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. HONG KONG
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Business Description
The holding and investment company of the Novo Nordisk Foundation
Novo Holdings is a holding and investment company that is responsible for managing the assets and the wealth of the Novo Nordisk Foundation, one of the world’s largest enterprise foundations.
Novo Holdings is the controlling shareholder of Novo Nordisk and Novonesis (the Novo Group companies) and manages an investment portfolio with a long-term return perspective. Novo Holdings invests in life science companies at all stages of development and, in addition, manages a broad portfolio of equities, bonds, real estate and infrastructure assets as well as private equity investments.
As of year-end 2023, Novo Holdings had Total Assets under Management of DKK 1,114 bn (€149 bn). For more information, read our annual report.
Our investment areas
“The strong performance of our Investment Portfolio, coupled with our diversification efforts, and the continued growth of the Novo Group companies led to 9.4% returns in 2023, which is above industry benchmarks. By generating attractive long-term returns, Novo Holdings enables the growth of the Novo Nordisk Foundation’s grant-giving capacity in medical, scientific, and humanitarian fields.” - Kasim Kutay, CEO of Novo Holdings.
We operate from offices in Copenhagen, London, San Francisco, Boston, Singapore and Shanghai.
We recruit candidates from diverse backgrounds who embrace a culture of high performance with respect and responsibility. Read more about our diversity policy.
A values-based company:
We strive for high performance with respect and responsibility
Life Science Allocation
Diversified Capital Investments Allocation
Significant Direct Investments
Excellence in operations
Ensuring solid foundations for success
Talent Nurture & Development
Governance & Processes
Strong collaboration and cohesion
We aspire to be catalysts for change by investing in companies that – like Novo Holdings – believe that we have a responsibility to alleviate the pressing challenges facing human and planetary health.
Total Assets under Management by the end of 2023
5-year average annual return on the Investment Portfolio
Return on the Investment Portfolio in 2023
2900 Hellerup Denmark
Christian Mostrup Scheel
Head of Public Relations
Novo Holdings US Inc.*
200 Clarendon Street, Floor 45
Boston, MA 02116 USA
One Market Plaza, Floor 17 of the Steuart Tower
San Francisco, CA 94105 USA
Novo Holdings Equity Asia Pte. Ltd.*
#40-01, 6 Battery Road
Novo Holdings (UK office)
Business Overview
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