Gjensidigestiftelsen

Gjensidigestiftelsen

Gjensidigestiftelsen was established in 2007 and converted to a financial foundation in 2010 upon the listing of Gjensidige Forsikring ASA. Trine Riis Groven chairs the board. The structure channels ownership dividends into grant-making focused on Norway. The foundation maintains a 15 percent target allocation to private equity and holds diversified real estate fund exposure across offices, logistics, retail and hotels in Norway and the Nordics. It also invests in global equities and fixed income. Geographic reach covers the Nordics, Europe and the United States through fund commitments. No individual portfolio companies are named in available records. The organization employs 28 professionals at its Oslo headquarters. It maintains membership in the UN Principles for Responsible Investment and the Kvinner i Finans Charter. A 2024 Gjensidige Analyst Day addressed investment strategy and sustainability topics. Ownership of the controlling stake in Gjensidige Forsikring creates a direct dividend link that funds annual distributions exceeding 47 million USD, separating grant activity from investment operations.