The Board of Directors
Norfund’s Board of Directors ensures that the Fund is operated in accordance with the Norfund Act and owner instructions, and approves Norfund’s strategy. The Board further approves individual investments that exceed certain amounts, and projects that are considered to be high-risk. The Board has delegated investment decisions for other projects to the management.
The Investment Committee is an advisory body for the Managing Director, and is chaired by an external person. The Investment Committee deals with all investments at least twice: First the project is approved in principle, then final approval is given based on a thorough assessment of risks and development effects.
Investment departments and regional offices
Norfund is organised into three investment departments as different expertise and networks are necessary to make investments in the focus areas of the strategy. Local expertise is also important, and Norfund therefore has five regional offices.