Verdane Closes on SEK 3 billion in under 3 months
Verdane Closes on SEK 3 billion in under 3 months
Verdane Capital IX AB (Verdane IX) has closed at its hard-cap with SEK 3 billion in commitments. The fund, which is Verdane’s largest to date, was significantly oversubscribed. Verdane IX will invest in small- and medium-sized growth companies in Northern Europe, primarily by providing liquidity to owners of unlisted portfolios.
Verdane IX’s group of around 30 professional investors includes private and public pension funds, university endowments, private foundations, insurance companies and family offices. The investors are all committed to the fund’s mission: to help unlock the underlying potential of small- and medium-sized growth companies.
Verdane IX builds on the experience of Verdane funds that have conducted 28 portfolio transactions, which, combined with a number of single company investments, have led to ownership in more than 80 core portfolio companies. These are typically on a rapid growth trajectory, supported by long term structural growth trends, and enabled by the use of technology.