Single Family Office

Updated:

Herfo

Herfo was founded in 2005 by the Hermansen family in Stavanger. Yuhong J. Hermansen serves as chairperson and sole owner. The office oversees capital that...

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Herfo

Herfo was founded in 2005 by the Hermansen family in Stavanger. Yuhong J. Hermansen serves as chairperson and sole owner. The office oversees capital that traces to Folke Hermansen and the family logistics business. The firm splits deployment among three sleeves. Capital covers financial investments. Eiendom holds commercial real estate in Stavanger. Venture targets growth and technology companies at early and later stages. It uses direct co-investments, SPVs and fund commitments. Confirmed positions include technology deals alongside Redback AS and Møkster Investering AS such as Geoteric. Geographic reach spans Europe, North America and Asia. The office employs a small team led by CEO Ådne Grødem and Investment Manager Lars Joakim Mauritzen. It maintains two commercial properties in Stavanger and supports the Folke Hermansen Cancer Fund. No operational events from the last 24 months appear in public records. Herfo operates as a single-family office with 100 percent ownership by Yuhong J. Hermansen. This structure keeps decision rights inside the family while allowing co-investment partnerships on specific deals.

General information

Firm type

Single Family Office

Year founded

2005

Location

Region

Europe

Country

Norway

City

Stavanger

Corporate office

Stavanger, Norway

Principals

Yuhong J. Hermansen

Chairperson

Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.

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Sector focus

Healthcare ServicesAgriTech & FoodTechFinTechEnergy Transition & RenewablesPropTech

Frequently asked questions

Who runs investment decisions at Herfo?

Yuhong J. Hermansen serves as chairperson and sole owner. Ådne Grødem acts as CEO and Lars Joakim Mauritzen as Investment Manager.

How does Herfo source proprietary deal flow?

The firm draws on family networks in logistics and maintains co-investment relationships with Redback AS and Møkster Investering AS.

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

Herfo is organized as a single-family office. It combines direct investments with fund commitments rather than operating as a standalone venture manager.

Does Herfo participate in fund commitments or only direct deals?

The firm uses both fund commitments and direct co-investments through SPVs.

What investment stages does Herfo typically target?

Herfo targets buyout, growth and venture capital stages.

Where does the underlying wealth come from?

The capital originates from the Hermansen family and its logistics and transport operations, including sister company DSD.

Does Herfo maintain philanthropic structures, and how are they separated?

Herfo supports the Folke Hermansen Cancer Fund as a separate philanthropic vehicle.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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