Fast-growing Nordic fund administrator Permian becomes Highvern as group unites under one name
Stockholm, 9 November 2026
Permian, the Nordic fund administrator, today becomes Highvern. Since January 2025, Highvern and Permian have been part of the same international group but kept their own local brands. Bringing them together under one name is the next step in the group’s development.
The Group has more than 400 employees, serves clients across seven jurisdictions and has over €50bn of assets under administration. Almost a third of its people are based in Sweden and Norway, where Permian now administers more than 250 funds.
Permian has grown by an average of 34 per cent a year. This growth has been driven by more funds being launched in the region, a rising market share and stricter regulation that is pushing more fund managers to outsource fund administration.
The new brand gives Highvern a unified platform from which to keep delivering for clients and accelerate its growth. The rebrand is just one of several initiatives that cement Highvern's position as a partner of choice as they broaden service capabilities and extend geographic reach.
“This is an exciting moment for our business in the Nordics. We’ve built our reputation here through local knowledge and strong relationships, and becoming Highvern doesn’t change that. It means we can now connect our clients with expertise across a wider international network, while still supporting them locally in the way we always have,” says Marianne Normann, Head of Funds – Nordics, Highvern.
“I’m excited to bring our businesses together under the Highvern name. Each business has built strong reputations and trusted client relationships in their own markets. Together, we can now offer clients the reach of an international group with the personal service of a specialist. I’m incredibly proud of what we’re building and there’s a lot more to come,” says Caroline Connellan, Group CEO, Highvern.
About the group
Highvern is an international specialist provider of fund, corporate and private capital services, combining the reach of an international group with the personal service of a specialist partner. With more than 400 people and clients across seven jurisdictions, Highvern works with alternative fund managers, family offices, private clients and their advisers, and international businesses, supporting both single-jurisdiction and cross-border needs. Highvern administers more than €50bn of assets under administration.
