Örvar Kærnested

Chairman at

Ortus Secured Finance Ltd.

49 year

Finance

Consumer Services

Profile

Örvar Kærnested currently works at Ortus Secured Finance Ltd., as Chairman from 2013, Jöká ehf, as Director, Kvika Securities Ltd., as Director, Red Oak Taverns Holdings Ltd., as Director from 2011, Red Oak Taverns Group Holdings Ltd., as Director from 2016, Ortus Secured Finance IV Ltd., as Director from 2018, and Riverside Capital ehf, as Owner.
Mr. Kærnested also formerly worked at Stodir hf, as Director, TM hf, as Director, and Stodir hf (Private Equity), as Head of Private Equity Team from 2006 to 2008.
Mr. Kærnested received his undergraduate degree in 1999 from the University of Iceland.

Örvar Kærnested active positions

Companies	Position	Start
Jöká ehf	Director/Board Member	-
Kvika Securities Ltd. Kvika Securities Ltd. Investment ManagersFinance Kvika invests in lower mid-market companies located in the United Kingdom with an EBITDA of GBP 1- 10 million. The firm focuses on companies operating across a broad range of sectors and industries. It provides financing in the form of debt and equity in buyout transactions with an investment size of GBP 5 - 30 million. The firm also acquires minority and majority stakes.	Director/Board Member	-
Red Oak Taverns Holdings Ltd. Red Oak Taverns Holdings Ltd. Financial ConglomeratesFinance Functions as an investment holding company	Director/Board Member	22/12/2011
Riverside Capital ehf	Corporate Officer/Principal	-
Ortus Secured Finance IV Ltd. Ortus Secured Finance IV Ltd. Finance/Rental/LeasingFinance Provides credit granting services	Director/Board Member	28/06/2018
Ortus Secured Finance Ltd. Ortus Secured Finance Ltd. Finance/Rental/LeasingFinance Provides short term loan services	Chairman	19/03/2013
Red Oak Taverns Group Holdings Ltd. Red Oak Taverns Group Holdings Ltd. Financial ConglomeratesFinance Functions as an investment holding company	Director/Board Member	11/01/2016

All active positions of Örvar Kærnested

Former positions of Örvar Kærnested

Companies	Position	End
Stodir hf (Private Equity) Stodir hf (Private Equity) Investment ManagersFinance FLG PE's investment strategy focuses on LBOs in established firms in mature industries. They lead and execute buyout transactions with firms that have strong management teams. They also take minority stakes in listed firms which they deem to be good value opportunities or that have potential for private equity activity. They are sector-independent which allows them more investment flexibility across the group. Their investment horizon is also flexible as they invest directly from their balance sheet.	Chief Executive Officer	30/12/2008
Stodir hf Stodir hf Investment ManagersFinance Operates an investment company with interests in investments in the financials and insurance industry	Director/Board Member	-
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See the detail of Örvar Kærnested's experience

Training of Örvar Kærnested

Experiences
Positions held

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Listed companies

Private companies

See the detail of Örvar Kærnested's experience

Connections

1st degree connections

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Executives

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Linked companies

Private companies	11
TM hf TM hf Multi-Line InsuranceFinance Provides insurance products and financial services	Finance
Stodir hf Stodir hf Investment ManagersFinance Operates an investment company with interests in investments in the financials and insurance industry	Finance
University of Iceland University of Iceland Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Stodir hf (Private Equity) Stodir hf (Private Equity) Investment ManagersFinance FLG PE's investment strategy focuses on LBOs in established firms in mature industries. They lead and execute buyout transactions with firms that have strong management teams. They also take minority stakes in listed firms which they deem to be good value opportunities or that have potential for private equity activity. They are sector-independent which allows them more investment flexibility across the group. Their investment horizon is also flexible as they invest directly from their balance sheet.	Finance
Jöká ehf
Kvika Securities Ltd. Kvika Securities Ltd. Investment ManagersFinance Kvika invests in lower mid-market companies located in the United Kingdom with an EBITDA of GBP 1- 10 million. The firm focuses on companies operating across a broad range of sectors and industries. It provides financing in the form of debt and equity in buyout transactions with an investment size of GBP 5 - 30 million. The firm also acquires minority and majority stakes.	Finance
Riverside Capital ehf
Red Oak Taverns Holdings Ltd. Red Oak Taverns Holdings Ltd. Financial ConglomeratesFinance Functions as an investment holding company	Finance
Ortus Secured Finance Ltd. Ortus Secured Finance Ltd. Finance/Rental/LeasingFinance Provides short term loan services	Finance
Red Oak Taverns Group Holdings Ltd. Red Oak Taverns Group Holdings Ltd. Financial ConglomeratesFinance Functions as an investment holding company	Finance
Ortus Secured Finance IV Ltd. Ortus Secured Finance IV Ltd. Finance/Rental/LeasingFinance Provides credit granting services	Finance