Caleb jones rp Pvr O Qm R2s unsplash Adj

About Us

Cenzia is a partner owned and independent multi-family office serving UHNW private clients, family investment companies and trusts.

We always look to identify each client’s individual needs and goals. Our portfolio management principles are based on thorough analysis, solid risk assessment and a close dialogue with and immediate access to the managers of our clients’ investments.

Our clients appreciate working with a focused team that ensures direct personal access to senior partners, regular dialogue based on trust and value preservation. Together, these elements provide our clients with superior risk adjusted returns.

Cenzia was founded in 2008 and currently manage NOK 3,5 billion in assets.

Our Services

Good risk adjusted returns are generated through disciplined management.

In all aspects of our management we seek to avoid unnecessary complexity as this contributes to increased risk and rarely any improved results. With a good understanding our clients’ desires, needs and risk tolerance we establish a suitable portfolio strategy. This strategy considers (i) relevant asset classes, (ii) asset allocation, (iii) historic investments, (iv) liquidity needs and (v) complexity. Successful manager selection and continuous monitoring of these managers is an essential part of our job. We are fortunate to find many of these managers close to home, but selectively compliment these with managers from abroad with a superior track record based on our extensive network. We meet with these managers on a regular basis, no matter where they are. The further away from home they are, the more cautious we are in taking on manager risk. As such, we typically prefer well established managers. We invest with managers employing a variety of strategies (passive, long only and long / short), but always seek the best terms for our clients.

Why Cenzia

We serve a limited number families and trusts and ensure each and every one is given due attention and a solution tailored to their specific needs.

Our client advisors are deeply involved and key decisionmakers in the investment analysis process. This allows clients to get first hand knowledge about their investments and underlying fund managers. While Cenzia is an independent advisor, we have the size and the client base that grants us access to the best managers at favourable terms. This, in turn, ensures that our clients get the highest risk adjusted returns through changing market conditions.

Organisation

The partners at Cenzia have extensive experience from Nordic and global financial markets both as investors, investment bankers, financial advisors, investment analysts and from equity sales and research.

Employees

Andreas Stang

Managing Partner

T: (+47) 22 01 32 02
M: (+47) 95 99 39 71

Andreas co-founded Cenzia in 2008. Prior to this he was a Director of the Investment Services Group at Credit Suisse in London. Andreas spent 15 years as Chariman / CIO of a Norwegian family office (Treshow Fritzøe) in Larvik, Norway.

Andreas has a business degree from the Gothenburg University School of Business, a Master of International Management (MIM) from Tunderbird School of Global Management and completed Advanced Management Studies at The Warton School.

Nicolai A. Andresen

Founding Partner

T: (+47) 22 01 32 01
M: (+47) 47 46 95 93

Nicolai co-founded Cenzia in 2008. Prior to this he was a founding partner with Ardent Advisors in London, a strategy and corporate finance boutique in London focused on the TMT sector.

Nicolai began his career within the investment banking division (Telecoms and Technology groups) of Credit Suisse in London. Nicolai holds a BA in Economics and International Relations from Tufts University in Boston.

Thomas Oma

Investment Director, Partner

T: (+47) 22 01 32 06
M: (+47) 99 45 68 62

Thomas joined Cenzia in November 2017. Prior to this he was a financial analyst at SpareBank 1 Forsikring (the Insurance business of the SpareBank 1 alliance) were he was responsible for investment analysis and portfolio management. Thomas is a Certified European Financial Analyst (CEFA) and holds an MSc from the Norwegian School of Economics.

Andreas Stang

Managing Partner

Andreas co-founded Cenzia in 2008. Prior to this he was a Director of the Investment Services Group at Credit Suisse in London. Andreas spent 15 years as Chariman / CIO of a Norwegian family office (Treshow Fritzøe) in Larvik, Norway.

Andreas has a business degree from the Gothenburg University School of Business, a Master of International Management (MIM) from Tunderbird School of Global Management and completed Advanced Management Studies at The Warton School.

Nicolai A. Andresen

Founding Partner

Nicolai co-founded Cenzia in 2008. Prior to this he was a founding partner with Ardent Advisors in London, a strategy and corporate finance boutique in London focused on the TMT sector.

Nicolai began his career within the investment banking division (Telecoms and Technology groups) of Credit Suisse in London. Nicolai holds a BA in Economics and International Relations from Tufts University in Boston.

Thomas Oma

Investment Director, Partner

Thomas joined Cenzia in November 2017. Prior to this he was a financial analyst at SpareBank 1 Forsikring (the Insurance business of the SpareBank 1 alliance) were he was responsible for investment analysis and portfolio management. Thomas is a Certified European Financial Analyst (CEFA) and holds an MSc from the Norwegian School of Economics.

Nina Fagermoen

Head of Settlements and Portfolio Reporting

T: (+47) 22 01 32 05
M: (+47) 95 99 16 99

Nina joined Cenzia in September 2016. Prior to this she worked for Exportfinans where she managed various loan portfolios. Nina has a degree from Bankakademiet

Fredrik Holter

Compliance Officer

T: (+47) 22 01 32 03
M: (+47) 92 29 34 14

Fredrik joined Cenzia as Compliance Offices in August 2013, a position he also holds with NRP Finans AS. Fredrik has 17 years experience from DnB NOR Markets where he held the position as head of online trading. He has worked with KPMG’s Financial Risk Management Team where he was responsible for clients within the financial services sector.

Fredrik holds an MBA from the Norwegian School of Economics. He also holds a BA from University of Massachusetts and has taken the CFA and Portfolio Management courses at the Norwegian School of Economics.

Elin Bentsen

Controller

Elin has assisted Cenzia with administrative matters and accounts since 2008. Prior to this she was financial controller with Norsk Oppgjørssentral (NOS, now Marex Spectron.

Elin has 25 years experience from accounting and administration.

Elin has assisted Cenzia with administrative matters and accounts since 2008. Prior to this she was financial controller with Norsk Oppgjørssentral (NOS, now Marex Spectron.

Elin has 25 years experience from accounting and administration.

Nina Fagermoen

Head of Settlements and Portfolio Reporting

Nina joined Cenzia in September 2016. Prior to this she worked for Exportfinans where she managed various loan portfolios. Nina has a degree from Bankakademiet

Fredrik Holter

Compliance Officer

Fredrik joined Cenzia as Compliance Offices in August 2013, a position he also holds with NRP Finans AS. Fredrik has 17 years experience from DnB NOR Markets where he held the position as head of online trading. He has worked with KPMG’s Financial Risk Management Team where he was responsible for clients within the financial services sector.

Fredrik holds an MBA from the Norwegian School of Economics. He also holds a BA from University of Massachusetts and has taken the CFA and Portfolio Management courses at the Norwegian School of Economics.

Tom Kavli

Strategic Advisor

Formerly Equity Strategist at SEB.

Formerly Equity Strategist at SEB.

Board

Christian Ness

Chair

Managing Partner and founder, Ness, Risan & Partners.

Grace R. Skaugen

Director

Other directorships: Investor AB (Director), Lundin Petroleum AB (Director), Orkla ASA (Deputy Chair), Norsk Institutt for Styremedlemmer (Chair).

Erik G. Braathen

Director

Managing Partner & Owner, Ojada AS
Other directorships: Fly Leasing Ltd. (Director)

Jon Hindar

Director

Other directorships: Arendals Fossekompani ASA (Chair), Argentum (Chair), Klaveness Marine Holding AS (Chair) og Milarex Group (Chair).

Jon Hindar

Director

Other directorships: Arendals Fossekompani ASA (Chair), Argentum (Chair), Klaveness Marine Holding AS (Chair) og Milarex Group (Chair).

Compliance

For further information on compliance matters, please contact Cenzia’s Head of Compliance, Fredrik Holter (fredrik.holter@cenzia.no)