Permian is preparing for further growth with new defined leadership roles

October 5, 2023

Permian Business Partner AS has strengthened the leadership team with two roles, Technical Director (Fagdirektør) Anette Burum, and Quality Management Director (Kvalitetsstyringsansvarlig) Rita Granlund. In accordance with their succession planning, the Board of Permian AIF Depositary AS has promoted Benjamin Grønseth to CEO of Permian AIF Depositary AS.

The Permian Group has experienced a strong growth the last years and has now close to 100 employees. The group’s mission is to be “The driving force in the Nordic AIF Service Market” and the three core values are “precise, challenging and caring”. 


The largest entity in the group is Permian Business Partner (PBP) delivering fund administration and finance and accounting services. PBP is a regulated business subject to the new Act on Accountants which took effect on 1 January 2023. 


CEO of PBP, Susanne Berge Hansen expresses: Working with investment structures requires high precision and dedicated focus on quality in everything we do. We have created a value driven working environment where people are proud to deliver in accordance with our mission and values. However, delivering quality demands a continuous focus on being on top of changes in law, regulation and technical accounting and tax issues, continuous learning and good quality management.   


To be ready for further growth, maintain a strong focus on quality and to meet the requirements in the new Act, PBP is strengthening the leadership team with two defined functions: 


Technical Director (Fagdirektør) Anette Burum is State Authorised Public Accountant and State Authorised Accountant. Her responsibility is to enhance focus on technical accounting and tax issues and development of staff, and she has a significant role in our transformation project on the system side. Anette has been working with audit and accounting for 28 years and joined the Permian Group in 2012 where she has had various roles. She was CEO of PBP for 8 years. 
 
Quality Management Director (Kvalitetsstyringsansvarlig) Rita Granlund is State Authorised Public Accountant and State Authorised Accountant.  Her responsibility as defined in the new Act on Accountants is to establish and maintain proper quality management in the company.  Rita has more than 35 years of audit experience, including 23 years as partner in PwC where she also was Head of Assurance for 6 years. She joined Permian in 2021 as CEO of Permian AIF Depositary (AIFD). Rita is also Head of Sustainability in the Permian Group and will continue in this role. 


AIFD has had a tremendous growth the last few years. Succeeding Rita Granlund, Benjamin Grønseth, State Authorised Accountant, is promoted to CEO of AIFD. He joined PBP in 2016 and started to work in AIFD in 2019 and is a part of the company’s success. Prior to joining the Group, he has been working with administration and accounting for 5 years. 


CEO of Permian Group, Marianne Normann concludes: Permian’s strong growth demands continued focus on leadership and quality. I am happy that we have filled the leadership roles in Permian Business Partner with very competent and experienced persons, and at the same time, as planned, managed a successful internal recruitment to the role as CEO of Permian AIF Depositary AS.   


About Permian 
Permian is a leading Nordic fund administrator with offices located centrally in Oslo and Stockholm. The group 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. The group has close to 100 employees in Norway and Sweden and is experiencing continuous growth. 

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. 

Navigating the SFDR Evolution: SFDR 2.0 and Its Implications for Fund Managers

March 14, 2025
The Sustainable Finance Disclosure Regulation (SFDR) has been a cornerstone of the EU’s sustainable finance framework, but its implementation has revealed challenges, particularly around product classification and transparency. In response, on 17 December 2024, the EU Platform on Sustainable Finance released a briefing note outlining a proposed new categorization system to provide clearer guidance and improve investor understanding. This proposal is currently under review and has yet to become final legislation. However, with the SFDR revision scheduled for Q4 2025, fund managers must stay proactive in understanding and preparing for the new classification system. This article explores the proposed changes, insights from the ESAs’ joint opinion on SFDR, and what these developments mean for fund managers, investors, and the broader financial ecosystem.

SFDR Periodic Reporting in 2025: Considerations for Swedish and Norwegian AIFs

February 14, 2025
This post contains some key information for the periodic reporting under the Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector (the “SFDR”). The periodic report is a mandatory report for all article 8 and article 9 funds under the SFDR.

Permian Advisory, Risk Management and Compliance

February 11, 2025
At Permian, we understand that the complexities of modern investment environments demand robust advisory support, meticulous risk management, and unwavering commitment to compliance. Our specialized services ensure that fund managers and investment companies can navigate these challenges with confidence and focus on achieving their strategic goals.

Permian and Highvern Combine to Create New Leading Fund and Private Capital Services Platform

January 30, 2025
Permian, Telemos Capital (“Telemos”) , and Highvern are pleased to announce the signing of binding agreements to combine Permian and Highvern to create a leading international funds and private capital services provider. Existing shareholders to re-invest alongside both senior management teams. Together the businesses already operate in 7 jurisdictions with close to 300 employees and plan for further accelerated organic growth as a result of the new combination itself, alongside further expansion into new strategically important markets. Telemos, backed by the Jacobs family, will ensure the new group has the financial support to continue investing in its service offerings, people and technology in order to meet clients’ evolving needs. Already leaders in their respective markets, the Permian and Highvern brands are long-established and have built strong reputations for service quality and the strength of their client relationships. These will remain central to the group’s future values and strategy. Philippe Jacobs, Chairman and Founder of Telemos, and Johan Pettersson, Head of Business Services commented “We are excited to be able to bring these two first rate businesses together and are grateful to both management teams for their trust by choosing us as their partner. By leveraging our sector expertise and international network, we look forward to supporting the management teams with their plans to create a next generation, customer-centric, international funds and private capital services provider.” Marianne Normann, CEO at Permian added that “Following Telemos’ investment in Permian last year this announcement is an early demonstration of the benefits of working alongside forwardthinking partners. Together with Highvern, we are excited to expand our reach and serve our clients in new geographical markets. The combined group will be differentiated in the market by its high-quality service offering enabled by technology, allowing us to grow alongside our clients”. “Family capital is the ideal source of growth funding for an ambitious and respected business like ours” said Martin Hall, CEO at Highvern. “We have got to know the Telemos team closely over the last few years and can be confident that we will continue to serve our clients with the same focus on quality while accelerating our fund administration and private capital service lines in this new combination.” Subject to regulatory approvals the transaction is expected to close by mid-2025. Media contacts

Season's Greetings from Permian

December 20, 2024

Permian Business Partner Recognized as a DN Gaselle 2024

December 9, 2024
We are excited to announce that Permian Business Partner has been named a Gazelle Company for 2024 by Dagens Næringsliv. This recognition is based on meeting several criteria, including achieving profitability and doubling our turnover over the past four years.  Being included on the Gazelle list is an acknowledgment of our growth and the consistent efforts of our team. We are proud of this achievement and deeply appreciate the trust and support of our clients and partners, who have been vital to our progress.

Meet the Swedish Fund Administration Team

November 19, 2024
At Permian, our Fund Administration team works behind the scenes to ensure seamless operations for our clients. By managing the backbone of fund operations, we enable fund managers to focus on what they do best. Our team delivers a comprehensive suite of services, including investor and FSA reporting, liquidity management and forecasting where investor calls and distributions are important tasks, investor onboarding where we offer a fully outsourced KYC solution, handling of subscription forms for underlying investments, and coordinating with external advisors when there are several parties involved. In short, we take care of the details so our clients can stay focused on their priorities.

The AI Act – Impact on Alternative Investment Managers

October 22, 2024
On 13 June 2024, the European Parliament and the Council of the European Union signed the Artificial Intelligence Act ( Regulation (EU) 2024/1689 ) (the “AI Act”). The AI Act provides developers and deployers of AI with obligations regarding the use of AI. The law will apply in EU from 2 August 2026 and work is underway to facilitate rapid implementation in Norway.

The Backbone of Precision: Sweden’s Fund Accounting Team in Focus

October 15, 2024
At Permian Sweden, everything begins with exceptional fund accounting! We’re proud to have a dedicated team of 20 fund accountants who bring a wide range of expertise, experience, and a strong commitment to delivering an accurate and precise product. Their work is essential in managing our fund accounting and payroll processes, ensuring that we meet the highest standards of accuracy and compliance. We’ve seen firsthand how fundamental accounting missteps can disrupt operations, leading to errors in investor reporting, inaccurate IRR and waterfall calculations, and mistakes in investor payments. At Permian Sweden, we are committed to avoiding these pitfalls by building a strong foundation of precision and accountability in all aspects of our work.
More Posts