Nordic Capital Fund X’s €6.1 Billion Fundraising

Kirkland & Ellis advised Nordic Capital on the deal.

Nordic Capital, a leading European private equity investor, closed its Nordic Capital Fund X. The fund was closed at its hard cap with aggregate capital commitments of €6.1 billion (including sponsor commitment). The fund will focus on buyouts in Nordic Capital’s focus sectors of healthcare, technology and payments, and financial services, as well as in industrial and business services. The fund was oversubscribed, with demand from investors significantly exceeding the hard cap, and was raised in less than six months in a completely virtual capital raising process.

Nordic Capital is a leading private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services and in addition, Industrials & Business Services.

The Kirkland team advising Nordic Capital was led by investment funds partners Anand Damodaran (Picture), Andrea Renold, Alex Brodkin and Christopher Braunack and associates Aisling Campbell, Aaron Hunt, Anan Ju, Ediz Osman, Saleem Richmond, Natalie Healy and Marieta Saktorova, and included tax partners David Grenker, Ian Ferreira, Justin Barbosa and Frazer Money, and associates Amanda Milhet, Christine Fauroux, Tabatha Bergin and Felicity Blackburn, regulatory partners Lisa Cawley, Prem Mohan and Joshua Westerholm, and associates Callum Wright, Arnold Krutilins and Tim Nolan, and ERISA partner Elizabeth Dyer.

Involved fees earner: Justin Barbosa – Kirkland & Ellis; Tabatha Bergin – Kirkland & Ellis; Felicity Blackburn – Kirkland & Ellis; Christopher Braunack – Kirkland & Ellis; Alex Brodkin – Kirkland & Ellis; Aisling Campbell – Kirkland & Ellis; Lisa Cawley – Kirkland & Ellis; Anand Damodaran – Kirkland & Ellis; Elizabeth Dyer – Kirkland & Ellis; Christine Fauroux – Kirkland & Ellis; Ian Ferreira – Kirkland & Ellis; David Grenker – Kirkland & Ellis; Natalie Healy – Kirkland & Ellis; Aaron Hunt – Kirkland & Ellis; Anan Ju – Kirkland & Ellis; Arnold Krutilins – Kirkland & Ellis; Amanda Milhet – Kirkland & Ellis; Prem Mohan – Kirkland & Ellis; Frazer Money – Kirkland & Ellis; Timothy Nolan – Kirkland & Ellis; Ediz Osman – Kirkland & Ellis; Andrea Renold – Kirkland & Ellis; Saleem Richmond – Kirkland & Ellis; Marieta Saktorova – Kirkland & Ellis; Josh Westerholm – Kirkland & Ellis; Callum Wright – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Nordic Capital Limited;