The team is characterized by its substantial experience from the oil and gas industry, and its long term stability. Combined the 39 investment professionals have 500 years of oil and gas related experience and 411 years of M&A and investments experience.
HitecVision’s investment team has extensive operational experience from the oil and gas industry, and knows what it takes to succeed in this industry. The HitecVision team has acquired, invested in or established more than 150 companies, exited over 90, and listed seven companies (IPOs). The founders, Ole Ertvaag and Ola Sætre, have been investing together since the mid-1980s and have built a balanced team of industry and investment talent. The team is characterized by its long industry experience, its network and its expertise and track record in investing. The 23 person senior investment team has an average of 22 years of global operational experience and 18 years of investment experience across the oil and gas value chain. The ability to leverage this deep operational understanding of oil and gas companies provides HitecVision with an informational advantage to create value in complex situations.
The Corporate Services consists of mid-office, fund administration and compliance functions. The team of 22 people is responsible for ensuring that all aspects of the investment process are handled in an efficient and compliant manner.