Verdane Capital, an investment firm with offices in Copenhagen, Helsinki, London, Oslo and Stockholm, has closed a new fund, at SEK 3 billion.
Verdane Edda was oversubscribed and closed at its hard cap, with 60% of investors coming from outside the Nordic region. The fund received commitments from leading global university endowments, foundations, insurance companies, family offices, government agencies, as well as private and public pension funds. Over 50% of the capital was from non-profit investors.
Led by Bjarne Lie, Managing Partner, and Jakob Tolleryd, Johnny Rindahl, and Henrik Aspén, Partners, Verdane Edda will invest in fast-growing companies in the Nordics within software, consumer internet and more traditional sectors where digitalization can be a key driver of success.
The fund will generally aim to take controlling stakes in single companies, but minority positions may also be relevant. It will target individual investments reaching up to SEK 500m.