References/11 Sep 2024
Borenius advised Evli on the formation of a growth fund focusing on green transition
We advised Evli on the formation of Evli Private Capital Fund I. The fund is a growth fund focusing particularly on energy, resource efficiency and circular economy, and it seeks to form a portfolio of 5–8 minority investments in Finland and Sweden. The target size of the fund is EUR 70 million, while investments are expected to be in the range of EUR 8–15 million. The fund has an 8+2 year term and is a SFDR “article 8 product”, promoting certain environmental and social characteristics.
Founded in 1985, Evli has EUR 18.7 billion of assets under management. It offers a broad range of investment and asset management services, including mutual funds, alternative investment funds, asset management, as well as capital markets and corporate finance services. Evli is listed on Nasdaq Helsinki.