Having successfully raised NOK 1.010 million in September 2007 with Ferd as the largest investor, the fund managers have focused on international investors for the second and final closing of the fund.
The list of new investors contributing a total of NOK 330 million include renowned international investors like the Singapore-based investment company Temasek Holdings, Liechtenstein-based wealth and asset management group LGT Capital Partners, UK-based LMS Capital and Capital Partners and the Singapore offshore services group Keppel FELS.
In the first closing, 10 Norwegian cornerstone investors committed a total of NOK 705 million in capital,with the remainder spread between a number of medium-sized investor groups as well as the Energy Ventures management team.