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Lego Wealth Fund Will Exit Tankers Investment After Loss

marinesalvage by marinesalvage
February 11, 2023
in News
0
oil tanker at anchor
oil tanker at anchor

Lego Wealth Fund Will Exit Tankers Investment After Loss

By Christian Wienberg (Bloomberg)– Kirk Kapital, a riches fund had by participants of the Lego household, will certainly offer its 5 item vessels after the vessels set off the very first loss in 3 years.

Kirk Kapital, with concerning 8 billion kroner ($ 1.3 billion) under monitoring, shed an internet 182 million kroner in 2015, the Vejle, Denmark- based fund claimed in a declaration onThursday It made a note of the worth of the vessels by 224 million kroner.

“Kirk Kapital has decided to phase out the firm’s shipping activities,” Chief Executive Officer Kim Gulstad claimed in a declaration. “We therefore need to find a good moment to sell the five product tankers.”

The fund handles the wide range of the household of Gunhild Kirk Johansen, the sibling of Lego’s major proprietor as well as Danmark’s second-richest guy, Kjeld Kirk Kristiansen.

© 2018 Bloomberg L.P

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