Nordic Capital is understood to be going ahead with the proposed restructuring of its 2008-vintage fund, rolling over holdings worth €2.2bn into a five-year continuation structure.
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Previous backer Cambridge Enterprise and newcomer Future Care Capital also take part in the funding
Jadeberg will invest the proceeds of divesting its second fund on a deal-by-deal basis
Founder Olaf Schmitt and his management team retain a significant stake alongside Kieger