# Kavlifondet

Kavlifondet is a Foundation based in Bergen, Norway.

## Overview

- **Organization type:** Foundation
- **Headquarters:** Bergen, Norway
- **Region:** Europe
- **Address:** Bergen, Norway
- **Founded:** 1962
- **Assets under management:** Undisclosed
- **Website:** kavlifondet.no
- **LinkedIn:** https://no.linkedin.com/company/kavlifondet

## Regulatory record

- **Reports private funds:** No

## About

Kavlifondet traces to 1962 when Knut Kavli created the foundation. His father Olav Kavli had built the original food business in 1893. The foundation holds 100 percent of Kavli Holding AS. Profits flow entirely to grants rather than retained earnings or dividends. Asset classes include operating food production facilities across Norway, Sweden, and the UK plus a financial portfolio managed from Bergen. Confirmed holdings encompass dairy plants in Gausdal and Jæren plus factories in Älvsjö, Eslöv, Gateshead, and Kirkcudbright. The board includes Dag J. Opedal as chair and Helge Leiro Baastad as chair of the holding company. No recent operational events from the last 24 months appear in available records. The foundation maintains membership in Stiftelsesforeningen. Ownership of an integrated food group distinguishes the vehicle from pure grant-making entities. All distributions remain tied to operating cash flow from the industrial assets.

## Sectors

- Natural Resources

## People

- Knut Kavli — Founder
- Olav Kavli — Founder
- Dag J. Opedal — Chair of the Board
- Ingrid Paasche — General Manager
- Helge Leiro Baastad — Chair of the Board of Kavli Holding AS

## Questions

### Who runs investment decisions at Kavlifondet?

Ingrid Paasche serves as General Manager. Dag J. Opedal chairs the board. Helge Leiro Baastad chairs Kavli Holding AS.

### How does Kavlifondet source proprietary deal flow?

The foundation does not pursue external deal flow. Capital allocation occurs through its ownership of Kavli Holding AS operating companies.

## Related profiles

- [Ilmastorahasto](https://altss.com/profile/ilmastorahasto)
- [Japan Lifeline](https://altss.com/profile/japan-lifeline)

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

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

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