Dansk Vækstkapital III ‘s DKK 1.5 Billion Fundraising

Plesner advised Vækstfonden on the deal.

Vækstfonden has established Dansk Vækstkapital III with commitments of DKK 1.5 billion.

The fund will be managed by Vækstfonden and the purpose is to invest in a broad range of venture capital and private equity funds, and consequently, indirectly invest in Danish growth companies.

In addition to Vækstfonden, a total of 29 investors, including the Danish pension funds ATP and PKA together with commercial foundations and private investors, have committed capital to the fund.

Vaekstfonden provides knowledge and network for financial institutions and investors seeking to expand their business in Denmark.

The Plesner team included Jonatan Strenov (Picture) and Jef Nymand Hounsgaard.

Involved fees earner: Jef Nymand Hounsgaard – Plesner; Jonatan Strenov – Plesner;

Law Firms: Plesner;

Clients: Vækstfonden;

Author: Federica Tiefenthaler