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NB

Sovereign Wealth · $1.5tn AUM

Norges Bank Investment Management

Oslo, Norwaynbim.no
31
Contacts
4
Mandates
Data completeness 100%Updated 2026-06-12

Mandate & appetite

Preferred strategies
CoreCore
Target geographies
GermanyWestern Europe
Typical ticket
$100m–$500m
AUM
NOK15.76trn
Real-asset allocation
RE 1.9% · Infra 5%
Appetite

Investor profile

Norges Bank Investment Management (NBIM) manages the Norwegian Government Pension Fund Global, the world's largest sovereign wealth fund at ~NOK 19 trillion (~$1.8 trillion USD). Invests in equities, fixed income, real estate and renewable energy. Real estate portfolio: approximately 2-3% of total fund. Active LP and direct co-investor globally. NBIM Strategy 28 broadens RE allocation into living sector + platforms/funds; backing Azora bid for €500m+ prime Spanish resi portfolio (1,910 units, Madrid/Málaga/Seville/Bilbao). New global head RE Alex Knapp (ex-Hines Europe CIO) since 2025.

Unlock mandates & allocation signals

See Norges Bank Investment Management's active mandates and live allocation signals — plus named decision-makers, unlimited AI capital-matching and CSV export.

  • Active mandates (strategy, asset class, geography, ticket, target IRR)
  • Live allocation signals, dated and attributed
  • Named CIOs & IC members + email & LinkedIn

From $599/mo · 20% off annual