ABOUT US
Independent Investment
Administration – Built for Complexity
PandaConnect is a truly independent company.
PandaConnect helps long-term investors bring clarity and control to complex portfolios.
We deliver data aggregation, calculations, and reporting — across banks, custodians, currencies, and legal structures — with full independence and precision
Who We Are
Founded in 1997, PandaConnect is an independent provider of full-service investment administration.
We support family offices, endowments, pension funds, and other long-term investors with the infrastructure needed to manage complex portfolios — accurately, efficiently, and without conflicts of interest.
Today, we serve clients across four continents, managing the daily flow of investment data from more than 65 national and international banks. We currently support over 100 clients with more than 1,000 portfolios — covering all major asset classes, both listed and private.
We are not a platform, bank, or asset manager. We sell no products and accept no retrocessions. Our role is to be your administrative backbone — neutral, precise, and independent.
What We Do
Our services cover the full investment administration cycle:
Portfolio accounting and consolidation
Across custodians, legal entities, ownership layers, and asset classesConsolidated investment reporting
Tailored, multi-layered reports for families, boards, auditors, and investment committees — including holdings, performance, risk, allocation, liquidity, and exposure across the entire structureRisk and performance measurement
With time-weighted and money-weighted returns, benchmark comparison, contribution analysis, and risk attributionNAV and fee calculation
Including high watermark, hurdle rates, tiered and bespoke fee modelsInvestor and shareholder reporting
Multilingual and customizable formats for internal and external stakeholders
Audit-ready documentation and year-end support
Complete documentation packages, prepared for external audit and regulatory reviewRegulatory and data compliance
Supporting GDPR, LGPD, IFRS and other frameworksIT infrastructure and data handling
Secure, scalable, and automated data flows across more than 65 banks and data providers — ensuring consistency, accuracy, and traceability across the reporting chain
We also provide comprehensive back office support, including reconciliation, transaction booking, accruals, capital calls and distributions, and maintenance of static data. Our team ensures accuracy and timeliness across every administrative process — so clients and their advisors can rely on a complete, up-to-date view of their investment landscape.
Our Story
PandaConnect began in 1997 as a FinTech initiative within Nordea Investment Management.
In 2007 and 2015, the business was extracted from the bank and acquired by its two founders, establishing PandaConnect as a fully independent company.
Since then, we have formed the PandaConnect Group, opened our international office in Vilnius, and expanded across new geographies, industries, and services. Along the way, we have developed strong partnerships with custodian banks, investment managers, and data providers — all while maintaining our independence and neutrality.
It has been a long and exciting journey, and we are proud to support clients with a robust administrative infrastructure that enables transparency, confidence, and peace of mind in managing complex wealth.
Certifications & Structure
PandaConnect is privately owned and certified under both ISAE 3402 and ISAE 3000.
We operate under GDPR, and support clients subject to global standards such as LGPD, and IFRS.
Our Mission is Simple
To give our clients clarity and confidence in their investments — by taking care of the administration behind them
Christian J.G. Herold
Managing Director & Co-founder
Christian has a background as an auditor at Deloitte, where he worked from 1989 to 1998. He also worked as Chief Accountant at Industriens Pension from 1998 to 1999 one of the largest Pension Schemes in Denmark. Christian hereafter started as a director in Nordea Investment Management from 1999 to 2007. Read more about Christian on:
Henrik Wolff-Petersen
Director & Co-founder
Henrik Wolff-Petersen is Master of Science in Economics. Henrik worked as a chief portfolio manager in Nordea Investment Management from 1989 to 2007, in the areas of reporting, investments, performance recording and management assistance. Read more about Henrik on:
We are a Proud
Sponsor of WWF
WWF’s ultimate goal is “people living in harmony with nature”. Our green profile goes hand in hand with what WWF stands for, so we are proud to be able to continue our support to them – making a difference. Our continuous efforts to improve our solutions include reducing clients’ printing volumes, using energy-saving IT solutions, recycling resources, enhancing our green profile etc. “We can make a difference for future generations and the environment –and you can help.”

Employees in PandaConnect
The employees have solid theoretical and practical backgrounds. This covers fields of accountancy, audit, law, investment management, and IT development. We attach great importance to our staff consisting of professionals and positive people with passion for what they are working with.
Fundamental Beliefs
Employees listen to our Clients and keep our agreements.
Our organisations want to exceed the expectation of our Clients.
PandaConnect want to change the vision for doing Investment Administration.
“Clients are Fans”.
Our organisations want to exceed the expectation of our Clients.