Finnish Firm Raises $176M For Private Equity Fund of Funds

Feb 1 2008 | 1:03pm ET

Finnish firm Pohjola Private Equity Funds has held a second close for its first fund of p.e. funds. The Selected Private Equity Funds I raised €119 million (US$176 million), and will remain open to new investors until June 2008, or until it reaches its hard cap of €180 million (US$267.4 million).

Commitments were secured from a total of 18 institutional investors.

The fund, which invests in European small- and middle-market buyout funds, has made five investments in its core market.

Pohjola is based in Helsinki and manages almost €1 billion (US$1.5 billion) in private equity assets for the Selected Private Equity Funds I and its other asset management investors.


In Depth

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of