Tuesday, 5 May 2015
Last updated 6 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…