Novo Holdings A/S

Overview

Novo Holdings A/S, incorporated 1999 and wholly owned by the Novo Nordisk Foundation (a Danish non-profit established 1924), manages the Foundation's assets -- roughly DKK694bn (~$109bn, year-end 2025) -- through a life-science portfolio (controlling stakes in Novo Nordisk and Novonesis, plus 180+ direct life-science investments) and a capital-investments portfolio spanning equities, bonds, real estate, infrastructure, and private equity.

Key Facts

Type

Foundation