NorthCape operates world wide with headquarters in Oslo. We are currently 16 employees with extensive investment and commercial banking experience.
NorthCape was established in January 2012 as a partnership between the employees and shipping professionals. We provide consulting services in respect of financing, sale, purchase, and chartering of shipping, cruise, offshore and aviation assets. Since inception we have structured and closed transactions of around USD 21.3 billion.
Our clients include listed and private companies. NorthCape enjoys an excellent network of relations with leasing companies, banks as well as private and institutional investors. We have developed a strong footprint among Chinese financial institutions, having arranged financing of more than 325 assets since 2012.
Our performance shall be matched against the standards of industry peers in terms of quality, diligence and execution. NorthCape takes a zero-tolerance approach towards bribery and corruption. We strive for innovation and diligence in our interface with our clients, financing sources and other stakeholders. Our business approach shall be humble, honest and focused.
During 2018, the effort to penetrate aviation finance business brought success with the structuring of finance leases for four narrow-body commercial aircrafts. This initiative has since continued to develop with several new transactions.
Most notably, during 2019 NorthCape assisted Norwegian Air Shuttle ASA and CCB Financial Leasing to set up a joint venture company with a purpose of initially acquiring 27 A320 aircraft and with the potential to increase this portfolio of aircraft further. This transaction is a testimony of our excellent relationship with financial institutions in the Chinese market.
We have developed a strong international finance intermediary, having arranged and closed more than 325 assets (aircrafts and ships) since 2012 in 130 separate transactions.
About us - Corporate structure
NorthCape AS is incorporated in Norway with a subsidiary in Singapore. The group employs about 20 staff working from offices in Norway, Singapore, London, Athens and with representatives in Copenhagen and Houston. Most employees are shareholders, directly or indirectly.
The Board of NorthCape AS (the operating entity) consists of six directors:
- Peter D. Knudsen (chairman)
- Lars Solbakken (independent director)
- Teck Cheong Ho (independent director)
- Anders Severinsen
- James Stove-Lorentzen Jr.
- Axel Stove Lorentzen (advisor to the board)
The Board adjourn 4-6 times annually to discuss statutory and business matters.
Knut S. Hongseth and Nils Kr. Kovdal are joint CEOs & Managing Partners.
The Board
Anders Severinsen
Managing Director & Partner
Direct: +47 2239 8711
Mobile: +47 9522 5633
E-mail: as@ncape.com
Corporate governance
The main objective for NorthCape is to develop a strong, sustainable and competitive company in the best interest of the employees, shareholders and third parties.
The Board of Directors and Management aim for a controlled, profitable development and value creation through well-founded governance principles, operational procedures and risk management. The Board, management and employees are committed to a strong anticorruption culture, and to upholding laws relevant to counter-bribery and corruption, sexual harassment, including but not limited to, the OECD Anti-Bribery Convention and the provisions of Criminal Act in Norway, Singapore and Greece.
Corporate governance
The main objective for NorthCape is to develop a strong, sustainable and competitive company in the best interest of the employees, shareholders and third parties.
The Board of Directors and Management aim for a controlled, profitable development and value creation through well-founded governance principles, operational procedures and risk management. The Board, management and employees are committed to a strong anticorruption culture, and to upholding laws relevant to counter-bribery and corruption, sexual harassment, including but not limited to, the OECD Anti-Bribery Convention and the provisions of Criminal Act in Norway, Singapore and Greece.
Vision / Mission
NorthCape AS is an independent financial consultant and intermediary. The holding company, NorthCape Capital AS was established in 2012 and founded on a hard-working partnership culture with the ambition to attract motivated and talented finance professionals.
NorthCape offers access to a broad network of financial institutions and alternative capital providers focusing on the maritime and aviation industries. Evidenced by our credentials, we provide unparalleled execution and transaction experience.
Our ambition is to:
- Provide the best advice in relation to structuring and sourcing of financing for ships and aircraft
- Provide competitive terms and ensure seamless execution of finance transactions
- Be a preferred and sustainable employer
- Run a cost focused and profitable operation
Doing good business with bad people simply doesn’t work
– Warren Buffet
NorthCape has the knowledge and experience to offer appropriate financing structures throughout the market cycle
We strive for innovation and diligence
We strive for innovation and diligence in our interface with our clients, financing sources and other stakeholders. Our business approach shall be humble, honest and focused.
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