Paal E. Johnsen


Paal E. Johnsen joined Akastor as Investment Director in May 2015. He came from a position in DNB Markets, and has extensive experience at management and board level in various companies in industry and finance, including Carnegie ASA and Alden AS. Paal has a track record and experience that will be a very valuable addition to Akastors’ management team, and he will play a critical role in developing the many opportunities seen in Akastors’ portfolio of investments going forward. Mr. Johnsen is a Norwegian citizen.


Karl Erik Kjelstad


Karl Erik Kjelstad is Investment Director at Akastor. Mr Kjelstad has held a variety of executive positions in the Aker group which he joined in 1998. He was Executive Vice President at Aker Solutions from 2009 and earlier served as Senior Partner and President, Maritime Technologies at Aker ASA.  He was President and CEO of Aker Yards ASA in 2003-2007. Before joining Aker, Mr Kjelstad was senior consultant at PA Consulting Group and in 1992-1996 held various management positions at the TTS Group. Mr Kjelstad holds an MSc in marine engineering from the Norwegian University of Science and Technology (NTNU). Mr Kjelstad is a Norwegian citizen.

Fredrik N. Hunstad


Fredrik N. Hunstad is an Investment Manager at Akastor. Prior to joining Akastor in February 2015, Fredrik worked as an Associate in SEB Investment Banking for 4 years focusing mainly on debt transactions including LBO’s, corporate acquisitions, IPO’s and restructurings. Mr. Hunstad started as a Global Trainee in SEB Investment Banking with outplacements in London and corporate finance.

Fredrik holds a Master of Science in Finance from the Norwegian School of Economics and Business Administration (NHH) in Bergen, Norway.