For Sovereigns & Institutions

Sovereign Risk Management, Energy Trading & Infrastructure

Specialist risk management for governments, state entities and public institutions, protecting national budgets and balance sheets against currency, commodity and interest rate volatility. Delivered alongside physical energy trading and infrastructure, with the discipline and transparency a sovereign mandate demands.

Dynamic Hedging

Sovereign Risk Management

A structured, actively managed programme shielding governments, state entities and institutions from adverse currency, commodity and interest rate movements, with hedging arranged under bilateral ISDA agreements directly between the client and its counterparty banks.

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Physical Trading

Physical Oil & Gas Trading

A physical desk trading crude oil, gas and distillates through licensed access and official state tender processes, built for reliable delivery on committed volumes.

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Infrastructure

Energy Infrastructure

Independent advice to state agencies across the full lifecycle of an energy project, always representing the state’s side of the table.

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Who We Are

Specialist Expertise.
Sovereign Discipline.

Nippur AG brings specialist risk management expertise to governments and state entities, alongside physical energy trading and infrastructure delivery. Our senior team draws on over 100 years of combined experience at leading global financial institutions and commodity houses.

Our Solutions

Risk Management

Dynamic Hedging Programme

A structured, actively managed programme protecting governments, state entities and institutions against adverse currency, commodity and interest rate movements — implemented through bilateral ISDA arrangements directly between client and counterparty banks.

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Physical Trading

Physical Oil & Gas Trading

A physical desk trading crude oil, gas and distillates across procurement, distribution and delivery, operating through licensed access and official state tender processes. Term supply relationships are built around consistency of delivery rather than opportunistic volume.

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Infrastructure

Energy Infrastructure Development & Management

Independent advice to state agencies across the full project lifecycle, from feasibility and financing structure through construction to operation. The mandate is to represent the state’s interest at every stage, ensuring contractors deliver to the agreed cost, schedule and standard.

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Why Nippur?

Specialist Expertise

Deep experience across currency, commodity and interest rate risk, physical energy and infrastructure.

Risk First

Every mandate begins with the protection of the client's position before anything else.

Governance and Control

Disciplined process, client authorisation and independent oversight at every stage.

Built to the Mandate

Each programme is constructed around the client's own objectives, constraints and reporting obligations.

Established Relationships

Direct access to global investment banks, liquidity venues and specialist engineering partners, without dependence on any single one.

Alignment

Long term partnerships in which our success depends on the client’s.

Heritage & Partnerships

A Specialist Focus on Sovereign Risk Management

Nippur AG has a longstanding focus on complex risk management mandates for governments and state entities, across the frontier and emerging markets of the Middle East, Africa and Central Asia, where few specialist firms operate. That focus, rather than scale, is what defines the firm.

This work is anchored today by ADIG Nippur, a joint venture bringing together the Abu Dhabi Investment Group (ADIG) and Nippur AG to deliver sovereign and institutional risk management across frontier and emerging markets. The partnership combines ADIG's regional standing and capital markets depth with Nippur's specialist hedging expertise, giving clients institutional grade execution at the sovereign level.

Nippur AG is a brand of the Cross Asset Risk Management Group.

Framework

Our Approach

  1. 01

    Assess

    We begin by understanding your objectives, exposures and tolerance for risk.

  2. 02

    Design

    We construct the programme around those objectives, within a mandate you approve.

  3. 03

    Execute

    We implement with discipline, and only on your authorisation.

  4. 04

    Manage

    We actively and continuously monitor the hedgebook and market exposures in real time.

  5. 05

    Report

    We provide daily reporting and scenario stress testing, clear enough to act on without interpretation.

Experience & Credentials

Institutional Pedigree

Our senior team has built its track record at leading global financial institutions and commodity houses.

  • Citi
  • Morgan Stanley
  • JPMorgan
  • Deutsche Bank
  • BNP Paribas
  • UBS
  • Macquarie
Cross Sector Expertise

Currency, commodity and interest rate risk, physical energy, and infrastructure delivery.

Sovereign & Institutional Relationships

Governments, state entities and public institutions.

Discuss Your Requirements

Whether your priority is sovereign risk management, physical energy trading or the delivery of energy infrastructure, our senior team would welcome a confidential conversation, in complete confidence and without obligation.

We look forward to working with you.

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