# Aars (Møller Family Office)

Aars (Møller Family Office) is a Single Family Office based in Fornebu, Norway.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Fornebu, Norway
- **Region:** Europe
- **Address:** Fornebu, Norway
- **Founded:** 2014
- **Assets under management:** 2.3B (Altss estimate)
- **Website:** aars.no
- **LinkedIn:** https://www.linkedin.com/company/aars-as

## Regulatory record

- **Reports private funds:** No

## About

Aars was founded in 2014 by the Møller family to manage wealth generated through Møller Mobility Group. Øyvind Schage Førde, a fourth-generation representative, serves as chairman and CEO. The office maintains direct ownership stakes alongside three third-generation principals: Harald Møller, Morten Møller, and Anne Catrine Møller. The firm allocates across private equity, listed equities, real estate, and funds. It executes direct co-investments and SPVs while participating in fund-of-funds and hedge-fund vehicles. Confirmed holdings include stakes in Micro Matic A/S alongside the Nielsen family and a 50/50 joint venture with Mustad Eiendom AS on the Lilleakerbyen urban project in Oslo. Geographic reach centers on Norway, Sweden, and the Baltic states through the Møller Eiendom portfolio. Aars maintains three offices in the Oslo area and additional properties including Fornebu S shopping center and Verket Moss. The firm employs no disclosed headcount figure. In the last 24 months no public operational events were recorded. Philanthropic vehicles include Aarsverk and the Møller Prize. Anna Møller holds board seats at Henie Onstad Kunstsenter and Kistefos AS. Aars operates with a hybrid mandate that combines direct real-asset development, listed-market exposure, and long-term industrial ownership. Board interlocks at Ferd Holding AS and Kistefos AS provide access to co-investment opportunities outside standard fund channels. Succession is structured through explicit fourth-generation leadership under Øyvind Schage Førde while third-generation principals retain board oversight.

## Sectors

- Energy Transition & Renewables
- Industrial Tech
- Mobility & Transportation
- PropTech

## Offices

- Oslo, Norway

## People

- Øyvind Schage Førde — Chairman of the Board and CEO
- Harald Møller — Board member
- Morten Møller — Board member
- Anne Catrine Møller — Board member

## Questions

### Who runs investment decisions at Aars?

Øyvind Schage Førde serves as chairman and CEO. Third-generation owners Harald Møller, Morten Møller, and Anne Catrine Møller sit on the board.

### How does Aars source proprietary deal flow?

The firm uses board interlocks at Kistefos AS and Ferd Holding AS plus joint-venture relationships with Mustad Eiendom AS and the Nielsen family.

### Is Aars structured as a single family office or does it operate more like a venture firm?

Aars functions strictly as a single-family office. It executes direct co-investments, SPVs, and real-estate development rather than operating external venture funds.

### Does Aars participate in fund commitments or only direct deals?

The firm allocates to both fund-of-funds and hedge funds in addition to direct co-investments and SPVs.

### What investment stages does Aars typically target?

Aars targets mature industrial and real-estate assets rather than early-stage venture. It favors active ownership in established Nordic and Baltic companies.

## Related profiles

- [Westgrove](https://altss.com/profile/westgrove)
- [RBF Capital](https://altss.com/profile/rbf-capital-llc)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/aars-m-ller-family-office

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