Proventus Capital Partners I
Proventus Capital Partners I was raised in 2009 and had a committed capital of EUR 216 million.
Proventus Capital Partners I had approximately 25 investors including Proventus AB, the Fourth Swedish National Pension Fund (AP4), Folksam, Länsförsäkringar, SEB’s and Vattenfall’s pension funds, the Swedish Foundation for Strategic Research, Sophiahemmet, the Swedish Union of Tenants and the Einar Mattsson Group, as well as a number of qualified private investors.
Focusing on financing to Nordic companies in need of capital for expansion, acquisitions, restructuring and refinancing as well as investments in public high-yield bonds, and the first institutional fund managed by Proventus Capital Management AB, the fund was fully invested in the second quarter 2011.
Its nineteenth and final loan investment was repaid in full in the third quarter 2015. As a consequence, the final amount outstanding under the participation loan debentures was repaid and the debentures were de-listed from the Debt Securities segment of Nordic Growth Market NGM in Stockholm in October 2015.