
Litorina IV closes on SEK 2.5bn hard-cap
Litorina has closed its latest fund, Litorina IV, having reached its hard-cap of SEK 2.5bn.
Fundraising began five months ago and the fund was significantly oversubscribed at closing. New and existing investors have committed capital to the fund, which will invest in primarily Swedish companies with an enterprise value in the range of SEK 200-750m.
Probitas Partners acted as sole placement agent for the fund and SJ Berwin was legal adviser to Litorina and the fund.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater