Maj Invest2797 views

Maj Invest is one of Denmark’s leading asset management companies, managing assets for primarily institutional clients. The Maj Invest group was established in 2005 and is today owned by management and employees.

The group comprises the companies Maj Invest Holding A/S, Fondsmæglerselskabet Maj Invest A/S, Maj Invest Equity A/S and Maj Bank A/S as well as a number of companies related to Danish and international private equity. Fondsmæglerselskabet Maj Invest A/S is investment adviser to the Maj Invest mutual funds in Denmark and Luxembourg, which are owned by their members. Click here for more information about our legal structure.

We have two main business areas: Asset Management and Private Equity.

In Asset Management we provide advice on strategic asset allocation and asset management of securities listed on regulated markets for institutional clients and the mutual funds Investeringsforeningen Maj Invest in Denmark and Maj Invest Funds in Luxembourg. We also offer wealth management services to wealthy individuals, companies and funds.

Our Investor Relations & Markets department primarily handles Fondsmæglerselskabet Maj Invest A/S’ client relations and supplies distributors with information on Investeringsforeningen Maj Invest and Maj Invest Funds.

In Private Equity we act as advisors to private equity funds on their investments in unlisted equities in Denmark and abroad. In Denmark we advise four private equity funds and provide discretionary investment advisory services to clients on private equity portfolios. In the international part of our private equity business we advise four private equity funds on their investments in Southeast Asia and within microfinance.

Our history

The Maj Invest group was founded in 2004. Following authorisation from the Danish Financial Supervisory Authority in May 2005, Fondsmæglerselskabet Maj Invest A/S was established by employees, management and the large Danish pension fund LD; the latter having disposed of its shareholding in 2011. 2005 was also the year of the establishment of the private equity fund LD Equity 2 for investments in Danish small and mid-cap companies, and at year-end the Danish mutual fund Investeringsforeningen Maj Invest was formed.

The private equity fund LD Equity 1 was established in 2006 as a fully invested fund with investments in both unlisted and listed small-cap companies. Our Markets department was also set up in 2006.

In 2007 Fondsmæglerselskabet Maj Invest A/S took over the investment activities of Dansk Erhvervsinvestering and established the private equity fund LD Equity 3 which focuses on investments in small and medium-sized Danish companies.

In 2008, with a three-year track record, Investeringsforeningen Maj Invest was rated by Morningstar® for the first time; a reliable provider of independent investment research. Since its first rating, Investeringsforeningen Maj Invest has been rated as one of the best mutual funds in Denmark.

Our Wealth Management department was introduced in 2009; the same year as Maj Invest’s international activities were launched with the establishment of the private equity fund Maj Invest Equity Vietnam I (previously LD Invest Vietnam) which invests in Vietnamese growth companies, and the set-up of a an office in Vietnam.

In 2010 the Maj Invest group expanded its international activities further with the setting up of Danish Microfinance Partners; a fund investing in mature microfinance institutions in Asia, Africa and Latin America.

Yet another Danish private equity fund, Maj Invest Equity 4, was established in 2011 for investment in Danish small and mid-cap companies.

At year-end 2013 Maj Invest began advising a Luxembourg-based mutual fund under the name of Maj Invest Funds, with Maj Invest Emerging Markets Equities as the first fund.

At the beginning of 2014 Maj Invest opened a representative office in London for the sale of the group’s products to international clients. In addition, Maj Invest has opened offices in Peru, Singapore and Jakarta, continuing its efforts to support the group’s international private equity activities. In addition, Maj Invest launched an additional Luxembourg-based fund under the name of Maj Invest Global Value Equities.

In 2015, Maj Invest launched two new international private equity funds; the Maj Invest Equity Southeast Asia II and Maj Invest Financial Inclusion Fund II. Furthermore, Maj Bank was established.