Ferd (company)

Ferd Holding

Type	Private
Industry	Holding
Founded	2001[1]
Headquarters	Bærum, Norway
Area served	Norway
Key people	Johan H. Andresen jr. (CEO) Grace Skaugen (Chairman)
Revenue	NOK 6,602 million (2006)
Operating income	NOK 1,192 million (2006)
Net income	NOK 985 million (2006)
Owner	Johan H. Andresen jr.
Number of employees	37
Subsidiaries	Swix Elopak
Website	www.ferd.no

Ferd is a Norwegian holding company which holds partial ownership in companies within industry and finance as well as a real estate portfolio. The company has 37 employees and is owned by Johan H. Andresen and his two daughters Katharina and Alexandra;^[2] it was established in 2001. The group also has a number of venture and private equity holdings.

The company's name ferd is a Norwegian word meaning journey.

Business

The company operates in several business areas including:

• Ferd Capital and Ferd Invest, an investor in private and public companies in Norway making investments from the company's balance sheets
• Ferd External Managers, a fund of funds making investments in hedge funds, private equity funds and mutual funds
• Ferd Real Estate, manages approximately 70,000 square meters of real estate
• Herkules Capital (formerly Ferd Private Equity) makes private equity investments

History

The company was founded in 2001, when Tiedemanns-Joh. H. Andresen DA and Hartog & Co AS were merged to form the current Ferd AS. The company's history dates back to 1849, when the Andresen family acquired J. L. Tiedemanns Tobaksfabrik, a tobacco factory. The original tobacco company was sold to Skandinavisk Tobakskompagni in 1998.

Herkules Capital

Ferd Private Equity, renamed Herkules Capital after its spinout in 2008, makes private equity investments on behalf of third party investors through leveraged buyouts and growth capital infusions^[3] Herkules currently manages approximately NOK 6.25 billion. Ferd Private Equity was established in 2003 with Ferd serving as the cornerstone investor in the group's first fund. Ferd raised a new fund in 2006 and completed a spinout in March 2008.

Ownership

Ferd's portfolio consists, among others, of:

• Swix
• Elopak
• Photocure
• Data Respons
• Eltek
• SeaBird Exploration
• Kvaleberg
• Nanoradio

References

External links

• Ferd (company website)
• Herkules Capital (company website)

Private equity and venture capital
Basic investment types	Buyout Venture Mezzanine Growth Secondaries Equity co-investment
History	History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s
Terms and concepts	Buyout Financial sponsor Management buyout Divisional buyout Buy–sell agreement Leveraged recapitalization Dividend recapitalization Venture Angel investor Business incubator Post-money valuation Pre-money valuation Seed money Startup company Venture capital financing Venture debt Venture round Structure Private equity firms and funds Limited partnership Limited liability company Carried interest Management fee Publicly traded private equity Business Development Company Venture capital trust Private investment in public equity (PIPE) Pledge fund
Investors	Corporations Institutional investors Pension funds Insurance companies Fund of funds Endowments Foundations Investment banks Merchant banks Commercial banks High-net-worth individuals Family offices Sovereign wealth funds Crowdfunding
Related financial terms	AUM Cap table Capital call Capital commitment Capital structure Distribution waterfall EBITDA Envy ratio High-yield debt IPO IRR Leverage Liquidation preference M&A PME Taxation of private equity and hedge funds Undercapitalization Vintage year
Private equity and venture capital investors Private equity firms Venture capital firms Angel investors Portfolio companies