Adviser Record

Incentive As

Registered investment adviser · Oslo · CRD #174704

Form ADV data as of 2026-09-01
Regulatory assets
$2.46 billion
Total accounts
9
Employees
6
Disclosure events
0

Firm details

Disciplinary disclosures

This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.

Assets and accounts

Provides continuous and regular supervisory or management servicesYes
Discretionary regulatory assets under management$2.46 billion
Non-discretionary regulatory assets under management$0
Total regulatory assets under management$2.46 billion
Discretionary accounts9
Non-discretionary accounts0
Total accounts9
Regulatory assets under management attributable to non-U.S. persons$1.86 billion

People

Total employees (excluding clerical)6
Employees performing investment advisory functions (including research)4
Employees who are registered representatives of a broker-dealer0
Employees registered as investment adviser representatives with a state0
Employees registered as IARs for another investment adviser0
Employees who are licensed insurance agents0
Firms or persons who solicit advisory clients on the firm's behalf1

Custody

Has custody of client cash or bank accountsNo
Has custody of client securitiesNo
A related person has custody of client cash or bank accountsNo
A related person has custody of client securitiesNo
The firm acts as a qualified custodianNo
A related person acts as a qualified custodianNo

How the firm is compensated

A percentage of assets under managementPerformance-based fees

Advisory services offered

Portfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients

Client types

Type of clientClientsAssets
Pooled investment vehicles (other than investment companies and BDCs)4$1.64 billion
Sovereign wealth funds and foreign official institutions1$487.5 million
Corporations or other businesses not listed above4$335.9 million