• Asset Buyout Partners is an industrial real estate company with a dedicated investment strategy aimed towards real estate and infrastructure assets located in Norwegian oil and gas clusters

About

  • Asset Buyout Partners (ABP) is an industrial real estate company with a dedicated investment strategy aimed towards real estate and infrastructure assets located in Norwegian oil and gas (O&G) clusters. Mission critical infrastructure characteristics provides comfort for cash flows well beyond contracted lifetime – underpinned by attractiveness and longevity of the Norwegian O&G region. The Norwegian Continental Shelf (NCS) is a highly attractive and globally competitive O&G region due to a combination of access to infrastructure, a stable regulatory environment and the nature and size of the remaining resources.

    The company is owned by HitecVision, Europe’s leading specialist private equity investor focused on the O&G industry, and ABP management. Since 1994, HitecVision has invested in, acquired or established more than 150 companies (including add-on acquisitions) in the O&G industry. The combined network and experience of HitecVision and ABP provides us with intimate knowledge of the O&G industry and represents an unmatched combination in which to build Norway’s leading industrial real estate and infrastructure company.

    ABP owns a diversified portfolio of mission critical O&G assets strategically located in key NCS clusters. As of 30 June 2018, we own and manage 1.65 million square meters of land and infrastructure including piping for bulk supply, 215,000 sqm of primarily industrial facilities specialized for O&G supply base activities and 750 meters of quays. In addition, we have a combined 440,000 sqm of zoned, undeveloped land that provides expansion opportunities for existing as well as new customers.

    HitecVision and ABP has an ambition to grow the company considerably in scale over the coming years based on a substantial pipeline of accretive and highly visible organic and inorganic growth opportunities. ABP will leverage the company’s unique strategic position, scale, portfolio composition and system value to continue to build value for our customers and shareholders.

    The company has 12 full time employees with significant sector-specific expertise and relationships with leading companies in the Norwegian O&G industry. ABP is a professional landlord and seeks long-term partnerships with our customers. Our expertise extends to structuring, owning, developing, financing and managing onshore O&G assets. The company is headquartered centrally in Oslo with regional asset management teams serving our customers locally.

Team

Management
Board of directors
William W. Wittusen
Chief Executive Officer
PHONE
+47 91 79 39 89
Biography
William W. Wittusen co-founded ABP in 2015 together with HitecVision. He has extensive experience from the real estate market in a variety of roles on the management and principal side. Before ABP, Mr. Wittusen held the position as Managing Director of Akastor Real Estate, a subsidiary of Akastor ASA, a Norway-based oil-services investment company. Prior to this, he was Head of Corporate Real Estate in Aker Solutions ASA, a global provider of products, systems and services to the oil and gas industry. He also has significant real estate structuring and investment experience from UNION Gruppen, an independent and leading real estate company within the Norwegian commercial property market and from the property investment company Mapeley in London. Mr. Wittusen graduated cum laude with a BSBA in finance and minor in economics from the University of Denver, Colorado, USA.
Karl Otto Eidem
Chief Financial Officer
PHONE
+47 97 69 92 86
Biography
Karl Otto Eidem has broad experience from the Norwegian finance market. Mr. Eidem joined ABP in March 2016 from DNB where he has spent the last 7 years in the Investment Banking Division working both with Leverage- and Corporate Finance. Prior to this he filled roles as Head of Equity Research and later CEO in RS Platou Markets, and CFO in Norway Seafoods. Mr. Eidem holds an MBE (Siviløkonom) from the Norwegian School of Management.
Erik Evjen
Chief Operating Officer
PHONE
+47 48 26 43 14
Biography
Erik Evjen joined ABP in May 2018 from Mongstad Group after ABP’s acquisition of the company, where he served as CFO for two years. Mr. Evjen has significant real estate experience from Mongstad, and O&G industry experience in general, based on previously held management roles in Troms Offshore (CFO) and Petrojarl (CFO), and has broad experience from investment management, M&A and strategy development working for Sector Asset Management, Teekay Shipping, PGS and Carnegie Investment Bank. Mr. Evjen holds an M.Sc in Economic and Business Administration (Siviløkonom) from the Norwegian School of Economics (NHH).
Henrik Melle
Finance Manager
PHONE
+47 40 63 94 17
Biography
Henrik Melle joined ABP in August 2016 from a position as Manager at KPMG. He has broad experience from audit of real estate clients over several years and his experience is comprehensive within accounting, tax, VAT, transactions and reorganizations. His experience is versatile from working with a diversified portfolio including listed companies. Mr. Melle is a State Authorized Public Accountant and holds a BSc in Business and Administration and a MSc in Accounting and Auditing from BI Norwegian Business School.
Line Thorbjørnsen
Controller
PHONE
+47 93 05 70 58
Biography
Line Thorbjørnsen joined ABP in June 2018. She has four years of work experience as an auditor in the finance department in EY. From EY she has experience in particular with clients in banking and asset management. Line is a State Authorized Public Accountant with two master degrees from The Norwegian School of Economics (NHH), one MSc in Financial economics and one MSc in Accounting and Auditing.
Julie Christina Aasen
Office Manager
PHONE
+47 91 13 09 91
Biography
Julie Christina Aasen joined ABP in June 2018. She holds a BBA in Shipping from BI Norwegian Business school and an MBA in Finance from the University of East London. After completing her MBA in 2014, Julie moved to Dallas, Texas where she worked in Finance, Business Development and was a Licensed Real Estate Agent.
Christopher Knudtzon
Senior Investment Associate
PHONE
+ 47 932 60 653
Biography
Christopher Knudtzon joined ABP in August 2016 from a position as Associate at Arkwright Consulting. Mr. Knudtzon has experience from M&A, strategy development and profit improvement across a broad range of industries, primarily advising private equity clients in the transaction process and during the investor's holding period. Mr. Knudtzon holds an MSc in financial economics from The Norwegian School of Economics (NHH) and Columbia University, New York, USA.
Thor Edvard G. Holm
Investment Associate
PHONE
+47 92 22 47 80
Biography
Mr. Holm joined ABP as an analyst in January 2016. His previous work experience includes a capital markets internship with Samuel A. Ramirez & Co. in New York City, in addition to extensive real estate management and administration experience from previous part time engagements. Mr. Holm holds a MSc in finance from Cass Business School in London, UK, as well as a BBA in finance from Pace University, New York, USA.
Tore Notø Johnsen
Senior Adviser - Bergen Region
PHONE
+47 41 56 35 15
Biography
Tore N. Johnsen joined ABP in May 2018 from Mongstad Group after ABP’s acquisition of the company, where he served as CEO. Mr. Johnsen has significant experience within supply base logistics and development of supply base and port infrastructure and facilities. Mr. Johnsen holds examination certificates from various programs within economics, management and marketing from the Norwegian School of Economics and Business Administration (NHH).
Kjell Kallestad Stople
Asset Management Director – Bergen Region
PHONE
+47 41 14 67 57
Biography
Kjell Kallestad Stople joined ABP in May 2018 from Mongstad Group after ABP’s acquisition of the company, where he served as COO. Mr. Stople has extensive O&G and energy industry experience from previous management roles working with high level business development, M&A and asset management both in the Nordics and internationally. Mr. Stople holds an Executive Master of Management from BI Norwegian Business School (BI), and a B.Sc in Engineering from Western Norway University of Applied Sciences (HVL).
Kenneth Molland Halhjem
Asset Management Associate - Bergen Region
PHONE
+47 47 61 41 43
Biography
Kenneth Molland Halhjem will be joining Asset Buyout Partners in July 2018 from Experis Engineering where he was technical consultant to Mongstad Group and a part of the asset management team since December 2016. Mr. Halhjem has worked in the O&G industry in various capacities since 2005, with special emphasis on technical integrity assessment and asset management. Mr. Halhjem holds a B.Eng in mechanical engineering from Western Norway University of Applied Sciences.
Martin Berg-Johnsen
Asset Management Associate
PHONE
+47 93 21 08 87
Biography
Martin Berg-Johnsen joined Asset Buyout Partners in October 2017. Since 2015 Mr. Berg-Johnsen has filled the role as Property Manager at Malling & Co, where he has been responsible for a large real estate portfolio in Norway. He has broad experience from various aspects of real estate management, including profit improvement, lease contracts, M&A, common cost, budgeting and general follow-up of owners and tenants. Berg-Johnsen holds an MSc in financial economics from The Norwegian School of Economics (NHH).

Contact

  • Email

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    Visitor address

    Asset Buyout Partners

    Olav Vs gate 1

    0161 Oslo, Norway

    Postal address

    Asset Buyout Partners AS

    Postboks 1537 Vika

    0117 Oslo, Norway

Careers

  • We are always looking for talented and ambitious candidates to add to our team of dedicated professionals.
     
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