OsloMet Capital Group · Oslo, Norway · Est. 2025
A student association at OsloMet Business School built to mirror the way real asset managers operate. We run two long-only funds with dedicated analyst teams, clear mandates, and one objective: to beat the index and generate alpha. We train the way we intend to perform.
Track record · Euronext Trading Game 2025/26 · +19.45% · €238,908 final value
About us
We operate as a capital management firm. We manage two long-only funds, run structured investment processes, and give our members the kind of hands-on experience that most students only read about. Every decision we make is grounded in fundamental analysis, every role carries real responsibility, and every member is trusted to contribute meaningfully from day one.
We manage two funds: OM Varden Fund focused on Scandinavian markets, and OM Alpha Fund focused on global growth and technology companies. Our investment process is rooted in a Peter Lynch-inspired framework, identifying undervalued businesses with clear catalysts and classifying opportunities to guide position sizing, risk control and portfolio balance. In the Euronext Trading Game we delivered a 19.45% return over six months.
We are a small and deliberately selective team. We believe the best learning happens when every person in the room is fully invested in the work, in each other and in the long-term vision.
We bring our members inside the industry through company visits and direct conversations with professionals so they understand how the best firms actually operate long before they apply to work at one.
Our long-term vision is to build OsloMet Capital Group into a full financial group with dedicated divisions covering asset management, consulting, and legal advisory. A structure where members can develop across every corner of finance and understand how each discipline connects to the others.
Our ambition is to develop members who go on to careers in equity research, investment banking, private equity and asset management. Not because they studied finance. Because they practiced it.
Investment philosophy
Know what you own
Rooted in Peter Lynch's first principle. We invest only in what we can explain simply and defend with rigour. Fast growers are our primary focus, while asset plays and cyclicals protect the downside.
Macro momentum
We adapt to macroeconomic events by mapping bottlenecks and pressure points. When geopolitical or economic shifts occur, we identify which sectors get disrupted, which benefit, and which individual stocks sit at that intersection.
Protect the downside
Fast growers drive our returns. Cyclicals and asset plays anchor the portfolio during volatility. The Lynch category framework determines sizing, risk control, and the patience each position demands.
Global equities
OM Alpha Fund exists to do one thing well: beat the MSCI World Index. We hunt across the world's most dynamic markets, from the US and China to Japan and South Korea, chasing the AI infrastructure build-out wherever it's actually happening, not wherever the headlines say it's happening.
We cap the fund at 30 positions. Not because round numbers look tidy on a slide, but because past that point nobody can honestly say they know what they own. Every name earns its place through real, ongoing research, and every name gets watched like it matters, because it does. Around that core we run a tactical layer, sized and adjusted on momentum and trend. The thesis doesn't change every week. The price action does, and we're not too proud to act on it.
Our edge is simple to say and hard to execute: we look for the bottleneck before the market prices it in. Constrained capital, power shortages, a materials shortfall nobody's talking about yet, that's not risk we hedge away, that's where the return lives. Sector rotation and geopolitical noise aren't distractions from the process. They are the process.
Peter Lynch put it better than we ever could: “Know what you own, and know why you own it.” That's not a poster on the wall here, it's the test every position has to pass before it gets a seat in the fund.
Fund team
Scandinavian equities
OM Varden Fund is a Scandinavian equity fund built on one principle: find undervalued businesses before the market fully prices them in. We invest across Nordic listed companies using a Peter Lynch-inspired framework, classifying each opportunity as a fast grower, compounder, cyclical, turnaround, or asset play, and letting that classification drive how we size and manage each position.
Our edge is fundamental research done with discipline. We look for companies with clear catalysts, strong business models, and mispricings the market has overlooked. Cyclicals and asset plays anchor the portfolio during volatility while fast growers drive the returns. The combination is deliberate: we want a portfolio that can perform across different market regimes, not just in one type of environment.
The fund benchmarks against OSEBX and targets consistent outperformance over a full market cycle. Every position has to earn its place with a thesis, a target, and a reason to act now rather than later.
Fund team
OM Capital Fund
The OM Capital Fund competed in the Euronext Trading Game with a simulated €200,000 portfolio. Stock selection combines a Lynch-inspired fundamental framework with momentum signals, identifying businesses with strong underlying economics where price momentum confirms the thesis.
The fund beat S&P 500 by +15.3 percentage points over the competition period, in a window marked by geopolitical turbulence, an escalating Iran conflict, and surging oil prices across global markets. Returns were primarily driven by our positions in technology and energy companies, while a deliberate focus on portfolio robustness helped us navigate the volatility without the drawdowns that hit broader indices.
Performance vs benchmarks
The OM Capital Fund competed in the Euronext Trading Game, a pan-European student investment competition, over a 6-month period from October 2025 to April 2026. Each team manages a simulated €200,000 portfolio using real market prices.
Returns were primarily driven by our positions in technology and energy companies, while a deliberate focus on portfolio robustness helped us navigate the volatility without the drawdowns that hit broader indices.
6 Oct 2025 → 15 Apr 2026
Portfolio holdings
All positions at end of competition. Euronext Trading Game 2025/26. Sorted by allocation.
| Company | Allocation | Return |
|---|
Case & Strategy
OsloMet Capital Group prepares members for more than investment roles. Through structured case training, our analysts develop the problem-solving skills that define careers across finance and consulting.
We work through real business challenges covering strategic decisions, valuation problems, market entry analyses, and operational dilemmas. The goal is to build the structured thinking and communication skills that firms actually hire for.
Events & Visits
RAISE Summit
AI Conference · Paris, 2026
Our CEO attended the RAISE Summit in Paris, one of Europe's leading AI conferences. He met directly with IREN's CTO and CCO, gaining a front-row view of how leading AI infrastructure companies think about compute scarcity, power constraints, and building ahead of demand.
View on LinkedIn →Gabler Investments AS
Company visit · 2026
Vi fikk se hva uavhengig kapitalforvaltning faktisk betyr i praksis, og hvordan Gabler bygger porteføljer uten interessekonflikter.
View on LinkedIn →Summa Equity
Company visit · 2026
Et grundig innblikk i hvordan private equity kan brukes til mer enn finansiell verdiskapning, hos et fond med rundt €4 milliarder under forvaltning.
View on LinkedIn →Stolt Kapitalforvaltning
Company visit · 2025
Besøkte Bernt J. Berg-Nielsen og fikk et grundig innblikk i hvordan Stolt Explorer forvaltes, med fokus på langsiktig verdiskapning.
View on LinkedIn →CARN Capital
Company visit · 2025
Andreas Bomann-Larsen viste oss hvordan porteføljekonstruksjon starter med én ting: en systematisk prosess for å identifisere selskaper som faktisk skaper verdi.
View on LinkedIn →FIRST Fondene AS
Company visit · 2025
Besøkte Ole Andre Hagen og fikk innsikt i hvordan FIRST Global og First Impact forvaltes, med et tydelig fokus på momentum og kvalitet fremfor verdi.
View on LinkedIn →Nordnet
Guest lecture · 2025
Roger Berntsen, senioranalytiker i Nordnet, holdt foredraget «Min reise i Warren Buffetts spor» for over 100 studenter på OsloMet.
View on LinkedIn →Research
Equity Research
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Haris Bera Ucbas
Co-Founder, CEO & PM · OM Alpha Fund
Martin Henriksen
Co-Founder & PM · OM Varden Fund
Alexander Waage
Co-Founder & Analyst · OM Varden Fund
Erlend Mykleby
Head of Legal & Office Manager
Mille Øiom
Operations Associate
Kisha Ugland
Operations Associate
William Roll
Analyst · OM Alpha Fund
Muhammad Hassan Iftikhar
Analyst · OM Alpha Fund
Birk Simonsen
Analyst · OM Alpha Fund
Sindre Thomassen
Analyst · OM Varden Fund
Adrian Vangsnes
Analyst · OM Varden Fund
Christopher A. Sletten-Cruz
Analyst · OM Varden Fund
Simon Munch
Analyst · OM Varden Fund