Nordea Private Equity wins fund-of-fund mandate
BankPension, the Denmark-based EUR 1bn financial industry fund, has appointed Nordea Private Equity to run a EUR 15m fund-of-funds mandate. According to press reports, the two principal factors influencing BankPension’s decision were Nordea’s presence in Denmark and their exclusive cooperation with Hamilton Lane, which allows Nordea access to Hamilton Lane’s investment officers, its due diligence and its network.
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