Twitter LinkedIn
    Tuesday, February 7
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Fundraising»Nordic Capital raises over €1.2bn for first mid-market Evolution Fund in a record three months
    Fundraising

    Nordic Capital raises over €1.2bn for first mid-market Evolution Fund in a record three months

    July 1, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Nordic Capital has held the first and final close of its first Evolution Fund at just over €1.2 billion (including GP commitment of 6.8 million per cent). Launched in April 2021 and raised in only three months, the Fund was substantially oversubscribed at its hard cap and significantly exceeded its target.

    With the Evolution Fund, Nordic Capital will build on its long and successful investment experience in the mid-market, applying its value creation model to a broader size range of mid-market companies in its selected sectors and geographies, leveraging its own expertise and extensive expert networks.

    Focusing on control buyouts, the new Fund will target equity investments across Northern Europe of between EUR35 million and EUR150 million in mid-market companies with an EV of EUR50 million to EUR300 million. It will closely replicate Nordic Capital’s established and successful strategy focusing on non-cyclical growth opportunities within the Healthcare, Technology & Payments and Financial Services sectors.

    Read more/Source: Private Equity Wire

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Fundraising funds peinsider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Carlyle targeting $1.6B for second renewables fund

    November 18, 2022

    Comments are closed.

    Other Articles

    Equistone acquires Franke Water Systems

    March 5, 2021

    PAI Partners to sell Perstorp to Petronas Chemicals Group in €2.3bn deal

    May 17, 2022

    Partners Group to sell US digital engineering services company GlobalLogic to Hitachi in deal valued at USD9.5bn

    March 31, 2021

    As Profits Rise, Private Equity Billionaires Have Huge Paydays

    March 1, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?