Pohjola with first closing of new fund-of-funds
Pohjola Private Equity Funds has reached the first closing of its new fund-of-funds, Selected Private Equity Funds II. The round closed at EUR 97 million and the capital was raised by seven Finish institutional investors.
The fund´s target amount is EUR 150 million, and Pohjola plans to invite selected institutional investors from outside Finland to reach the set target. The new fund-of-funds will invest in 15 lower mid-market buyout funds across Europe and focus on funds of a size between EUR 100 - 500 million.
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