Verdane to invest SEK 6 billion in Northern European growth companies
Rede would like to congratulate Verdane on the highly successful SEK 6 billion close of Verdane Capital X.
Verdane Capital X closed at its 6 billion SEK hard cap in January. The fund received commitments from leading global university endowments, foundations, insurance companies, family offices, government agencies, as well as private and public pension funds from 11 countries. Over 50% of the capital comes from non-profit investors.
Based on deep sector expertise, Verdane will help ambitious management teams of fast-growing businesses accelerate and sustain growth. The new fund will invest in Northern European companies, typically with 50-500 million SEK in revenues. It will acquire majority or minority positions in either single companies or portfolios of companies.
Companies backed by Verdane funds will access capital, know-how, a global network and the advisory team’s 15-year experience of building sector leaders across the Nordics. Importantly, they will also gain access to peer-to-peer knowledge exchange in a professional network built through over 100 core investments in the software, consumer internet, advanced industrial and energy sectors.