Krogerus advised eQ Asset Management on its raising of some EUR 80 million for its special investment fund investing in Northern European and US private equity funds. The investors of the fund are technology sector foundations and associations.
Concurrently with the announcement of the special investment fund, eQ announced the final closing of eQ PE VIII North at EUR 160 million in aggregate commitments. Krogerus also advised eQ Asset Management on the formation of eQ PE VIII North, which held its first closing in February 2016.
eQ Asset Management is a Finland-based asset management company that is part of the eQ Group. The company parent, eQ Plc, is listed on Nasdaq Helsinki. At the end of 2015, the assets managed by eQ Group totalled EUR 7.6 billion.
Partner Marcus Möller led the Krogerus team, and he was primarily assisted by senior associate Pyry Somervuori.