Nordic Capital, a private equity investor, closed Nordic Capital Evolution II, at EUR 2 Billion.
Raised within four months from launch, the Fund closed at its hard cap exceeding its target of EUR 1.4 Billion.
The investor base comprises a diversified mix of institutional investors: public and private pension funds (c.41%); asset managers and advisers (c.26%); sovereign wealth funds (c.14%); family offices and foundations (c.13%); and financial institutions (c. 6%).
Nordic Capital is a sector-specialist private equity investor with a commitment to creating sustainable businesses through operational improvement and transformative growth. It focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are healthcare, technology and payments, financial services, and service and industrial tech. Key regions are Europe and globally for healthcare and technology and payments investments.
Evolution II will target investments predominantly in Northern European companies with an EV of EUR 100 million to EUR 400-500 million.
Since inception in 1989, Nordic Capital has invested c. EUR 26 Billion in close to 150 investments. The firm has local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway, and South Korea.
FinSMEs
20/12/2024