Our Story

Permian was incorporated in Norway 2008 and is a leading Nordic fund administrator with offices located centrally in Oslo and Stockholm. Permian offers a complete range of business support services designed for AIF funds and their managers, investment firms, family offices, holding companies, trusts, associations and foreign companies seeking local representation. Permian has about 130 employees in Norway and Sweden and have experienced a strong growth the last years.


From mid-2025, we have also come together with Highvern, an award-winning provider of private wealth, fund, and corporate administration services. This collaboration allows us to offer a comprehensive range of services in Cayman Islands, Guernsey, Ireland, Jersey and the UK, alongside our existing locations.


Founder-led and backed by long-term family capital, our focus on “Everything correct” remains at the heart of everything we do

The business is conducted through several subsidiaries

  • Permian Fund Services AS including Permian Fund Services AS, svensk filial: Manager with AIFM licence for third party management of alternative investment funds in the EU and EEA area. Permian Fund Services AS is a fully owned subsidiary but independent in respect of its purpose, and has two external board members, Bård Erdvik and Richard Nilsen.


  • Permian Business Partner AS: Norwegian company that provides fund administration, accounting, tax, business management, advisory services and IT solutions for managers, funds and investment companies in the Norwegian market.


  • Permian Administration AB: Swedish company that provides fund administration, accounting, tax, business management, advisory services and IT solutions for managers, funds and investment companies in the Swedish market.


  • Permian AIF Depositary AS including Permian AIF Depositary Filial (Sweden): Approved specialised depositary for alternative investment funds in Norway and Sweden. Permian AIF Depositary AS is a fully owned subsidiary but independent in respect of its purpose, and has a separate board with external board members only, Chairman Kåre Idar Moljord and the directors Frede Baumann and Asbjørn Næss.

"Everything correct"

Permian works steadily with the work environment and culture building around a set of core values. Working with investment structures requires high precision in order to achieve the group’s mission “Everything correct”. The three core values are precise, challenging and caring.

News about Permian

Permian’s Commitment to ESG: Supporting AIF Managers on their Sustainability Journey

June 10, 2025
At Permian, we believe that sustainability is more than just a regulatory requirement—it’s an essential part of creating long-term value to investors in the private equity markets. As the ESG landscape continues to evolve at a rapid pace, we’re committed to being a trusted partner for AIF managers navigating this complex terrain. The introduction of regulations such as the Sustainable Finance Disclosure Regulation (SFDR) and the EU Taxonomy has brought both challenges and opportunities for fund managers. Understanding the requirements, aligning with investor expectations, and integrating ESG into operations can feel overwhelming and time consuming. That’s why we’re developing tailored ESG services specifically designed to support and offload AIF managers in their journey toward compliance and sustainable growth. Services that are a natural extension of Permian’s long-standing values: Precise, Challenging, and Caring. “At the heart of our commitment is a focus on finding and building the best, most efficient solutions to support the ESG journey of AIF managers. We understand the complexities fund managers face and are dedicated to making the process as easy and seamless as possible,” says Agata Bremer, Head of ESG at Permian. By leveraging innovative and effective tools, streamlined processes, and expert guidance, we aim to reduce the efforts and any burden of compliance and create clarity in an otherwise complex regulatory landscape. Our approach is hands-on, operative and collaborative. Through ongoing dialogues with clients, including workshops and one-on-one support, we aim to uncover pain points and identify practical solutions. Whether it’s simplifying ESG reporting, aligning investment strategies with sustainability goals, or addressing regulatory obligations, our goal is to provide actionable guidance that truly makes a difference.  We’re excited about the opportunities ahead and look forward to helping AIF managers turn handling of sustainability from a challenge into a competitive advantage. Together, we can create lasting impact for businesses, investors, and the environment.

Practical insights for Norwegian AIFMs from the Swedish implementation of DORA

May 27, 2025
The Digital Operational Resilience Act (Regulation (EU) 2022/2554), commonly known as DORA, aims to address the growing reliance on Information and Communication Technology (ICT) in the financial sector and mitigating its associated risks. As of January 17 2025, DORA is applicable in the EU. Throughout autumn of 2024, Swedish Alternative Investment Fund Managers (“AIFMs”) subject to DORA have made substantial progress in implementing and ensuring compliance with the regulation. Effective DORA implementations have started with the formation of a cross-functional project group and conducting a gap analysis to align existing frameworks with DORA requirements. Key components include establishing an ICT risk management framework, implementing incident response procedures, and managing ICT third-party risks through updated contracts and a comprehensive register of information. Compliance systems have enabled Swedish AIFMs to optimize data handling and maintain technical accuracy. Norway’s legislative proposal for DORA was adopted on 20 May 2025, and the Dora Act expected to enter into force between summer of 2025 and January 2026. The first mandatory reports are anticipated in early 2026. Given DORA’s extensive requirements, Norwegian AIFMs should initiate preparations now to ensure timely compliance. At Permian, we have actively advised and consulted Swedish AIFMs throughout this process, gaining valuable insights into the practical steps for successful DORA compliance. In the full article, we outline the key considerations and actions Norwegian AIFMs should take as they prepare for the upcoming implementation of DORA in Norway. For access to the full article, please click here. Update: The DORA Act in Norway will enter into force on July 1, 2025.

Empowering Investors with Our Allvue Investor Portal

March 27, 2025
In today’s fast-paced financial landscape, providing your investors with a seamless, secure, and professional experience is more important than ever. That’s why we’re proud to offer our Allvue Investor Portal—a dynamic solution designed to enhance communication, streamline operations, and empower investors with the tools they need to stay informed. 
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The Management Team

Permian group

Marianne Normann

  • Head of Funds - Onshore

    Marianne became CEO in 2020 and has been part of the Permian management team in various positions since she started in 2014, building the Permian Group to what it is today. Prior to Permian she worked with financial due diligence and audit in PwC for 6 years. She has extensive experience working with investment funds, transactions, audit, accounting and tax. She holds a MSc in Finance and a MSc in Auditing and Accounting. 

+47 416 92 662

mn@permian.no

Permian group

Mattias Ekvall

  • Head of Sales & Business Development - Onshore

    Mattias had fifteen years of experience from the financial industry prior to joining Permian in 2021. He has worked within fund administration for hedge funds, and most of his career within sales and business development at Brummer & Partners where he cater for high-net-worth individuals, foundations and companies within wealth management services.

+46 760 22 94 66

mattias.ekvall@permian.se

Permian BUSINESS PARTNERS AS

Susanne Berge Hansen

  • Country Head Norway & Head of Fund administration and accounting

    Susanne started her journey in Permian in 2012 and has extensive experience working with customers within our industries. She has had various positions in the Permian group, and has her main competence within fund administration. Susanne holds a master in business administration with specialization in finance from Oslo Met (No.siv.øk.).

+47 975 21 191

sbh@permian.no

Permian Administration AB

Ida Stefanik Strand

  • Country Head Sweden & Head of Fund administration and accounting

    Ida has more than 10 years experience from the finance industry with a focus on fund administration, working with both onshore and offshore alternative investment funds. Prior to joining Permian in 2019, Ida played a vital role in the establishment of the Swedish office for a large international fund administrator. Ida holds a degree of Master of Science in Business and Economics from Stockholm University.

+46 736 77 99 54

ida.stefanik.strand@permian.se

Permian Group

Felicity Guttormsen

  • Head of Advisory and Regulatory Affairs - Onshore

    Felicity is an experienced professional with over 22 years in the financial industry. Since joining Permian in February 2023 as Director of Advisory—now Head of Advisory & Regulatory Affairs—she has led our AML, fund structuring and regulatory initiatives. Previously, at AK Jensen, she steered compliance, fund coordination and MLRO responsibilities across multiple jurisdictions.

+47 454 31 493

felicity.guttormsen@permian.no

Permian AIF Depositary AS

Benjamin  Grønseth

  • Head of Depositary - Onshore

    Benjamin has been working with accounting since 2011. He started in Permian Business Partner in 2016 where he delivered accounting services to clients within the investment industry and PE-funds. From 2020 he has been working in Permian AIF Depositary performing the depositary function for AIFs mainly within PE, real state, fund in fund, tech and more. Benjamin is a State Authorised Accountant.

+47 980 80 005 

benjamin.gronseth@permian.no

PERMIAN Fund Services AS

Rune Selmar

  • Head of Fund Hotel - Onshore

    Rune has more than 35 years experience from investment banking and investments management, including former positions as managing director of Folketrygdfondet and ODIN Forvaltning AS. He is educated Siviløkonom from NHH, Autorisert Fondsmegler from Bankakademiet and Autorisert Finansanalytiker from NHH/NFF.

+47 928 21 226

rune.selmar@permian.no

Permian group

Axel Høvo Daasvand

  • Head of Risk & Compliance - Onshore

    Axel has experience from private equity since 2008 including 7 years as CFO of Cubera Private Equity. He has extensive experience from PE fund formation, structuring and operations, and he has been central in developing the Permian Group to what it is today. Axel holds a MSc in Business Administration from Edinburgh (No. Siv. Øk.) and a Master of Laws from the University of Oslo.

+47 911 82 765

ahd@permian.no

Permian GRoup

Johanna Bjenne

  • Head of Fund Operations - Onshore

    Johanna had  14 years of experience in the finance industry, specializing in Fund Administration, Business Development, and System Implementation when joining Permian as Improvement & Change Director in 2023. She held diverse leadership and managerial positions, both on the client and vendor fronts, where she has contributed to establish a solid foundation for progress and expansion for these organizations. In May 2025 she became our Group COO.

+46 70 750 39 34 johanna.bjenne@permian.se

Permian group

Scott Danielsen

  • Head of Finance - Onshore

    Scott is our Head of Finance - Onshore, with over 24 years of finance expertise, including 14 years in audit, six years in due diligence and four prior CFO roles at international companies. He has been hands on in implementing new ERP systems, overseeing periodic financial reporting, budgeting and forecasting, and securing financing.

+47 952 55 620

scott.danielsen@permian.no

Permian group

Simon Carlstedt

  • Head of Technology - Onshore

    Simon is an experienced manager with more than 25 years in banking, asset- and fund management. Simon has spent most of his career in various roles within business development and streamlining businesses by use of modern systems combined with optimised routines and processes and successful people. management. Most roles have been in the borderland between business and IT, both at vendor- and customer side.

permian group

Maria Nystedt

  • Head of HR - Onshore

    Maria has a long and broad experience from the entire Human Resources area. She has for over 20 years worked with HR in several different industries, the latest being KPMG and Oriflame.  Maria holds a Bachelor degree in HR Management and Development from Stockholm university.

+46 765 42 23 97

maria.nystedt@permian.se

Sustainable Finance

and SDG

Long term value creation

Permian believes that high standards in the areas of environment, social responsibility and corporate governance (ESG) as well as sustainable development goals (SDG) are a prerequisite for the group to be able to contribute to long-term value creation in companies and attract the best talents.


EU has made demands for transparency, classification and reporting for fund activities, including the Disclosure Regulation (SFDR) and the Taxonomy Regulations (TR). These requirements have a major impact on clients who are fund managers and their funds. Most of our clients are subject to these regulations and Permian has gained a lot of practical insight into the new legislation through our support across many clients.


Permian works with continuous development of operational experience, solutions and expertise in sustainable finance. Through this, Permian assists customers in operationalizing the relatively large set of guidelines, frameworks and reporting requirements within this area.

Permian focuses on 4 of the 17 SDGs from the UN. Through this, we seek to help achieve the goals for the Paris Agreement.

The Transparency Act (åpenhetsloven)

The Transparency Act Annual Assessment

The Transparency Act entered into force 1 July 2022.  The aim of the Act is to promote firms' respect for fundamental human rights and decent working conditions in connection with the production of goods and the provision of services and ensure the general public access to information regarding how enterprises address adverse impacts on fundamental human rights and decent working conditions.


We refer to our Transparency Act Annual Assessment for the year 2023 click here in Norwegian or click here in English.