Co-investment

In September 2009, Proventus laid the ground for Proventus Capital Partners, a co-investment vehicle through which Proventus invests its own and external funds. Proventus, the Fourth Swedish National Pension Fund (AP4), Swedish insurance company Folksam and an additional 20 investors, including a number of institutions as well as qualified individuals, have funded Proventus Capital Partner with approximately EUR 220 million.

Proventus Capital Partners provides development capital through investments in public corporate bonds, leveraged loans and private corporate loans to mid-sized companies in need for growth and restructuring capital. Investments are carried out primarily in the Nordic region, Western Europe and in the US.

Proventus Capital Partners had a first closing in September 2009 and a second and final closing in October 2009. The co-investments are on a 7-year term.