AKO Capital
AKO Capital was founded in London in 2005 by Nicolai Tangen, a Norwegian investor who previously worked at Egerton Capital. The firm runs a concentrated long/short equity strategy focused on high-quality European and global businesses with strong competitive positions and superior management teams. AKO has been recognized as one of Europe's top-performing hedge funds, known for rigorous fundamental research and a strong emphasis on corporate governance and sustainability factors.
In 2020, Nicolai Tangen was appointed CEO of Norges Bank Investment Management — Norway's $1.7 trillion sovereign wealth fund — stepping back from AKO's day-to-day management. AKO has maintained its investment approach under the leadership of its remaining partners. The firm also runs a significant charitable initiative, the AKO Foundation, which funds arts and education projects in the UK and Norway. AKO's portfolio has historically been concentrated in high-quality consumer, technology, and healthcare businesses.
We look for companies that will be structurally bigger and better in five years than they are today — businesses with pricing power, recurring revenue, and management teams that think and act like long-term owners.
— AKO Capital, AKO Capital