News - 01.12.2015

Succession at Herkules Singapore

(Oslo 1 December 2015) Herkules Capital opened its Singapore Office 1 September 2013. The office has since inception been headed by Senior Advisor Erik Borgen. As of year-end, Yngvar Christophersen will become the Herkules representative in Singapore, succeeding Mr. Borgen who will move back to Norway after more than 11 years in Singapore.

Since establishing Herkules Singapore, Mr. Borgen has offered competence and support to Herkules’ portfolio companies, and he has been instrumental in Herkules acquisitions with ties to the region. Furthermore, he has had an important role with regards to Herkules’ ongoing contact with Asian investors. Mr. Borgen will continue to support Herkules Capital as a Senior Advisor located in Oslo.

Yngvar Christophersen has an MBA from MIT and 30 years of experience in financial services, management consulting, and M&A. He has been living in Singapore for the last 1.5 years.

Patrik Egeland, Partner and COO at Herkules Capital says: “We are pleased to announce that Mr. Yngvar Christophersen will take on the responsibility for continuing to develop our presence in the region, which we deem important to Herkules Capital.”