Asset ManagerRIA · CRD 288223SEC-RegisteredPrivate Fund Adviser

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MAJ Invest A/S

MAJ Invest A/S, founded by Steen Michael Christensen in 1997, manages equities, fixed income, private equity, and infrastructure from Copenhagen.

MAJ Invest A/S

FONDSMAEGLERSELSKABET MAJ INVEST A/S is a SEC-registered investment adviser in COPENHAGEN K, registered since 2017. The firm manages $11.1 billion in assets, $9.0 billion on a discretionary basis. It has 67 employees and 47 investment advisers.

General information

Firm type

Asset Manager

Year founded

1997

AUM

Undisclosed (Altss estimate)

Location

Region

Europe

Country

Denmark

City

Copenhagen K

Corporate office

Copenhagen, Denmark

Principals

Steen Michael Christensen

Co-founder & CEO

Sector focus

EquitiesFixed IncomePrivate EquityInfrastructure

Frequently asked questions

Who runs investment decisions at MAJ Invest?

Steen Michael Christensen, co-founder and CEO, oversees the firm's investment strategy alongside a team of portfolio managers responsible for individual asset classes. The firm operates with a centralized investment committee that sets asset allocation and risk parameters.

How does MAJ Invest source deals in private markets?

MAJ Invest sources private equity and infrastructure deals through its network of Nordic corporate relationships, GP partnerships, and proprietary research. The firm has a documented track record of co-investing alongside other Scandinavian institutional investors in mid-market deals.

Is MAJ Invest structured as a single family office or an asset manager?

MAJ Invest is registered as a Danish asset management company (Fondsmaeglerselskab) and operates as a regulated manager for external clients. Its ownership is concentrated with management, and it maintains a separate charitable foundation. It functions as a hybrid: it manages third-party institutional capital while deploying proprietary capital alongside clients.

Does MAJ Invest participate in fund commitments or only direct deals?

MAJ Invest uses both direct investment and fund-of-funds approaches in private markets. It commits capital to external private equity and infrastructure funds as a limited partner and also leads direct co-investments in companies and projects, particularly in the Nordic region.

What investment stages does MAJ Invest typically target?

In public markets, MAJ Invest focuses on listed equities and bonds with no specific stage bias but prefers established, cash-flow-generating companies. In private markets, it targets mature infrastructure projects and buyout-stage companies, generally avoiding venture capital.

Which sectors does MAJ Invest explicitly avoid?

MAJ Invest does not maintain a public list of excluded sectors, but its portfolio history shows a tilt toward industrials, materials, and infrastructure, with lower exposure to technology and biotech. The firm has publicly stated a focus on 'quality and value' which implicitly excludes high-growth unprofitable sectors.

Where does the underlying wealth come from?

MAJ Invest's underlying wealth originates from the personal capital of its founders and partners, accumulated through decades of asset management fees and investment returns. The firm does not disclose the exact wealth origin of its principals beyond their professional careers in finance.

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