Cubera gathers €405m

The investment firm continues to target the Nordic secondaries market.

Cubera VIII has held a first and final close on its hard-cap of €405 million. The oversubscribed fund will continue to pursue Cubera’s focused strategy of investing in the Nordic secondaries market.

The private equity firm’s eighth fund received backing from investors based in the US, Europe and the Middle East.

Cubera VIII was almost double the size of Cubera VII, which closed in August 2014 on €225 million.

Berchwood Partners acted as the placement agent for the vehicle.