Nordic Capital announces strategic passive minority investment by Ottawa Avenue Private Capital
Following a strong trajectory of growth, Nordic Capital announced today that Ottawa Avenue Private Capital (“OAPC”) has acquired a passive minority equity interest in the firm. The investment will strengthen Nordic Capital’s balance sheet, which will facilitate the firm to further invest in its business. The investment will also allow for development of the Nordic Capital organisation and platform.OAPC is an investment advisory firm located in Grand Rapids, Michigan. It was formed to manage investments in private equity and other alternative asset classes. OAPC is an independent affiliate