# Kaupthing

Kaupthing is a Corporate Investor based in Reykjavik, Iceland.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Reykjavik, Iceland
- **Region:** Europe
- **Address:** Reykjavik, Iceland
- **Founded:** 1982
- **Assets under management:** Undisclosed
- **Website:** www.kaupthing.com
- **LinkedIn:** https://www.linkedin.com/company/kaupthing-bank
- **Wikidata:** Q965594

## Regulatory record

- **Reports private funds:** No

## About

Kaupthing is a corporate investor based in Reykjavik, Iceland. It focuses on investments in Europe.

## Sectors

- Real Estate
- Private Credit

## People

- Sigurður Einarsson — Former Executive Chairman
- Hreiðar Már Sigurðsson — Former CEO
- Ármann Þorvaldsson — Former CEO of Kaupthing Singer & Friedlander (UK)

## Questions

### Who runs investment decisions at Kaupthing today?

The entity operates as an estate resolution vehicle, not a traditional investment firm. Key former executives — including Sigurður Einarsson and Hreiðar Már Sigurðsson — were central to the pre-collapse build-up but no longer hold executive authority. Current decision-making is overseen by a winding-up board and court-appointed representatives in Iceland, with the mandate to liquidate assets and resolve legal claims rather than deploy new capital.

### What assets does Kaupthing currently hold?

The estate's known holdings include the Pilsen Land Portfolio in the Czech Republic, Mayfair Offices in London, a legacy yacht loan portfolio, the Kaupthing Art Collection, and several aircraft (Cessna Citation II, Beech E90, Cessna 550). These are legacy assets from the pre-2008 loan book and direct investments, all held for eventual liquidation.

### How does Kaupthing source deals or investments?

Kaupthing does not source new deals. The entity exclusively manages and disposes of legacy assets acquired during the bank's pre-2008 expansion. Its activity consists of asset sales, litigation recoveries, and resolution of outstanding financial obligations.

### Where does Kaupthing's remaining value come from?

Remaining value is tied to legacy real estate holdings, art, aircraft, and loan positions extended to borrowers including Robert Tchenguiz, Vincent Tchenguiz, and Jón Ásgeir Jóhannesson's Baugur Group. The underlying wealth originated from the bank's deposit base and wholesale funding during its rapid European expansion, not from a single family's operating business.

## Related profiles

- [Kaufman Rossin Wealth](https://altss.com/profile/kaufman-rossin-wealth)
- [Kavar Capital Partners](https://altss.com/profile/kavar-capital-partners)

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

Canonical page: https://altss.com/profile/kaupthing

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