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"We would like to thank Martin for his dedication to SKAGEN throughout so much of the company's journey. He has overseen the development of SKAGEN from a local fund provider in Norway to a European fund management company," says Leif Ola Rød, CEO of SKAGEN.

"We now welcome the appointment of Henrik Lisaeth and look forward to his contribution to ensuring the delivery of investment performance and service excellence to our clients while attracting and retaining the best investment and management talent."

Henrik Lisaeth has many years of experience from the financial sector and is currently an Advisor to FSN Capital after being a Partner of FSN Capital since 2000. Prior to this, Lisaeth held various positions at Morgan Stanley and The Boston Consulting Group. He has extensive board and chairmanship experience and is currently a board member at Validus/Vita. Read full CV.

"I am looking forward to working with SKAGEN in my role as Chairman of the Board. SKAGEN is an impressive fund management company with a strong culture that has delivered outstanding results to its clients over time.

The Board is committed to ensuring that SKAGEN is able to deliver the best possible risk adjusted returns to its clients in the future. We will contribute to positioning SKAGEN as a leader within active fund management and will cooperate closely with SKAGEN's employees, the management group and the owners," says Henrik Lisaeth.

SKAGEN's Board of Directors is currently made up of six members.


Historical returns are no guarantee for future returns. Future returns will depend, inter alia, on market developments, the fund manager's skill, the fund's risk profile and management fees. The return may become negative as a result of negative price developments.