Tuesday, 23 September 2014
Last updated 7 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.