NAVIGARE CAPITAL PARTNERS - Key Persons


Andreas Bille

Job Titles:
  • Investment Analyst
Andreas works with financial analysis, investor reporting and risk assessment at Navigare Capital while studying for a Master of Science in Finance and Investments. He will complete his degree in June 2023, whereafter he will work for Navigare Capital full-time, putting into practice the extensive theoretical knowledge he has acquired. Before joining Navigare Capital, Andreas worked as a student assistant in the commercial department of BW Epic Kosan. Andreas holds a Bachelor of Science in International Shipping and Trade (BSc IST) from Copenhagen Business School and will soon complete a Master of Science in Finance and Investments (cand.merc.fin) from Copenhagen Business School. During his studies, he spent a semester at Singapore Management University.

Campbell Lutyens

Previous positions Managing Director, Investment Banking at Goldman Sachs Partner & Head of Infrastructure practice at Campbell Lutyens UK Treasury civil servant

Christina Andersen

Job Titles:
  • Accounting Director
  • Finance
Christina is responsible for financial accounting of the funds and Navigare Capital, ensuring the implementation of proper accounting and internal control processes in line with international standards and accounting principles. Christina has more than 30 years of experience in auditing and financial accounting in and outside the financial sector. She is qualified as an auditor and worked with external auditing at Deloitte for 12 years, followed by ten years at Nykredit Realkredit (a Danish mortgage company), first as an internal auditor and later as a senior analyst in Group Finance. Subsequently, Christina worked for three years in Group Finance at PFA Pension, specialising in alternative investments. Most recently, Christina worked as CFO/Head of Finance and Administration for an insurance company before joining the Navigare Capital team. Christina holds a master's degree in Business Economics and Auditing from Copenhagen Business School.

Esben Skau

Job Titles:
  • Compliance and Risk Director
Esben is responsible for compliance and risk management in Navigare Capital. Esben has more than 30 years of experience in internal auditing and compliance in the financial sector. Before joining Navigare Capital, Esben worked at Danske Bank, where he was First Vice President and Head of Audit Systems and Internal Investigations. Subsequently, he worked as Senior Manager within Group Compliance and Anti-money Laundering in Group Financial Crime. Before Esben joined Danske Bank, he worked as an external auditor. Esben holds a Master of Science in Business Administration and Auditing (cand.merc.aud) from Aarhus School of Business.

Gunnar Jensens Fond

Job Titles:
  • Member of the Committees

Harry Sarantidis - CTO

Job Titles:
  • Technical Director
Harry is responsible for the technical management of Navigare Capital's fleet within the container and dry cargo segments, including all day-to-day matters and engagement with the vessels' technical managers and other key stakeholders. Harry has over 20 years of shipping experience within different segments. Before joining Navigare Capital, he worked for nine years as Head of Technical Departments at BW Dry Cargo/CCP and Lauritzen Bulkers. Harry has hands-on experience with supervising container and tanker newbuildings, having been based in Japan and South Korea for four years. He later handled newbuilding project management from Copenhagen for BW Dry Cargo and Lauritzen Bulkers for dry cargo vessels in China, Japan and the Philippines. He also has extensive experience with BWTS and scrubber retrofits in China. Harry holds a Master of Science and Bachelor of Engineering in Naval Architecture from Newcastle University, UK, and is a Chartered Engineer (CEng) with the Royal Institution of Naval Architects in London.

Henrik Ramskov - CEO

Job Titles:
  • Managing Partner
Henrik is responsible for the overall management of Navigare Capital, including execution of the strategy, business development and investor relations. Henrik has more than 25 years of experience in the shipping and supply chain sectors within M&A, asset acquisition, asset management and logistics. Before establishing Navigare Capital with the other Partners, he held CEO and COO positions in the A.P. Moller-Maersk Group. Henrik was based in Asia for 11 years with Maersk Logistics & Damco and later as global CEO of the company. At Maersk Tankers, he was COO with a fleet of more than 250 crude tankers, product tankers and gas carriers, where he was responsible for more than 40 acquisition and exit transactions of product tankers, crude tankers and gas carriers. From his time at A.P. Moller-Maersk, Henrik has extensive leadership experience within strategic management, shipping, supply chain management, asset investments and optimisation of large-scale investments and complex projects. Henrik holds an MBA from IMD, Switzerland, and has completed management programmes at Harvard Business School, INSEAD, Cranfield and Stanford University.

James Wardlaw

Job Titles:
  • Senior Advisor

Jeanette Hjelm

Job Titles:
  • Office Manager
Jeanette is responsible for office and administrative support in Navigare Capital, including overseeing IT security and the General Data Protection Regulation (GDPR), to prevent IT security incidents and ensure personal data is managed appropriately. Jeanette has over 25 years of experience in office administration within the shipping industry. After completing a traineeship at Maersk Group, Jeanette held a range of coordinator and administrative positions in training, compliance and brand and marketing at companies including A.P Moller - Maersk and Maersk Supply Service. Before joining the Navigare Capital team, she worked as a project coordinator and office manager at an engineering company. Jeanette is highly experienced in executing IT and digital projects, as well as organising large-scale events and seafarer training.

John Peter Boesen

Job Titles:
  • Partner

John Walker

Job Titles:
  • Senior Advisor

Lars Bagge Christensen

Job Titles:
  • Partner
Lars is responsible for business development and deal sourcing in various segments. He also has overall responsibility for the operational management of all assets in the funds. Lars has more than 30 years of experience in shipping, having worked for both an asset owner and a pure operator. Lars has extensive leadership experience in large shipping companies and has been based in the US. Before establishing Navigare Capital with the other partners, Lars worked for A.P. Moller-Maersk and DS Norden. At DS Norden, he was Executive Vice President and was responsible for building the tanker business from a startup into one of the leading product tanker companies globally. During his 14 years as EVP for the tanker division, Lars expanded the company's activity and revenue tenfold via organic growth, and made more than 40 acquisition and exit transactions of product tankers. Lars has significant hands-on experience in asset acquisition, operations, and legal and insurance matters in the maritime sector, the latter as former vice chairman of the North of England P&I Club and former chairman of the Risk Committee. Lars has a shipping degree from A.P. Moller-Maersk and has completed management programmes at INSEAD and Wharton.

Line Drumm Blaabjerg

Job Titles:
  • Senior Operations Manager
Line is responsible for the operations of the fleet in Navigare Capital including all day-to-day matters involving engagement with the vessels' charterers and other key stakeholders. Line has more than 15 years of shipping experience from diverse operational backgrounds and strategic projects. Before joining Navigare Capital, Line was team leader and headed process optimisation at a health insurance company with a focus on developing customer service and implementing new IT systems, including AI solutions. Prior to that, she worked as team leader and Senior Operations and Demurrage Manager at TORM and in operations at DFDS - two of the leading companies in their respective areas. Line has deep hands-on operational and claims-handling experience and insight across shipping segments. Line has completed leadership, optimisation and resource management programmes at Copenhagen Business School and CFL, and internally at TORM and DFDS.

Line Skibdal Winther

Job Titles:
  • Senior Operations Manager
Line is responsible for the operations of the fleet in Navigare Capital, including all day-to-day matters involving engagement with the vessels' charterers and other key stakeholders. Line has more than 20 years of shipping experience within tanker operations and dry cargo chartering and operations. Before joining Navigare Capital, she held senior positions in operations with Maersk Tankers, one of the leading product tanker companies globally, working with different types of tanker and gas segments, as well as projects and training related to IT, processes and cost optimisation. Before that, Line worked at EDF Trading in London as a dry cargo freight trader. Line has deep hands-on operational and marine insurance and claims experience and insight across shipping segments.

Mads Svensson - CTO

Job Titles:
  • Technical Director
  • Chief Officer and Second Engineer
Mads is responsible for the technical management of the fleet in Navigare Capital within the tanker, LNG and offshore segments, including all day-to-day matters as well as engagement with the vessels' technical managers and other key stakeholders. Mads has more than 20 years of shipping experience, particularly within the container, tanker and offshore segments. Before joining Navigare Capital, Mads worked as a ship and marine surveyor, responsible for the Nordics and Baltics, with one of the IACS-approved classification societies, Nippon Kaiji Kyokai, conducting class surveys and audits onboard different types of vessels. Prior to that, Mads worked with A.P. Moller-Maersk within offshore and containers. Mads has deep technical and operational hands-on experience across several shipping segments, in particular working with newbuilding projects from idea to design and development, project execution and construction. Due to his background working with a classification society, Mads has in-depth knowledge of maritime rules and regulations. Mads became Chief Officer and Second Engineer through a cadetship with A.P. Moller-Maersk. Mads holds a degree as Master Mariner and a degree as Chief Engineer as well as being a certified ship surveyor.

Martin Egenhardt

Job Titles:
  • Investor Relations Director
Martin is responsible for Navigare Capital's investor relations activities, acting as investors' first point of contact. His activities also include the preparation of quarterly financial reports and investment proposals, as well as participating in fundraising. Martin has more than 20 years of experience in investment analysis and financial reporting, and more than ten years of experience working specifically within investor relations. Martin has experience from different sectors, including the energy sector, especially renewable energy, as well as banking and insurance, technology and consumer electronics. Before Navigare Capital, Martin headed up investor relations in the Danish luxury audio company Bang & Olufsen. Martin holds a Master of Science (MSc) in Economics and Business Administration, Accounting and Finance from Copenhagen Business School.

Martin N. Larsen - Chairman

Job Titles:
  • Chairman

Mette Bendorff Andersen

Job Titles:
  • Senior ESG Manager
Mette is responsible for ESG and sustainability, including the annual Sustainability Report and the ESG assessments conducted prior to any investment. Mette has more than ten years of working experience, mainly from the shipping industry. Prior to working with sustainability and ESG, she worked in market research. Before joining Navigare Capital, Mette worked at Novozymes, the global leader within enzyme production, as a senior analyst. Prior to that, she worked at Danish Ship Finance as a senior analyst and at leading shipping company DS Norden as an analyst within research and investor relations, conducting market research and participating in roadshows and investor meetings. Mette has in-depth knowledge of the shipping industry and a deep understanding of the challenges lying ahead. Mette holds a Master of Science in Economics and Management (cand.oecon) from Aarhus University.

Miaojia Liu

Job Titles:
  • Senior Research Manager
Miaojia is responsible for market research and analysis in Navigare Capital in general, directing research priorities and providing market insights to internal and external stakeholders. Miaojia has almost 20 years of shipping and research experience from various organisations and shipping markets. Prior to joining Navigare Capital, she worked at Maersk Broker and Ultrabulk as Senior Research Manager and Business Analyst, respectively, conducting research on the container and dry bulk markets. Prior to joining Navigare Capital, Miaojia also held various positions at BIMCO, Erasmus University Rotterdam, University of Southern Denmark and UNCTAD. She has in-depth knowledge of the key shipping markets and their underlying demand drivers, as well as extensive insight into global trade.

Peter Hegermann-Lindencrone

Job Titles:
  • Financial Controller
Peter is responsible for the financial control of the funds, along with control of the KPIs reported in the annual Sustainability Report. Peter has more than eight years' experience in finance and accounting. Before joining Navigare Capital, Peter worked at Sunstone Life Science Ventures and Heartcore Capital, where he focused on bookkeeping duties, including proper recording of financial transactions. Peter was also responsible for fund reporting, classifying financial and accounting data pertaining to matters such as cash receipts, expenditure, accounts payable and receivable, and profits and losses. Prior to that, Peter was employed within the stamp industry for ten years, where he was responsible for valuation, trading and administration.

Stig Duus Enslev

Job Titles:
  • Partner
Stig is responsible for deal sourcing across various segments in Navigare Capital. He also has overall responsibility for the technical management of all the assets in the Funds. Stig has more than 30 years of experience in shipping and logistics, both on the asset-owning side and the broker side, thus gaining both perspectives. This extensive experience includes more than 50 acquisition and exit transactions of container vessels and offshore support vessels. Stig has extensive leadership experience across businesses and industries and was based in the US and the UK for eight years. Before establishing Navigare Capital with the other partners, Stig worked for A.P. Moller-Maersk, DFDS and Arrow Electronics (NYSE: ARW), where he was Corporate Vice President, responsible for Strategy & Business Development. Stig has in-depth and hands-on shipping experience through working with chartering, operations, asset acquisition, asset management and M&A. Stig has a shipping degree from A.P. Moller-Maersk and holds a bachelor's degree in International Commerce (HD) and an MBA from Copenhagen Business School, and has completed management programmes at Harvard Business School and Cambridge University. Stig is a member of the Representative Committee of the Britannia P&I Club.

Stig Pastwa

Job Titles:
  • Senior Advisor

Thomas Lloyd

Job Titles:
  • Energy Impact Trust Plc
Previous positions CEO, EKF, the Danish Export Credit Agency Chief Investment Officer and Equity Head at the International Finance Corporation Principal at the IFC Asset Management Company Principal with the World Bank Pension Plan and Endowment

Thomas Lund

Job Titles:
  • Associate
  • Partner
Thomas is responsible for financial analysis in Navigare Capital, while also being involved in the financial structuring of the investments and deal origination from financial institutions. Thomas has 20 years of experience from investment banking and corporate positions, and he has worked on a wide range of M&A, equity and debt capital market transactions. Prior to joining Navigare Capital in 2017, Thomas held the position of Programme Financial Manager in Ørsted, working with the commercial development and financial management of large offshore wind investment projects. Thomas has extensive experience in financial analysis, asset investments, financial structuring and M&A. Thomas holds a Master of Science in Statistics and Mathematical Finance from Copenhagen Business School and is a CFA charter holder.

Thorstein Bergersen

Job Titles:
  • Partner
Thorstein is responsible for business development and deal sourcing within the LPG, dry cargo and tanker segments. Thorstein has over 20 years of experience in the shipping industry, with a diverse background encompassing roles with ship owners, brokers and charterers. Before joining Navigare Capital, Thorstein held key positions at Neu Gas Shipping International and Ultragas ApS. During his time at Neu Gas, he served as Managing Director, where he assumed responsibility for the LPG fleet and oversaw all commercial activities within the organisation. At Ultragas, he held the role of Chief Commercial Officer, where he took charge of the commercial and operational departments, overseeing a fleet of 12 Handysize vessels operating in the LPG segment. Thorstein also contributed his expertise to Maersk Oil Trading within Business Development. Thorstein's hands-on experience extends across asset acquisition, chartering and operations, and he has been actively engaged in the LPG/NH3 sector since entering the industry in 2001. Thorstein pursued his maritime studies at the University of South-Eastern Norway and further honed his knowledge at the BI-Norwegian Shipping Academy in Oslo.

Tobias Børglum

Job Titles:
  • Investment Analyst
Tobias is involved with financial analysis, investor reporting and risk assessment in Navigare Capital. He has three years of private equity experience, gaining extensive capabilities in the context of investment analysis and financial modelling. Tobias completed an internship at Navigare Capital as a part of his bachelor's degree. After completing the internship, he was hired as a student assistant and later as an investment analyst. Tobias holds a Bachelor of Science in International Shipping and Trade (BSc IST) from Copenhagen Business School and will soon complete a Master of Science in Economics and Business Administration - Finance and Investments (cand.merc.fin) from Copenhagen Business School. During his bachelor's degree, Tobias spent a semester at Texas A&M University.