Nordic unquote
Private equity boosts returns for PensionDanmark
Private equity was the third best performing asset class, after infrastructure and real estate
Nordic giants drive region's aggregate value jump
Aggregate value of buyouts in the Nordic countries jumped to €25.7bn in 2018, a 66% increase on 2017
Summa closes second fund on SEK 6.5bn
GP has already drawn capital from the new vehicle to acquire building technology firm Infobric
Apax France-backed AEB buys Danmil
AEB plans to strengthen its offering and expand in the Nordic market
Adelis buys Ropo Capital from Sentica
Ropo’s management team remain in their positions in the business and will retain a stake
Oxx leads $8m round for Funnel
Existing investors Balderton Capital, Industrifonden and Zobito also take part in the financing
Japanese bank partners with BaltCap for €100m fund
BaltCap’s Kiisa will join the NordicNinja fund as managing partner alongside two JBIC executives
Standout Capital backs VisBook
GP invests via its Standout Capital I fund, which held a final close on SEK 1bn in August 2017
FSN makes final exit from Netcompany
Shares would be valued at DKK 685m, based on yesterday’s share price of DKK 220
Kinnevik invests SEK 900m in MatHem
Investment comprised SEK 400m of primary capital and a SEK 500m secondary share purchases
Accel in $30m series-B round for Chainalysis
Chainalysis has previously raised funds from Techstars, Point Nine Capital, FundersClub and CVP
Tesi to invest €75m in circular economy initiatives
Tesi’s fund-of-funds programme makes 5-10 investments per year, totalling €100-150m
Storebrand buys Cubera Private Equity
Purchase price may increase in connection with the raising of capital for new funds
US healthcare funds buy Moberg Pharma's OTC business for $155m
Purchase price represents a 14.1x entry multiple for the investors and is 3.3x the group’s revenues
Summa buys Infobric
Management team is reinvesting for a minority stake in the business alongside Summa
Insight leads €56m round for Tink
Company aims to be in 20 European markets by the end of 2019, up from nine currently
KKR backs Söderberg & Partners in $1bn deal
Buyout is being structured with a low level of leverage due to the preference of the family owners
ATP records loss despite strong PE returns
DKK 785bn fund’s performance took a hit from investments in the global equity markets
Altor holds final close on €2.5bn hard-cap
Vehicle was registered in Sweden in August, but began its official marketing period in September
EQT-backed StormGeo buys DNV GL Maritime
Combination of the two companies will result in a new offering to the global shipping industry
SEB Investment Management appoints new CEO
Ragnartz joins from pension company AMF, where she worked as head of asset management
TCV invests $200m in Relex
First investment from the growth equity investor’s $3bn TCV X fund, after a final close in January
Ex-AP6 exec Erik Nobel launches LLCP Stockholm office
Erik Nobel is in charge of establishing and managing the newly established office in Stockholm
Investinor backs $15m series-C for Novelda
Existing investors Allianz Ventures and Swedish tech investor Norron also take part