Nordic Capital Fund VII closes on €4.3bn

The investor base consists of 15 per cent Nordic region, 30 per cent rest of Europe, 35 per cent US and 20 per cent rest of the world. Both existing and new investors have committed to Fund VII.

Fund VII will focus primarily on investments in large to medium-sized companies in the Nordic region and across Europe. It is also allowed to invest outside of Europe. The industry focus will remain on healthcare as well as traditional industries and service.

Three investments have already been made from the new fund: ConvaTec, SafeRoad and EDB Gruppen.

'Nordic Capital Fund VII is honoured by the confidence and trust bestowed on it by investors, new and from prior funds, which will enable Fund VII to continue with its focused and committed long-term investing as the fund is invested over the next three to five years', said Andrew Bennett, investor relations director, Nordic Capital.

Nordic Capital has established advisory offices in Oslo, Frankfurt and London, in addition to the offices in Stockholm, Copenhagen and Helsinki.

The firm closed its previous fund, Fund VI, on €1.9bn in 2006.

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