FSN Capital announces three partner promotions


FSN Capital Partners (“FSN Capital”) is proud to announce the election of three new partners, recognizing their significant impact on the firm and their contribution to promoting FSN Capital’s ethos and values.

Eskil Koffeld and Niclas Thiel have been elected Partners, and Knut Røsjorde has been elected Operating Partner. The promotions take effect at the end of 2024, bringing FSN Capital’s partner group to 14 across offices in Oslo, Stockholm, Copenhagen and Munich.

Eskil Koffeld, based in Oslo, joined the firm in 2015 as an Associate, with prior experience in investment banking. He plays a key role in the firm’s Services sector strategy. From 2019 to 2020, he contributed to developing FSN Capital’s presence and track record in the DACH region, on secondment in Munich.

Niclas Thiel, based in Stockholm, joined FSN Capital in 2016 as an Investment Director, with prior experience in private equity and investment banking. Niclas is responsible for the firm’s Industrials sector strategy and was previously responsible for resource allocation of the investment advisory team.

Knut Røsjorde, based in Oslo, joined FSN Capital in 2018 as CFO, where he has played an important role in building structural capital in both the firm and in advising the FSN portfolio. Since April 2024, Knut has also led the FSN Execution Framework (FEF) team, a team of 20 in-house operating professionals. Knut is a member of the firm’s Portfolio Performance Committee (PPC) and Valuation Committee.

Robin Muerer and Ulrik Smith, Co-Managing Partners at FSN Capital, said: “Electing new partners is one of the most important decisions we take as a firm and as a partnership. For all promotions in the firm, we consider two dimensions: impact and values. In addition to their strong impact and contribution to the firm, all three new elected partners are true role models when it comes to living our firm values and leading their teams.”


About FSN Capital

Established in 1999, FSN Capital is a leading Northern European private equity firm and investment advisor to the FSN Capital Funds. FSN Capital has a team of more than 90 professionals across Oslo, Stockholm, Copenhagen, and Munich. Our ethos, “We are decent people making a decent return in a decent way” defines our core values.

The FSN Capital Funds have more than €4 billion under management and make control investments in growth-oriented Northern European companies, to support further growth and to transform companies into more sustainable, competitive, international, and profitable entities.  The FSN Funds are committed to being responsible investors and having a positive environmental and social impact across its portfolio while achieving market-leading returns. The FSN Funds are supported by 14 executive advisors with extensive industry experience.

Learn more about FSN on our website:

Norway (Visiting address)
Via Vika / Ruseløkkveien 30
0251 Oslo
+47 24 14 73 00


FSN Capital Partners AB
Birger Jarlsgatan 15
111 45 Stockholm
+46 85 450 39 30

Norway (Post address)
FSN Capital Partners AS
PO. Box 1597
0118 Oslo


FSN Capital Partners GmbH
Maximiliansplatz 5
80333 Munich
+49 160 3666 627

FSN Capital Partners Aps
Kongens Nytorv 26, 2. Sal
1050 Copenhagen
+45 33 13 48 00