Krogerus advises on launch of LocalTapiola Private Debt IV at €322 million

Krogerus advised LocalTapiola on formation of LocalTapiola Private Debt IV. The strategy of this fund is to invest in US and European credit funds. The fund was opened for investors in early 2026 and it demonstrates exceptionally strong fundraising momentum, having recently reached second closing at €322.4 million which is above the size of its predecessor fund. Fundraising will continue through early 2027.

Partner Pyry Somervuori led the team together with Counsel Joonas Parkkinen. They were mainly assisted by Associate Amalia Tiainen. Partner Samu Lassila advised on tax aspects of the fundraising.