Novo Holdings A/S

< Novo Holdings A
Novo Holdings A/S
Company typePrivate
Industry
Founded1999 (1999)
Headquarters,
Denmark
Key people
Total assetsDKK 1,060 billion (2024)
Approx. $161 billion (2024)
Subsidiaries
Websitewww.novoholdings.dk

Novo Holdings A/S (formerly Novo A/S) is the Novo Nordisk Foundation's wholly owned holding company for Novo Nordisk A/S and Novonesis (formerly Novozymes A/S). Novo Holdings A/S was established in 1999 and manages the Novo Nordisk Foundation's assets, which in 2023 was worth almost DKK 1,060 billion Danish Kroner (approximately US$161 billion). The company generated a total income and investment return of DKK 31 billion in 2023 and DKK 60 billion in 2024. By the end of 2024, Novo Holdings had a total of 181 companies in its investment portfolio.

It is the largest charitable foundation in the world making Novo Holdings A/S a world-leading life sciences investor. Novo Holdings A/S is headquartered in Copenhagen, Denmark, with offices in San Francisco, Boston and Singapore.

Eivind Kolding succeeded Henrik Gürtler as CEO on 1 May 2014. Eivind Kolding left Novo Holdings A/S in March 2016 and Kasim Kutay took over as CEO for the organisation.