Foundations in Norway Foundations in Norway Foundations in Norway (Norwegian: Bokmål: "stiftelse"; Nynorsk: "stifting") are independent i.e. self-owning juridical entities disposing assets that have been given by will, gift or other juridical dispositions for one or more purposes. There are approximately 7,600 foundations in Norway. Based on a total capital of nearly 100 billion crowns, foundations possess and control assets of estimated 200–300 billions. They constitute a small but economically important contribution to Norway's social and cultural life and to sports, education, and science. Norwegian foundations partly employ and partly engage approximately 35,500 individuals. Most foundations are located in the capital Oslo (the
Capital First Ltd. was created. In 2013-14, the Company received the Housing Finance Company (HFC) License from National Housing Bank (NHB) for its wholly owned subsidiary Capital First Home Finance Limited. Capital First also launched new products like SME Business Loans, personal loans, affordable housing and scaled up the existing businesses. Between 2014 and 2017, Capital First has raised significant funding through investments from PE players and Qualified Institutional Placements (QIP). Reputed financial institutions across the world like Government Pension Fund Global (Norway), Jupiter Asset Management, Ashburton Limited, DNB Asset management (Norway), Nomura Asset Management, BNP Paribas Asset Management have invested in Capital