Long-term asset manager.
Unusual opportunities.

We hunt extreme upside where large asset managers cannot or will not go. Alternative investments without consensus thinking.

AVANTO CAPITAL

We create value where we see opportunity


We approach investing with open eyes, open ears, and open minds – combined with rigor and decisive execution. No dogma. Just passion and pragmatism. Returns are made by looking forward, not backwards.

When we invest, we look for opportunities others might overlook. Our experience is that the market rewards this type of mispricing over time.
OUR FUNDS

Returns are generated by looking forward, not backward.

Through two strategies, we cover the entire spectrum of opportunities within alternative investments. Both funds are registered AIFs available to professional investors. We invest our own capital in both.

Avanto Opportunities V (AO V)

AO V invests in high-conviction opportunities in the private equity secondary market, with selective direct investments in the unlisted market.

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Avanto Right Tail (ART)

A hedge fund that seeks niche, asymmetric opportunities with significant upside in listed markets worldwide.

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StrategY
Our co-investors care about transparency, good discussion, and results. We invest our own money in the funds and have short decision-making lines and clear accountability.
Rune Mæle
Founding partner
We don't look for what everyone else is looking for. If everyone sees the same thing, it's already priced in. Avanto has the patience required to generate returns, and the courage to stand alone a little longer than is comfortable.
Rune Mæle
Founding partner
Instead of hunting for extreme downturns, we found it more effective to hunt for extreme upturns. They're actually more common than people think.
Lars H Mikelsen
Partner
Successful investing is about more than numbers. It's about sharing perspectives and creating value together with other investors.
Lars H Mikelsen
Partner
ABOUT US

We invest side by side with you

Avanto Capital manages alternative investment funds in listed and unlisted markets. We find opportunities where others aren't looking, and we invest our own money in every fund we manage. Established in 2015. Seven funds invested. Two funds open.

ARTICLES

Our thinking

We write to explain our thought process and share our point of view. Direct, unhedged, and free of mainstream thinking. Articles are originally written in Norwegian, translated with AI. If anything reads unclear, the Norwegian version is the one to trust.

Who is shouting "bubble"? And why memory, of all things?

July 13, 2026

Micron has skyrocketed. So have SK Hynix and Samsung's memory division. And as if on cue, a host of people have appeared on X, in comment sections, and during coffee breaks who have found their new favorite word: bubble. Let's pause there for a moment.

Asymmetri som strategi

April 30, 2026

Symmetri signaliserer god helse, stabile gener, fravær av utviklingsforstyrrelser. Det er en evolusjonær snarvei: hjernen vår tolker symmetri som “alt er på stell”. I investeringer er det stikk motsatt; der er asymmetri det du burde leter etter.

Infinite supply

March 31, 2026

What happens when machines take over human labor? In 2022, what has subsequently been called “The Chat-GPT moment” occurred. In 2026, we will have what will eventually be called “The OpenClaw moment”.