After less than three months on the road, Altor, a Nordic private equity firm, has raised the amount of €2 billion for its fourth buyout fund.

Most of the capital was raised from Altor’s existing LPs and only “a select few” new investors were invited, said the firm.

Nordic investors provided 20 per cent of total commitments with the rest coming from the US, Europe, Middle East and Asia.

Altor targets companies with revenues of between €50m and €500m. The new fund will back privately-owned companies and make minority investments in publicly traded companies and distressed debt.

Altor partner Harald Mix said, “During the past year Altor has successfully realized four investments, including OW Bunker, Max Matthissen, Eurocater and Byggmax. The returns have been very strong, equally important all these companies have found new owners who will be able to further develop these businesses in the future.

Source: AltAssets


Tags: Private Equity, Private Equity Firm, Private Equity Group, Private Equity Company, Private Equity Fund, Private Equity Investment, Private Equity Investor, Fund of Fund, Private Equity Business, Private Equity Industry, PE, Nordic Private Equity, Altor, Nordic Buyout Fund, US, Europe, Middle East, Asia, Harald Mix, OW Bunker, Max Matthissen, Eurocater, Byggmax.


The venture capital investment arm of Google Inc. and provides seed, venture, and growth stage funding to technology companies Google Ventures, is planning to open a London office.

Its founding partners will be investors Peter Read and Tom Hulme, policy wonk Rohan Silva, product and marketing executive Eze Vidra and one other as-yet unidentified woman, Breitbart London has learned. Sources say Silva has been telling “anyone who would listen” about the imminent launch.

Multiple sources have confirmed that Read, an angel investor in dozens of companies and one of the heavyweights of the British startup investment ecosystem, was Google’s number one choice for the firm. A source at Google says he has, after a period of uncertainty, decided to take the job, though he may not have physically signed his contract yet.

Source: Breitbart News


Tags: Venture Capital, Venture Capital Firm, Venture Capital Group, Venture Capital Industry, Venture Capital Investment, Venture Capital Investor, Venture Capital Fund, VC Funding, VC, Google Inc., Seed Funding, Venture Funding, Growth Stage Funding, Technology Companies, Google Ventures, London, UK, Peter Read, Tom Hulme, Rohan Silva, Eze Vidra, Breitbart London, Britain, British Startup, Startup.


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