Verdane closes new fund at record SEK 3bn

Stockholm — 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 is grateful for the support of investors, and we look forward to helping ambitious management teams build great companies,” says Bjarne Lie, Managing Partner at Verdane Capital Advisors IX.

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’s core investment strategy is to act as a problem solver for owners of unlisted assets, by providing liquidity in a flexible manner. We will seek to offer an attractive solution to sellers of portfolios, designed to meet their specific needs,” says Lie.

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.

“Post investment, Verdane acts as an ambitious, active owner, using our extensive experience and industrial networks to help management teams and companies sustain and accelerate growth,” says Lie.

Verdane Capital was advised by London based Rede Partners, an independent fund raising and secondary advisor to the private equity industry, and Andulf Advokat, a Stockholm based law firm specializing in private equity.

Post investment, Verdane acts as an ambitious, active owner, using our extensive experience and industrial networks to help management teams and companies sustain and accelerate growth.

About Verdane

Verdane funds support companies that have high ambitions in software, consumer internet, energy and high-tech industries with flexible growth capital. The funds are distinctive in that they can either purchase an entire portfolio, parts of a portfolio, or a single position, from a portfolio of unlisted assets.Verdane Capital Advisors has 22 employees working out of offices in Oslo, Stockholm, and Helsinki. More information can be found at www.verdanecapital.com

 

 

Bjarne Lie, Managing Partner
Verdane
bjarne.lie@verdanecapital.com
+47 918 15 508