NCI Advisory
NCI Advisory is a Copenhagen-based debt asset management firm managing two open-ended Nordic high-yield corporate bond funds (NCI and NCIC) with roughly DKK 680m in combined AuM, serving institutional investors, family offices, and high-net-worth individuals.
- Company typePrivate
- Founded2008
- HeadquartersValby, Denmark
- Headcount1–10
- GTM typeB2B
- OfferingServices
What NCI Advisory does
NCI Advisory A/S is a Copenhagen-based (Valby, Denmark) specialist debt asset management firm founded in 2008 by Jørgen Beuchert. It manages two open-ended debt investment companies, Nordic Corporate Investments A/S (NCI, established 2008, ~DKK 0.6bn / EUR 81m AuM, professional investor minimum DKK 2m) and NCI Credit Opportunity Fund A/S (NCIC, established 2020, DKK 80m AuM, semi-professional investor minimum DKK 750k), both investing in North European high-yield corporate bonds, loans, and bespoke bilateral private debt to Nordic corporates. Underlying process is fundamental credit selection plus active, hands-on portfolio management and special-situation involvement; average annual net returns of 10.2% have been delivered across more than 100 realised investments with only two credit losses (both during COVID).
The firm earns revenue primarily through management and performance fees on the two funds (subscription-style, performance-linked annual dividends), with a smaller, selective stream of debt advisory and execution fees from clients such as Copenhagen Infrastructure Partners; it also manages a debt portfolio on behalf of a NASDAQ-listed company. Distribution is relationship-driven across institutional investors, family offices, and high-net-worth individuals in the Nordics, supported by LinkedIn, a company website with investor portal, and a 2024 strategic partnership with CrossingBridge Advisors (a ~$4bn US debt manager). The team is six people, and in December 2025 NCI Advisory executed a reverse acquisition by NASDAQ-listed NewCap Holding A/S (JLB Invest ApS majority), consolidating the group under NCI Advisory as the accounting acquirer with a stated five-year ambition to become a prominent Nordic credit player.
NCI Advisory firmographics
Firmographics- Name
- NCI Advisory
- Legal name
- NCI Advisory A/S
- Website
- https://nciadvisory.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- NCI Advisory is a Copenhagen-based debt asset management firm managing two open-ended Nordic high-yield corporate bond funds (NCI and NCIC) with roughly DKK 680m in combined AuM, serving institutional investors, family offices, and high-net-worth individuals.
- Ownership category
- akta.pro rank
NCI Advisory industry classification
Industry- Product category
- Debt Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Fee-Based Advisory (FSAEAAAM)
- akta.pro secondary industries
- Corporate Finance & Capital Advisory (BPAHADAB), Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD)
Keywords
Where NCI Advisory is headquartered
LocationHeadquarters
- HQ city
- Valby
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
NCI Advisory business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Asset Management Fees: NCI Advisory generates revenue through management fees on assets under management across its two debt investment companies: Nordic Corporate Investments A/S (NCI) with DKK 0.6 billion AuM and NCI Credit Opportunity Fund A/S (NCIC) with DKK 80 million AuM.
- Performance/Dividend Fees: Both NCI and NCIC pay dividend on an annual basis subject to performance, indicating a performance fee component in addition to management fees.
- Advisory and Execution Services: Leveraging extensive experience within the debt and transaction universe, NCI Advisory provides advisory and execution services on a selective basis to clients such as Copenhagen Infrastructure Partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Nordic Corporate Investments (NCI) - Minimum investment of DKK 2 million |
| Other | Annual | NCI Credit Opportunity Fund (NCIC) - Minimum investment of DKK 750,000 |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
NCI Advisory product offering
Product offeringCore offering
NCI Advisory A/S is a Copenhagen-based, specialised debt asset management firm that manages two open-ended debt investment companies — Nordic Corporate Investments A/S (NCI, DKK 0.6bn AuM) and NCI Credit Opportunity Fund A/S (NCIC, DKK 80m AuM) — investing in North European high-yield corporate bonds and bilateral private debt to Nordic corporates. The firm also manages a discretionary debt portfolio on behalf of a NASDAQ-listed company and provides selective debt advisory and execution services to clients such as Copenhagen Infrastructure Partners.
Product overview
NCI Advisory operates as a specialised debt asset management firm offering two core debt investment products: Nordic Corporate Investments A/S (NCI, established 2008), an open-ended fund with DKK 0.6 billion AuM investing in high-yield corporate bonds and private debt across Northern Europe; and NCI Credit Opportunity Fund A/S (NCIC, established 2020), a DKK 80 million fund targeting semi-professional investors in the same asset class. Both funds are Article 8 SFDR compliant. In addition to fund management, the firm provides selective debt advisory and execution services, including transaction assistance for institutional clients like Copenhagen Infrastructure Partners. The firm also manages a portfolio of debt investments on behalf of a NASDAQ-listed company.
Differentiator
Problem solved
Functional benefit
Brands
- Nordic Corporate Investments A/S (NCI): Open-ended debt investment company investing in North European high yield corporate bonds and private debt to Nordic corporates, established in 2008 with AuM of DKK 0.6 billion (EUR 81m).
- NCI Credit Opportunity Fund A/S (NCIC)
Products and services
- Nordic Corporate Investments A/S (NCI) Open-ended debt investment company investing in North European high-yield corporate bonds, loans, and bilateral private debt to Nordic corporates. Established 2008, with DKK 0.6 billion (EUR 81m) in assets under management, levered structure, annual dividends subject to performance, and a minimum investment of DKK 2 million for professional and semi-professional investors.
- NCI Credit Opportunity Fund A/S (NCIC) Open-ended debt investment company investing in North European high-yield corporate bonds. Established in mid-2020 with DKK 80 million in assets under management, paying annual dividends subject to performance, and tailored to semi-professional investors with a DKK 750,000 minimum investment.
- Debt Advisory and Execution Services Selective debt advisory and execution services provided on a discretionary basis, leveraging extensive experience within the debt and transaction universe. The firm has assisted Copenhagen Infrastructure Partners in several landmark transactions and also manages a portfolio of debt investments on behalf of a NASDAQ-listed company.
Quantifiable outcome
- Average annual net returns exceeding 10% since 2008
- +3 more outcomes
Companies that use NCI Advisory
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
NCI Advisory technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
NCI Advisory partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CrossingBridge Advisors LLCcoreIn 2024, NCI Advisory entered into a strategic partnership with CrossingBridge Advisors LLC, a leading U.S. debt asset management firm managing approximately USD 4 billion across a range of credit strategies, including Nordic High Yield. This partnership expands NCI Advisory's capabilities and distribution reach.
Scale indicators8 records
Recent moves4 records
Expansion highlights4 records
NCI Advisory competitors and assessment
Company assessmentDirect peers
- Capital Four Management: Danish-founded credit asset manager focused on Nordic and European high-yield bonds, leveraged loans, and private credit. Directly comparable in product offering (HY credit funds), target investors, and Nordic geographic focus.
- CataCap: Danish private credit and private equity manager investing in Nordic lower mid-market companies. Directly comparable to NCI's bilateral private debt origination strategy targeting Nordic corporates.
- Formue Nord: Danish asset manager providing discretionary asset management and credit-focused strategies to Nordic institutional and private clients. Comparable in Nordic market positioning and boutique credit orientation.
- Polaris Private Equity: Danish private capital firm with private debt and private equity strategies focused on Nordic mid-market companies. Comparable in Nordic private debt origination and corporate borrower focus.
- Lancelot Asset Management: Danish boutique asset manager specializing in Nordic and European high-yield credit with an active, value-oriented investment approach. Directly comparable to NCI in mandate focus, target investor base (institutional, family offices, HNW), and Northern European geographic footprint.
Broad incumbents
- Jyske Capital: Danish asset management arm of Jyske Bank offering credit and multi-asset strategies to Nordic investors. Comparable in Nordic credit mandate offering but as part of a broader, larger bank-affiliated product suite.
- Danske Invest: Largest Nordic asset manager offering credit, high-yield, and private debt strategies through institutional and retail channels. Comparable in Nordic credit investment but operates at much greater scale within the broader Danske Bank ecosystem.
- Nykredit Asset Management: Large Danish asset manager with credit and high-yield strategies serving institutional and retail clients. Comparable in Nordic credit investing but operates at significantly larger scale as part of Nykredit Bank group.
- SEB Asset Management: Large Nordic asset manager offering credit and high-yield strategies as part of broader multi-asset platform. Comparable in Nordic HY credit mandate but at materially larger AuM scale and broader product mix.
Emerging players
- CrossingBridge Advisors LLC: U.S. debt asset manager with ~$4B AuM across credit strategies including Nordic High Yield. Strategic partner of NCI since 2024; comparable in high-yield credit focus and bilateral private debt origination, with overlapping Nordic HY exposure but U.S. distribution base.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
NCI Advisory social profiles
Digital presenceNCI Advisory financial estimates
Financial estimateRevenue estimate
Valuation estimate
NCI Advisory leadership team
Management profileNumber of profiles
Profiles6 records
NCI Advisory funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NCI Advisory M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NCI Advisory
What does NCI Advisory do?
NCI Advisory A/S is a Copenhagen-based, specialised debt asset management firm that manages two open-ended debt investment companies — Nordic Corporate Investments A/S (NCI, DKK 0.6bn AuM) and NCI Credit Opportunity Fund A/S (NCIC, DKK 80m AuM) — investing in North European high-yield corporate bonds and bilateral private debt to Nordic corporates. The firm also manages a discretionary debt portfolio on behalf of a NASDAQ-listed company and provides selective debt advisory and execution services to clients such as Copenhagen Infrastructure Partners.
Is NCI Advisory a public or private company?
NCI Advisory is a private company. It is classified as corporate owned and is currently operating.
When was NCI Advisory founded?
NCI Advisory was founded in 2008. It employs 1 to 10 people.
Where is NCI Advisory based?
NCI Advisory is headquartered in Valby, Denmark, in the Europe region.
How does NCI Advisory make money?
Three revenue lines are on record. Asset Management Fees are the primary driver. The others are performance/Dividend Fees and advisory and Execution Services.
Who are NCI Advisory's main competitors?
Direct peers on record are Capital Four Management, CataCap, Formue Nord, Polaris Private Equity and Lancelot Asset Management. Broad incumbents are Jyske Capital, Danske Invest, Nykredit Asset Management and SEB Asset Management. CrossingBridge Advisors LLC is listed as an emerging player.
Does NCI Advisory have an API?
No public API is recorded for NCI Advisory.
What industry is NCI Advisory in?
NCI Advisory's product category is Debt Asset Management. Its primary akta.pro industry code is FSAEAAAM, Fee-Based Advisory, with a secondary code of BPAHADAB, Corporate Finance & Capital Advisory. Its NAICS code is 523940 and its SIC code is 6282.