputy Managing Director, Head of Strategy, Outreach & Communications Helsinki, Finland
Mats Slotte Manager, Financial Administration Helsinki, Finland
Karin Isaksson Managing Director Helsinki, Finland
Satu Santala Managing Director Helsinki, Finland
Terhi Mäkinen Partner of Ernst & Young Oy, Auditor Helsinki, Finland
You’re viewing 5 of 13 team members. Get the full list »

Nordic Development Fund Board Members (17)

Name Representing Role Since
Anders Ørnemark Self Board Member 000 0000
Anna Merrifield Self Board Member 000 0000
Anne Bjelland Self Chairwoman of the Board of Directors 000 0000
Benedikt Höskuldsson Self Board Member 000 0000
Henrik Bergquist Self Deputy Chairman of the Board of Directors 000 0000
You’re viewing 5 of 17 board members. Get the full list »

Nordic Development Fund FAQs

  • When was Nordic Development Fund founded?

    Nordic Development Fund was founded in 1988.

  • Where is Nordic Development Fund headquartered?

    Nordic Development Fund is headquartered in Helsinki, Finland.

  • How many Assets Under Management (AUM) does Nordic Development Fund have?

    Nordic Development Fund has 00000 in assets under management.

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