North-East Family Office

About North-East Family Office

North-East Family Office ApS (brand NEFO) is a single-family office headquartered at Vestagervej 17 in Hellerup, Denmark, with a sister office in Singapore. The firm was established in 2013 by the founders of the Danish jewelry brand Pandora (Winnie Liljeborg, Per Algot Enevoldsen and Christian Algot Enevoldsen) and is today owned by Winnie Liljeborg and her son Christian Algot Enevoldsen. North-East Family Office Fondsmæglerselskab A/S, the regulated asset-management entity founded in 2017 and supervised by the Danish Financial Supervisory Authority, manages the family liquid portfolio. Aggregate assets under management are not publicly disclosed. The structure spans four entities: North-East Family Office ApS (holding and coordination), North-East Family Office Fondsmæglerselskab A/S (regulated asset management), North-East Private Equity (Singapore-based direct private equity) and North-East Venture (Denmark-based venture capital). The CEO is Lasse Dehn-Baltzer. NEFO positions itself as a multi-generational steward operating across asset management, private equity, venture capital and private credit.

Investment thesis

The asset-management arm pursues a return-first multi-asset strategy without explicit sustainability tilts, deploying across liquid public markets, private equity, venture and private credit. The private equity arm, run from Singapore, makes direct and fund commitments primarily in Asian and European mid-market opportunities. The venture arm operates as a Copenhagen-based direct-investment sleeve. Sectors are broad-mandate across financial services, consumer, industrial technology, software, climate and cleantech, healthcare and digital marketplaces, consistent with a single-family office diversifying wealth originating in the consumer jewelry sector. Geographically, NEFO concentrates on the Nordics and broader Europe out of Copenhagen and on Asia-Pacific out of Singapore. Ticket sizes for direct investments are not publicly disclosed, with venture-stage commitments via the venture arm historically ranging from approximately USD 250,000 to USD 5 million per round. The capital base is the principal family only. Value creation is anchored in long-duration holding periods, generational thinking and direct board engagement.

Recent activity

Recent activity includes a limited partner commitment to The Footprint Firm Footprint Fund I in climate and cleantech (2026, alongside EIFO, Realdania and Novo Holdings), continued direct deployment via the North-East Venture sleeve across software and energy storage, ongoing Asian mid-market activity via the Singapore-based North-East Private Equity, and multi-asset liquid book management via the regulated Fondsmæglerselskab. NEFO at the family-office level does not publish a direct-investment exit log. Where additional realisations exist, they are likely held under the Singapore PE entity or the regulated Fondsmæglerselskab and not externally reported. The platform continues to scale across the four-entity architecture spanning asset management, private equity, venture capital and private credit. Detailed buyer names and multiple data available on Pro at €49/month.