# KIRKBI

KIRKBI is a Single Family Office based in Billund, Denmark.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Billund, Denmark
- **Region:** Europe
- **Address:** Billund, Denmark
- **Founded:** 1995
- **Assets under management:** 24650 (Altss estimate)
- **Website:** kirkbi.com
- **LinkedIn:** https://www.linkedin.com/company/kirkbi-a-s
- **Wikidata:** Q12321895

## Regulatory record

- **Reports private funds:** No

## About

KIRKBI was founded in 1995 to steward the wealth of the Kristiansen family, whose holdings trace directly to ownership of the LEGO Group. Thomas Kirk Kristiansen serves as chairman while Kjeld Kirk Kristiansen, the third-generation owner and former LEGO CEO, remains active in governance. The structure separates operating control of LEGO from the family’s broader investment activities. The office deploys capital through direct co-investments, SPVs, fund commitments and infrastructure vehicles. Asset classes include real estate, private equity, renewable energy and listed securities. Confirmed positions encompass the privatization of Merlin Entertainments with Blackstone and CPPIB, plus wind assets such as Borkum Riffgrund 1 in Germany and Burbo Bank Extension in the United Kingdom. Geographic reach centers on Europe and North America, with additional holdings in London commercial properties and Scottish estates. KIRKBI maintains a professional team under CEO Søren Thorup Sørensen and holds board representation that includes Alessandro Nasi. The firm lists no additional offices beyond Billund. Adjacent vehicles include the LEGO Foundation and Ole Kirk’s Fond. No operational events from the last 24 months appear in public records. Ownership remains concentrated within the Kristiansen family across four generations, with Thomas Kirk Kristiansen holding the chairmanship of both KIRKBI and the LEGO Group. This integrated governance model distinguishes the office from structures that separate family control from operating-company oversight.

## Sectors

- Energy Transition & Renewables
- Media & Entertainment
- PropTech
- Gaming
- Industrial Tech
- Digital Health
- Healthcare Services
- Sports & Wellness
- ClimateTech
- Circular Economy
- EdTech

## People

- Søren Thorup Sørensen — CEO of KIRKBI A/S

## Questions

### Who runs investment decisions at KIRKBI?

Søren Thorup Sørensen serves as CEO. Thomas Kirk Kristiansen chairs both KIRKBI and the LEGO Group. Kjeld Kirk Kristiansen participates in governance as third-generation owner.

### How does KIRKBI source proprietary deal flow?

The office leverages long-standing relationships in Denmark and Europe. Co-investments with Blackstone and CPPIB on Merlin Entertainments illustrate access to larger transactions.

### Does KIRKBI participate in fund commitments or only direct deals?

KIRKBI uses both approaches. It commits to funds and executes direct co-investments and SPVs across private equity and infrastructure.

### What investment stages does KIRKBI typically target?

The office covers buyouts, growth equity, late-stage and seed investments. Infrastructure and real-estate transactions form a separate allocation stream.

### Does KIRKBI maintain philanthropic structures, and how are they separated?

The LEGO Foundation and Ole Kirk’s Fond operate alongside KIRKBI. These entities focus on education and social initiatives while remaining distinct from the investment office.

### What is KIRKBI’s known posture on co-investments alongside external GPs?

KIRKBI has executed co-investments with Blackstone and CPPIB. The firm also holds memberships in ILPA and the UN Global Compact.

## Related profiles

- [Ascent Private Capital Management](https://altss.com/profile/ascent-private-capital-management)
- [Volga Group (Timchenko Family Office)](https://altss.com/profile/volga-group-timchenko-family-office)

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/kirkbi-kristiansen-family-office

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology