DENMARK - Dansk Kapitalanlæg splits into two funds
Dansk Kapitalanlæg has set up a new DKK 900m fund to invest in Danish companies with sales between DKK 25-250m. The group has decided to focus on investments in more established businesses.
The current investments in biotech and internet start-ups and funds-of-funds will comprise Dansk Kapitalanlæg I, and there will be made no new investments in these areas. Dansk Kapitalanlæg II will focus on growth companies and generation shifts in all sectors, apart from biotechnology and internet. ‘Small- and medium-sized companies represent the majority of Danish businesses with around 20,000 companies and 500,000 employees,’ says Steen Lønberg Jørgensen, managing director of Dansk Kapitalanlæg. He comments that a number of these could grow in global niche markets and Dansk Kapitalanlæg will support such operations.
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