Kraks Fond
A Danish foundation established in 1924 that supports urban and economic research and manages an investment portfolio.
Last updated August 26, 2026
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Overview
Kraks Fond is a Danish foundation based in Copenhagen. It was established in 1924 as the owner of Kraks Forlag, a publishing house associated with reference works and directories about Denmark. The foundation’s historical connection with publishing distinguishes it from a conventional commercial brand: its role has been to own and steward assets while supporting activities connected with knowledge, research, and Danish society. The foundation’s publishing relationship changed substantially in 2007, when Kraks Forlag was sold to Eniro. Following that transaction, Kraks Fond continued as an independent foundation rather than as the operating publisher. Its present activities center on the management of foundation assets and support for research, particularly work concerning cities, urban development, and economic conditions. Since 2011, the foundation has supported research in the field of city economics through Kraks Fond Byforskning. Kraks Fond’s investment activities are managed through the investment company Ove K. Invest A/S. Publicly described holdings and commitments include stakes in Resolux ApS, Omni-Drive, and Inrotech Denmark, as well as positions in Nordic Real Estate Partners funds such as NREP Nordic Retail, NREP Copenhagen Residential, and NREP Nordic Strategies Fund II. The foundation also has an investment associated with Herlev Bymidte. The available reference material does not provide a complete portfolio valuation, detailed ownership history, or current financial results. The foundation is headquartered at Fæstningens Materialgård on Frederiksholms Kanal in Copenhagen. Its identity today is therefore best understood as that of a Danish foundation and asset owner with a research-support function, rather than as a consumer-facing product brand. Its public profile is closely linked to Kraks Fond Byforskning, the legacy of Kraks Forlag, and its continuing investment management activities.
History
Kraks Fond was established in 1924 as the owner of Kraks Forlag. The publishing house formed the foundation’s original institutional and commercial context. Kraks Forlag was known as a Danish publishing operation, while the foundation provided an ownership structure intended to preserve and manage the associated assets. The relationship between the foundation and the publishing business changed in 2007, when Kraks Forlag was sold to Eniro. This transaction marked the end of Kraks Fond’s role as the owner of that publishing house, although the foundation itself remained in existence. The available sources do not specify the transaction value, the precise terms of the sale, or the subsequent allocation of proceeds. In the period after the publishing sale, Kraks Fond developed a profile focused on asset management and research support. Its assets are managed through Ove K. Invest A/S, an investment company used for the foundation’s portfolio activities. The publicly identified portfolio includes stakes in Resolux ApS, Omni-Drive, and Inrotech Denmark, each described in the available material as a 30 percent investment. The foundation also invests in funds managed or associated with Nordic Real Estate Partners, including NREP Nordic Retail, NREP Copenhagen Residential, and NREP Nordic Strategies Fund II. An investment connected with Herlev Bymidte is also mentioned. These references indicate a diversified approach spanning operating companies, real estate, and investment funds, but they do not establish the complete current portfolio. Since 2011, Kraks Fond has supported research into city economics, especially through Kraks Fond Byforskning. This work gives the foundation a public-interest role beyond investment ownership. Its research orientation focuses on economic development in cities and related questions of urban change. The supplied material does not identify every grant, publication, researcher, or research project supported by the program. Kraks Fond is based at Fæstningens Materialgård on Frederiksholms Kanal in Copenhagen. Today it is best described as an active Danish foundation whose activities combine stewardship of financial assets with support for urban and economic research. It is not presented in the available sources as a listed company, a conventional operating corporation, or a mass-market brand.
- 2011
Urban economic research support begins
[2]Kraks Fond began supporting research into city economics, particularly through Kraks Fond Byforskning.
- 2007
Kraks Forlag sold to Eniro
[1]The foundation sold Kraks Forlag to Eniro, ending its direct ownership of the publishing business.
- 1924
Foundation established
[1]Kraks Fond was established as the owner of the publishing house Kraks Forlag.
Products and positioning
A Danish foundation combining long-term asset stewardship with support for research on cities, urban development, and economic conditions.
Research program · 2011
Kraks Fond Byforskning
A research-support initiative associated with Kraks Fond and focused on the economic development of cities. The program represents the foundation’s public-interest and knowledge-oriented activity, complementing its role as an asset-owning foundation. The available sources identify the field and the program but do not provide a complete list of grants, publications, or participating institutions.
Foundation investment activity
Investment portfolio
Kraks Fond’s assets are managed through Ove K. Invest A/S. Publicly referenced investments include stakes in Resolux ApS, Omni-Drive, and Inrotech Denmark, along with commitments to Nordic Real Estate Partners funds and an investment associated with Herlev Bymidte. The cited material does not establish the full portfolio or current holding status of every investment.
Sources2 sources
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