Nordic Capital related stories
All articles and analysis
Reuters – Nordic Capital Holds $2.25B First Close For Latest FundNordic Capital has raised 1.7 billion euros ($2.25 billion)($2.25 billion) in the first close of its latest fund, Reuters reported. 'First close' means a private equity firm has asked clients to release money they promised so that it can start investing, while still looking to increase the size of the fund. Nordic Capital, which specializes in investing in companies in the Nordic region and German-speaking countries, began marketing its eighth fund last April and expects to hit its 3 billion euro target by the summer, Reuters wrote Friday.
- Sweden to treat carry as ordinary income
Dialogue between private equity and the government over carried interest has helped bring a positive outcome for the industry, according to the industry's Swedish trade body.
- Avista hires pharma head for healthcare
The firm has added Brian Markison, former CEO of Fougera Pharmaceuticals, as an industry executive to help source deals and oversee investments. Avista now has 13 operating executives.
- Nordic reduces fundraising target
As the firm nears a €1.5bn first close, it has decided to reduce the resources it has devoted to fundraising in order to focus on investments.
- EQT to invest in Danish retail
The investment, which will be the seventh transaction from the €4.82 bn EQT VI, follows a string of retail investments by private equity firms from the Nordic region.
- LACERA approves €75m re-up to Nordic
The Los Angeles County Employees Retirement System previously committed to Nordic Capital’s seventh fund, which has already completed at least 12 portfolio acquisitions.
- AIP, EQT, Headland lead pack in PEI's Operational Excellence Awards
American Industrial Partners, EQT and Headland Capital won the overall Americas, EMEA and Asia categories in PEI's inaugural Operational Excellence Awards.
- New Mexico commits to EnCap, Nordic
The New Mexico State Investment Council invested $150m between new offerings from Nordic Capital and EnCap Investments.
- No plain sailing in Nordic waters
While the Nordic economies are in relatively good shape, deal flow has slowed and deal value has dropped significantly in the second half of 2012.