Nordic Alpha Partners announces successful close of Nordic Alpha Partners Fund II raising DKK 2 billion
The Nordic and Germany-based growth equity fund Nordic Alpha Partners has successfully closed its Nordic Alpha Partners Fund II raising DKK 2 billion. This exceeds the fundraising target and more than doubles the size of their first fund. It’s an achievement that solidifies Nordic Alpha Partners’ status as one of Europe’s leading Greentech growth funds.
When Nordic Alpha Partners was founded in 2017, the ambition was to target the underserved industrial GreenTech growth segment with a self-developed value creation model and a highly operational investment approach. With an investment strategy and a portfolio of “dark green” companies in place even before the SFDR came into force in 2021 in the EU, Nordic Alpha Partners is today recognized as the first pure-play industrial GreenTech growth fund in Europe. Its investments have so far resulted in the abatement of 1.1M tonnes of CO2 and the creation of more than 700 jobs.
The fund has sustainable investments as its objective (i.e. all of its investments shall be sustainable) and, thus, is disclosing under SFDR art. 9. The fund focuses on Northern and Central European GreenTech firms in the growth phase.
The investor group includes a diversified group of international investors, family offices and Danish industrial funds, including Unigestion, Allianz Global Investors, Danmarks Eksport- og Investeringsfond, Novo Holdings, KfW Capital, The European Investment Fund, Copenhagen Infrastructure Partners (CIP), ABN AMRO Bank N.V., Carbon Equity, and Telos Impact.
Mazanti Transactions has advised long-term client Nordic Alpha Partners in connection with the entire process from initial discussions on fund structure, fund scope and setup, to successful close.
Read more here.