Accent Equity 2017 completes fundraising at target of SEK 3.0 billion
- Accent Equity 2017 has successfully completed its fundraising at the target of SEK 3.0 billion
- The 2017 fund will continue its predecessor funds’ focus on investments in the Nordic lower mid-market
Accent Equity 2017 L.P. held a final close at SEK 3.0 billion on 9 October 2017 following a very short fundraising process. The fundraising was carried out with no external marketing as the investors supporting earlier Accent Equity funds stand for the overall majority of the commitment to the new fund.
The 2017 fund is backed by some 20 well-reputed blue chip institutions – including public and private pension funds, insurance companies, endowment funds, asset managers and funds-of-funds. Approximately 25% of the total commitments come from investors in the Nordic region, 60% from the rest of Europe and 15% from North America and Asia.
The 2017 fund is the eighth fund raised since 1994, and the fourth under the Accent Equity name.
The strategy of Accent Equity 2017 remains generally the same as for Accent predecessor funds, with an even more pronounced focus on the lower mid-market transactions in the Nordic region (Sweden, Norway, Finland and Denmark) in the enterprise value range of SEK 200 – 500 million.
The 2017 fund will be advised by Accent Equity Partners, exclusive investment advisor to the Accent Equity funds.
For additional information, please contact:
Jacqueline Richomme, Chairman of AEP 2017 Ltd, +44 7797 715 261
Niklas Sloutski, CEO Accent Equity Partners, +46 70 300 99 59
About Accent Equity:
Founded in 1994, Accent Equity is one of the buy-out investment pioneers in the Nordic region. Since then, Accent Equity funds have invested in 82 companies, of which 63 investments have been realised. Accent Equity Partners have advised seven funds with total commitments of more than SEK 10 billion. Accent Equity’s ambition is to develop the portfolio companies to be Nordic, European or Global leaders through sustainable improvements of their operations as well as by their strategic positioning. www.accentequity.se