Smedvig Asset Allocation

Smedvig Asset Allocation

Smedvig Asset Allocation was founded in 1915 in Stavanger. It functions as the single-family office for multi-generational Smedvig wealth. The structure emphasizes disciplined asset allocation rather than concentrated operating control. The firm deploys capital across private equity, hedge funds, real estate, and direct co-investments or SPVs. It also commits to fund-of-funds vehicles. Confirmed focuses include growth and venture capital stages. Positions target digital health and healthcare services. Geographic exposure centers on Europe with board ties to entities such as Statkraft and Cercare Medical. The team includes Chief Investment Officer Klaus de Vibe and Chief Operating Officer Marit Salte. Stephan L. Jervell has served on the board since 2005. No additional offices appear in records. Smedvig Funds plc operates as a managed vehicle under the same appointment. Board service across multiple Norwegian institutions creates a distinct sourcing and governance model. This network supplies access to local opportunities while separating family capital from external advisory roles.