Maj Invest Equity has successfully established a new fund – Maj Invest Equity 5 with great interest from institutional investors. “At first closing we have committed capital of EUR 215 million equivalent to 80 per cent of the fund’s target. It is very satisfactory”, says Erik Holm, Managing Partner.
Existing and new Danish institutional investors including PKA, Tryghedsgruppen and Dansk Vækstkapital II have been very interested in the fund. Additionally, several international investors have indicated an interest in entering the fund at the second closing at the end of the year.
Maj Invest Equity 5 invests in small and medium-sized Danish companies with great potential for development and growth. Focus is primarily on value creation in companies with revenues between EUR 13 million and EUR 130 million. The investment focus is based on long-term partnerships, and we often build partnerships with family-owned companies with a distinctive position in the industry. The funds typically invest in ownership stakes of 40-85 per cent.
Maj Invest Equity 5 continues the investment strategy of the previous fund, which holds eight attractive investments.
Maj Invest Equity has a large investment team of 14 experienced employees providing advisory services to five private equity funds investing in small and medium-sized Danish companies. The team has created significant value in the previous funds, including the most recent fund Maj Invest Equity 4, which is now fully invested.
Maj Invest Equity is part of the Maj Invest group including the two main business areas Private Equity and Asset Management. The Maj Invest group was established in May 2005 and is owned by management and employees.
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