
SE Blue Equity launches DKK 600m second fund, rebrands
Danish GP SE Blue Equity has launched its second fund, targeting DKK 600m to invest in local companies specialising in environmental technology and services.
With the new fund launch, SE Blue Equity will also be rebranding to Blue Equity, advised by Blue Equity Management. The former CEO of Danish pension fund PFA, Henrik Heideby, will be the new chair of Blue Equity Management.
Blue Equity's fresh fund follows its first vehicle reaching full deployment, having invested in 11 companies since the DKK 600m vehicle was launched in 2013.
Investors
Backers in SE Blue Equity I have committed to re-upping for Blue Equity's latest fundraise and the GP will also allow new LPs to join the investor group.
The GP's existing core backers include PFA, industrial foundation Danfoss Fonden, family office Lind Invest, energy company SE and Blue Equity Management's management team.
Investments
Blue Equity's vehicle will invest in Danish SMEs focusing on environmental or energy-improving technology and services.
As such, the fund's strategy remains identical to the GP's maiden vehicle, the portfolio of which reached combined EBITDA of DKK 23m last year.
People
Blue Equity – Christian Møller (managing partner); Henrik Heideby (chairperson).
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