Friday, 22 August 2014
Last updated 3 hours ago
Aug 9 2007 | 1:47pm ET
Stockhom, Sweden-based mid-market private equity firm Accent Equity has raised €380 million ($523 million) for its new Accent Equity 2008 mid-market buyout fund.
The fund was raised from a total of 28 blue-chip investors from the Nordic region as well as Europe, the U.S. and Asia, comprising pension funds, fund of funds and other institutional investors, according to the firm.
Accent’s investment strategy is to invest €5 million to €50 million equity to businesses in Sweden, Norway, Finland and Denmark, in transactions with enterprise values of €10 million to €250 million.
“The excellent investor response to our new fund reflects the strong performance of our investment team and the success of our strategy to date,” said Jan Ohlsson, CEO. “We aim to build upon the success of the 2003 Fund, and to remain focused on the Nordic lower mid-market, where there is significant potential for value creation.
Accent Equity 2008 is the sixth fund raised by the firm, which has been active in the Nordic p.e. market since 1994. Accent’s assets under management are now €700 million.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note