CapMan, a leading private equity investor in the Nordic region has announced it will expand its operations to Norway, and set up an office in Oslo.
Following this decision, Argentum will make a strategically important investment of EUR 50 million in CapMan’s newest fund, CapMan Equity VII A.
Following the expansion, CapMan will be the only private equity investor with offices in Finland, Sweden, Denmark and Norway.
CapMan is pleased with these developments and state that even though the Norwegian private equity market is not as developed as that of Finland, Sweden and Denmark, it is expected to grow more rapidly than the other Nordic markets.
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