Sweden

The Third Swedish National Pension Fund (AP3) partnered with Wafra to form Covalent, a new $1.05 billion private equity co-investment platform.

London-headquartered investment advisor and fund placement boutique Alvine Capital Management has hired Charlotte Bonde Tamm as managing director for its newly established Stockholm office. The new subsidiary received regulatory approval from the Finansinspektionen, the Swedish Financial Supervisory Authority. Alvine will ...

The fourth quarter marked a full year of decline in global venture capital investment, which is currently at a two-year low, according to KPMG’s latest Venture Pulse Report. Overall global venture capital investment dropped from $102 billion in Q3 to ...

Healthcare-focused hedge fund Rhenman & Partners Asset Management has suffered a rare down year following 2022’s equities market turmoil.

Nordic Capital has held one of the largest fund closes in Europe with its Nordic Capital Fund XI, surpassing its hard cap at €9 billion ($8.9 billion). The fund closed in nine months and was over 45% larger than its ...

The asset management division of Jefferies, Leucadia Asset Management, formed a strategic relationship with a newly formed credit long/short firm ISO-mts Capital Management.

The $152 billion Washington State Investment Board (WSIB) allocated to a wide range of private equity strategies and a single real estate fund in its most recent investment rounds totaling $2.35 billion. A total of five funds were added to ...

The $21 billion Minneapolis alternative investment firm Castlelake made a $150 million investment in IMH, a a Sweden-based specialty lender. The transaction includes the purchase of IMH’s existing loans and financing facility for the origination of new loans. According to ...

Union Bancaire Privée (UBP) added a new ESG sovereign local-currency debt strategy focused on emerging markets that meets the requirements of the E.U.'s Sustainable Financial Disclosure Regulation (SFDR). UBAM-EM Sustainable Local Bond will seek to improve ESG factors by favoring ...

The iCapital Network got a bit bigger with an agreement with Allfunds to provide private market opportunities to the Madrid firm’s 1,500 major private and commercial banking clients across 60 countries. Access for Allfunds clients will be broadened across geographies ...