08/19/2021
Tangen, a former hedge-fund manager who’s been running Norway’s giant sovereign investment vehicle for almost a year, has repeatedly cautioned against expecting continued bumper returns.
08/17/2021
Stake was acquired from BaltCap Private Equity Fund II. Financing for the transaction in the amount of above €20mn was provided by Luminor, the third-largest provider of financial services in the Baltics.
08/17/2021
The transaction is subject to closing conditions, including receipt of regulatory approvals, and is expected to close by Q4 2021.