# Nordea-fonden

Nordea-fonden is an Endowment / Foundation based in Copenhagen, Denmark.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Copenhagen, Denmark
- **Region:** Europe
- **Address:** Heerings Gaard, Overgaden neden Vandet 11, 1414 Copenhagen, Denmark
- **Founded:** 1989
- **Assets under management:** DKK 16.8B
- **Website:** nordeafonden.dk
- **LinkedIn:** https://www.linkedin.com/company/nordea-fonden/

## Regulatory record

- **Reports private funds:** No

## About

Nordea-fonden was established in 1989 as an independent philanthropic entity. The foundation maintains a board chaired by Jens Bjørn Andersen and allocates returns exclusively to non-profit purposes. The foundation deploys capital across private equity, venture capital, infrastructure, and real estate. Confirmed holdings include Copenhagen Infrastructure III K/S, Copenhagen Infrastructure IV K/S, Antin Infrastructure Partners V SCSp, Axcel VII K/S and Heartcore Capital Fund V K/S. It also maintains minority positions in mixed-use properties through TG Partners VI P/S and joint-venture ownership of Youth Island via Middelgrundsfonden. Geographic exposure centers on Denmark and the broader Nordics with additional infrastructure exposure across Europe. The foundation employs 42 professionals and operates from its Copenhagen headquarters at Heerings Gaard. It maintains a sister entity, Nordea Bank-fonden, and participates in UN Global Compact and Fondenes Videnscenter. August 2025: Attended Klimafolkemødet in Middelfart as part of ongoing climate and sustainability engagement. Nordea-fonden functions as a grant-making foundation rather than an operating family office. Its structure separates investment management, handled through external advisors Nordea Asset Management and Qblue Balanced, from programmatic grant decisions focused on public-benefit outcomes.

## Sectors

- Healthcare
- Infrastructure
- Real Estate

## People

- Henrik Lehmann Andersen — CEO
- Jens Bjørn Andersen — Chair of the Board of Directors

## Questions

### Who runs investment decisions at Nordea-fonden?

Henrik Lehmann Andersen serves as CEO. External advisors Nordea Asset Management and Qblue Balanced manage day-to-day portfolio execution (per Altss research).

### How does Nordea-fonden source proprietary deal flow?

The foundation participates in Danish and Nordic fund commitments and co-invests alongside partners such as A.P. Møller Fonden on specific projects like Youth Island.

### Does Nordea-fonden participate in fund commitments or only direct deals?

It acts as a limited partner in multiple funds including Axcel VII K/S, Heartcore Capital Fund V K/S, and Copenhagen Infrastructure funds while also holding direct real estate assets.

### What investment stages does Nordea-fonden typically target?

The foundation targets buyout, venture, and infrastructure stages through fund commitments and selected direct holdings (per Altss research).

### What is Nordea-fonden's known posture on co-investments alongside external GPs?

It has executed joint investments with A.P. Møller Fonden on real estate and youth projects and holds LP positions in multiple external funds.

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Last updated: 2026-08-10T15:58:45.833Z

Canonical page: https://altss.com/profile/nordea-fonden

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