# M. Blæsbjerg Holding

M. Blæsbjerg Holding is an Asset Manager based in Odense, Denmark.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Odense, Denmark
- **Region:** Europe
- **Address:** Odense, Denmark
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

M. Blæsbjerg Holding ApS operates as a privately held investment company domiciled in Odense, Denmark, under the ultimate ownership of founder Mark Rye Blæsbjerg. The entity functions as a holding company for a concentrated set of direct investments, rather than a diversified fund manager. Its known holdings span two distinct asset classes: commercial real estate and a controlling interest in an operating cybersecurity business. The firm's real estate exposure is held through El-Andersen Property Ltd., which maintains a commercial property portfolio in Odense. On the operating-company side, the holding company controls the intellectual property of Chili Security Denmark ApS, a Danish cybersecurity and personal safety technology firm. Chili Security's ownership is shared with a consortium of local co-investors — Michael Larsen (via Milars Holding ApS), Casper Blom (via Casper Blom ApS), and Steen McCormick — with Bjørn Lund Smidt serving as chairman of the board. Team size and total deployment figures are not publicly disclosed. The structure is characteristic of a closely held Danish holding company, where a single principal consolidates ownership across a small number of direct majority stakes without advertising for outside limited partners. The firm maintains no known public-facing website and does not participate in the fundraising circuit. The structural differentiator is the blend of a locally rooted commercial real estate portfolio with a controlling position in a niche cybersecurity operating company, managed through a co-investor consortium of regional Danish partners rather than institutional investors. This architecture allows for permanent capital deployment without redemption pressures or fundraising cycles.

## Sectors

- Real Estate
- Security & Defense Technology

## People

- Mark Rye Blæsbjerg — Founder

## Questions

### What does M. Blæsbjerg Holding own?

The holding company's known assets include the intellectual property of Chili Security Denmark ApS, a cybersecurity and personal safety technology firm, and a commercial real estate portfolio held through El-Andersen Property Ltd. Both assets are based in Odense, Denmark. The firm does not publish a comprehensive list of holdings.

### Who co-invests alongside M. Blæsbjerg Holding in Chili Security?

Chili Security Denmark ApS is owned by a consortium of Danish investors. Co-owners include Michael Larsen through his vehicle Milars Holding ApS, Casper Blom through Casper Blom ApS, and Steen McCormick. Bjørn Lund Smidt chairs the Chili Security board.

### Does the firm accept outside investors or limited partners?

There is no public indication that M. Blæsbjerg Holding raises capital from external limited partners. The Chili Security investment was made through a co-owner consortium of individual Danish investors, each participating through their own holding companies, not through a commingled fund structure.

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

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