NORWAY - Verdane holds first close of new fund on SEK 650m

Among the fund's backers are Finnish Industry Investment, which committed EUR 9.7m, Norwegian governement-backed LP Argentum, and Kommunal Landspensjonskasse Mutual Insurance Company.

Verdane buys portfolios of direct investments in unlisted companies from other investors. They have been operating the secondaries direct market in Denmark and Norway since 2003, and are now moving into Denmark and Finland.

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• Secondaries
• Nordics