Private Equity

FSN Capital hits first close on latest fund

The fundraising close comes as investors show an insatiable appetite for Scandinavia

View over Stockholm
View over Stockholm

Nordic-focused private equity firm FSN Capital has held a first close on its latest buyout fund after amassing seven billion Swedish kronor (€738 million), according to a person familiar with the matter.

FSN, which aims to raise €800 million for the fund, held the first close on July 1, the person said. The vehicle has a €1 billion upper limit, or hard cap.

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