December 21, 2014 2:22 PM ET

Diversified Financial Services

Company Overview of Aktiv Kapital ASA

Company Overview

Aktiv Kapital ASA, together with its subsidiaries, engages in the acquisition, collection, and management of unsecured non-performing loans. It owns portfolios in 15 countries, including Austria, Canada, Finland, Germany, Norway, Spain, Sweden, Switzerland, and the United Kingdom, and internationally. The company, formerly known as Aktiv Inkasso AS, was founded in 1991 and is headquartered in Oslo, Norway. As of July 16, 2014, Aktiv Kapital ASA operates as a subsidiary of Portfolio Recovery Associates Inc.

Christian Krohgs gate 16

Oslo,  0186

Norway

Founded in 1991

421 Employees

Phone:

47 24 10 31 00

Fax:

47 24 10 31 01

Key Executives for Aktiv Kapital ASA

Chief Executive Officer
Age: 41
Chief Operating Officer
Chief Information Officer and ICT Director
Age: 50
Chief Funding Officer
Age: 59
Managing Director AK Nordic AB
Age: 51
Compensation as of Fiscal Year 2014.

Aktiv Kapital ASA Key Developments

Aktiv Kapital Appoints Ramesh Kashyap as Head of Investments for Canada

Aktiv Kapital announced the appointment of Ramesh Kashyap as Head of Investments for Canada. Mr. Kashyap will lead business development activities, as well as create and manage new strategic opportunities with a focus on developing and growing Aktiv Kapital Canada's distressed and alternative investments portfolio. As financial institutions make portfolio sales a core part of their business strategy, Aktiv Kapital's investments help sellers reduce risk, redeploy capital, effectively use resources and benchmark internal performance. Most recently, Mr. Kashyap was a managing partner at Darion Capital, whose focus was to find and finance distressed commercial loan and equity opportunities. Previously, he was a senior vice president and head of business development for Wachovia Capital Canada and prior to that senior vice president with GE Capital.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 19, 2014
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