Key Takeaways
- • Altaal and Nordic Credit Partners merged in April 2024 to create a Nordic-focused alternative investment firm managing SEK 6 billion in assets across real estate, infrastructure, and credit strategies.
- • The combined entity concentrates on green real estate and alternative assets, positioning itself to capture growing institutional demand for direct exposure to real assets and credit in the Nordic region.
- • Altaal, founded by Henrik Schmidt and Stefan Gattberg, operates as a value-driven investment firm acting as adviser, principal investor, and asset manager in real asset-centric businesses with a focus on responsible investment principles.
- • The merger expands the platform's capabilities by integrating Nordic Credit Partners' credit management expertise with Altaal's real assets and advisory infrastructure, creating a more comprehensive alternative investment offering.
- • Both firms are signatories to the Principles for Responsible Investment (PRI) and members of industry bodies including INREV and IPE, reflecting institutional-grade governance and ESG commitment standards.
Summary
Altaal, a Swedish alternative impact investment firm, and Nordic Credit Partners have formally merged to establish a Nordic investment company with SEK 6 billion under management. The combination, announced in April 2024, creates a platform focused on alternative assets with particular emphasis on green real estate, infrastructure, and credit opportunities across the Nordic region.
Altaal operates as a multi-faceted investment vehicle, functioning simultaneously as an adviser, principal investor, and asset manager. Founded by Henrik Schmidt and Stefan Gattberg, the firm has built its reputation on a value-driven investment approach applied to real asset-centric businesses. The merger with Nordic Credit Partners, a dedicated credit management firm, extends Altaal's capabilities beyond traditional real assets into structured credit and alternative credit markets, broadening the firm's appeal to institutional investors seeking diversified exposure across real assets and credit strategies.
The combined entity reflects growing institutional appetite for direct exposure to real assets and credit, a trend that prompted both firms to consolidate their platforms in 2024. By integrating Nordic Credit Partners' credit expertise with Altaal's real asset infrastructure and advisory capabilities, the merged firm positions itself to offer comprehensive alternative investment solutions tailored to Nordic and broader European institutional investors.
Both organizations maintain institutional-grade credentials as signatories to the internationally recognized Principles for Responsible Investment (PRI) and hold memberships in INREV and IPE, underscoring their commitment to responsible investment standards and professional governance. The SEK 6 billion asset base provides the merged firm with sufficient scale to serve family offices, institutional investors, and alternative investment professionals seeking Nordic-focused exposure to real estate, infrastructure debt, and structured credit opportunities.
Altaal operates as a multi-faceted investment vehicle, functioning simultaneously as an adviser, principal investor, and asset manager. Founded by Henrik Schmidt and Stefan Gattberg, the firm has built its reputation on a value-driven investment approach applied to real asset-centric businesses. The merger with Nordic Credit Partners, a dedicated credit management firm, extends Altaal's capabilities beyond traditional real assets into structured credit and alternative credit markets, broadening the firm's appeal to institutional investors seeking diversified exposure across real assets and credit strategies.
The combined entity reflects growing institutional appetite for direct exposure to real assets and credit, a trend that prompted both firms to consolidate their platforms in 2024. By integrating Nordic Credit Partners' credit expertise with Altaal's real asset infrastructure and advisory capabilities, the merged firm positions itself to offer comprehensive alternative investment solutions tailored to Nordic and broader European institutional investors.
Both organizations maintain institutional-grade credentials as signatories to the internationally recognized Principles for Responsible Investment (PRI) and hold memberships in INREV and IPE, underscoring their commitment to responsible investment standards and professional governance. The SEK 6 billion asset base provides the merged firm with sufficient scale to serve family offices, institutional investors, and alternative investment professionals seeking Nordic-focused exposure to real estate, infrastructure debt, and structured credit opportunities.
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