- Advertisement -
- Advertisement -

Related

Strong Finnish Appetite for Private Equity

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Finnish asset manager eQ Asset Management held the first closing of a new fund of equity funds at €126 million on January 24, according to a press release. The fundraising for the new eQ PE XII North fund will continue over the next few months, aiming for €200 million in commitments at its final closing in June.

eQ is a Finnish asset manager investing in private equity funds, currently managing over 20 funds of funds and client portfolios. “Investors continue to increase their allocation to private equity,” says Staffan Jåfs, Head of Private Equity at eQ Asset Management. “A growing number of investors in Finland choose to partner with eQ in building their private equity portfolios systematically and consistently over time.”

eQ PE XII North invests in private equity funds that focus on unlisted small- and mid-sized growth companies in Northern Europe. The new fund will make direct primary commitments, as well as selected secondary transactions to speed up capital deployment. Secondary fund investments involve buying pre-existing investor commitments to private equity funds. eQ PE XII North aims to be fully invested during 2020-2021 and targets to allocate about one-third of overall commitments to secondaries.

eQ also held the first closing of its third private equity secondary fund, called eQ PE SF III, at €75 million. The eQ PE XII North fund’s allocation to secondaries will be conducted entirely through eQ PE SF III. The new secondary fund is expected to be fully invested by the end of 2021 and targets €150 million in commitments.

“Our private equity team, with over 90 years of combined manager selection experience, is one of the most senior PE teams in Northern Europe,” comments the Head of Private Equity at eQ Asset Management. “Our secondary markets activity has become increasingly recognized in recent years, and our new fund marks already our third vehicle for this investment strategy,” concludes Jåfs.

 

Photo by Tapio Haaja on Unsplash

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Fresh Talent, New Funds: ALCUR Expands Reach in Retail Segment

After a wave of portfolio manager hires earlier this year, stock-picking fund boutique ALCUR Fonder is preparing to launch several new funds aimed at...

Quirky Questions for Kathryn Kaminski (AlphaSimplex)

Not every hedge fund conversation needs to revolve around performance charts or trade execution. In HedgeNordic’s Quirky Questions series, we look beyond the strategies to the...

Active Decisions in Passive Wrappers: Othania on ETF Innovation

Founded in early 2016 by brothers Vincent Dilling-Larsen and Christian Mørup-Larsen, Danish fund boutique Othania built its foundation on a proprietary risk model, “Tiger,”...

Rettig Appoints Crescit Manager to Oversee Hedge Fund Strategies

Simon Borgefors has joined Finnish family-owned investment company Rettig as Investment Director for hedge fund strategies in Stockholm, leaving Swedish hedge fund boutique Crescit...

€5m Ticket to Nordic High Yield From German Family Office

A German family office plans an initial €5 million commitment to a UCITS‑compliant Nordic high‑yield fund, with capacity to scale over time. According to...

From Beef to Bitcoin: August’s Wild CTA Ride

In August 2025, the CTA sub-index of the Nordic Hedge Index edged lower after two positive months, reflecting mixed performance among managers. Strong gains...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.