As a result of the continued growth and development, Permian is expanding and relocating to new and bigger office spaces in Stockholm. 

 “We see a challenging market with geopolitical uncertainties and a declining economy, which affects all businesses. Despite this, we experience strong growth in the Permian group, with great demand for our services in the Nordic countries”, says Marianne Normann, Group CEO of Permian.

Since Permian started its journey on becoming the leading Nordic Fund administrator in 2015, the company has grown from 10 to nearly 70 employees.

"As part of the strong development, with more employees, we will soon upgrade to larger office premises in Stockholm, as we have outgrown the current premises. We look forward to welcoming our customers to Vasagatan 36 from 1^st November 2022.", says the CEO.  

The Best Workplace in the Nordic Countries

Permian Group is a leading Nordic fund administrator with offices in Stockholm and Oslo. The group offers a complete set of business support services designed for funds, fund managers, investment firms, family offices, trusts, associations, and foreign companies seeking local representation in the Nordics.

"We play a part in making it possible for our clients to operate their businesses more effectively and efficiently", says Marianne.

She came to Permian from PwC in 2014 and has held various management positions in the group. She knows the market and the customers well, as well as the challenges that her colleagues face in their line of work.

“It is crucial that employees know they are valued to deliver top quality and be the preferred partner for our clients. We have set a goal to be the Best Workplace in the Nordic Countries".

Permian’s values – caring, precise and challenging – have been core in developing the company culture. "Growing fast makes it more challenging to develop a strong company culture. However, our customer satisfaction survey shows that our clients perceive us as kind, competent, experienced and hard-working, which makes me proud” says the CEO. 

The Preferred Partner for our clients

To continue the development of Permian as the leading Nordic fund administrator, Marianne argues that Permian must keep investing in both people and IT.

“Digitization continues and we will therefore make significant investments in our IT platform and run several development projects in this area”.

Following the EU regulation and the coming Norwegian law on sustainable finance, it is an increased demand for risk and compliance services in both Sweden and Norway. “We have gained experience working with our Swedish clients when the EU regulation became effective last year and we experience an increased demand for these services both in Sweden and in the Norwegian market.”

In addition to fund administration and accounting, Permian has long experience in delivering depository services in Norway. “This year we have expanded the depository business to Sweden, where we see an increasing demand and expect further growth”, says Marianne.

Permian is a truly Nordic firm where our teams in Norway and Sweden work together every day and build on each other’s experience and strengths to develop the business so that Permian can reach the goal to become the best place to work.