Altitude Capital AS is an alternative investment fund under the AIFMD-regulation with close to 50 shareholders. The company was founded by Grunde Eriksen in late 2016, with around NOK 180m in asset under management which has today grown to roughly NOK 650m.

The fund has a long/short strategy on listed assets, where the long side is typically focused on growth companies with a reasonable valuation. In addition to listed assets, Altitude Capital AS also invest in privately held companies in different stages of development. The investment horizon is typically long term, but part of the portfolio is actively managed as opportunities arise.

The Fund is managed by AC Management AS.

Grunde Eriksen started his career in Enskilda Securities, where he for the most part was located in London and worked in the ECM division.

In 2007, Eriksen joined Mads Syversen and several others in establishing the independent investment bank Arctic Securities, which today holds a leading position in Norway.

In Arctic Securities Eriksen held the position of Intl. Equity Sales from 2007 to 2016.

In late 2016,  Eriksen founded Altitude Capital, where he today remains the largest shareholder. Eriksen is Chairman Of The Board in Rentelligent Group AS (Husleie.no) and has previous experience as a board member of a publicly traded company.