Monterro closes new SEK 1.2 billion fund
Stockholm based private equity firm Monterro has closed its second fund and raised SEK 1.2 billion. Monterro 2 is more than twice the size of Monterro 1, surpassing its target and reaching the hard cap for the fund. Monterro 2 will have the same focus as Monterro 1 – investments in Nordic software companies."We are grateful for the support we have received from our existing investor base and we also welcome a limited number of new investors. Since the inception of Monterro we have been fortunate to be involved with a number of great Nordics software companies and supported their growth and