Saturday, July 2, 2016

Former broker state lost 17 million. – OBI Online

In autumn 2014 it became known that corporate finance top Roy Oddvar Myklebust in ABG Sundal Collier would cease to manage their own money, writes DN.

He called his capital from shipping magnate heir Tone Charlotte Bergesen and started a company where both Myklebust and Bergesen money managed together. This company, Catiline Invest AS, is 55 percent owned by Bergesen.

The annual report for 2015 shows that Catiline has lost a scant 17 million kroner, so that equity fell to 260 million.

According to DN, it is unclear which companies were in the portfolio during the year, but by the end of 2015 consisted of including Aker, DNB, Entra, Norwegian Hydro, Norwegian Air Shuttle, Storebrand and Yara International.

Myklebust private investment, including his ownership of Catiline Invest, are managed Lamholmen as. Here it has gone better. The accounts show that the company gained a scant 26 million crowns, despite the fact that Catiline and Lamholmen shareholders in many of the same companies.

– I’m on vacation and have no comment to the financial statements. This is quite ordinary equity investments, says Myklebust to DN.

Tone Charlotte Bergesen would rather not comment Catiline result, but stressed that she has full confidence in Myklebust and that she will continue to invest with him in the future.

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