Fund I - The Early Years
Robert Andreen and Morgan Olsson co-found Nordic Capital in 1989.
Skandia Life Insurance and Svenska Handelsbanken establish a joint venture and commit to support Nordic Capital Fund I with EUR 55 mn.
Due to regulatory considerations, initial investments are made with co-investors or in partnership with vendors.
Fund III - International Investors
Nordic Capital sources capital internationally and successfully establishes Nordic Capital Fund III at EUR 350 mn, its first fund to be based in Jersey.
NC Advisory, investment advisor to the Nordic Capital Funds, is established in 1998.
Nordic Capital's expanding network of business contacts enable it to pursue buyouts outside Sweden.
Fund VII - International expansion and leadership transition
In 2008, Nordic Capital Fund VII closes at EUR 4.3 bn.
NC Advisory opens offices in Oslo, Helsinki, Frankfurt and London.
In 2010, Joakim Karlsson and Kristoffer Melinder are appointed as co-Managing Partners for the NC Advisory network, which now consists of approx. 75 employees.
In 2011, Nordic Capital announces the EUR 9.6 bn sale of Nycomed- the largest private equity trade sale in Europe and the third largest globally.
During 2012, Nordic Capital wins more awards than in any previous year.
Over a period of 24 months in 2012-2013, Nordic Capital funds make platform investments in 9 European companies.
Fund VIII - Continuing the Nordic Capital way
Nordic Capital Fund VIII closes in 2013 at EUR 3.5 bn and makes its first investment the same year.
17 platform investments are made over the next four years, strengthening the firm’s position in five core sectors and its reputation as a leading investor in Healthcare globally.
Kristoffer Melinder becomes the sole Managing Partner and the organisation grows to 125 employees.
Continued focus on Ownership Excellence and Operational Improvement, including the establishment of dedicated operations team to drive portfolio performance and growth.
Significant exit momentum achieved, including ten listings on the Nordic stock markets and the flotation of ConvaTec on the London Stock Exchange, as well as the successful sale of Bambora and the closing of the significant public Intrum/Lindorff merger.
Nordic Capital receives recognition from the industry with awards like Firm of the Year in the Nordics by Private Equity International (2015); Nordic Deal of the Year for Permobil by Real Deals Private Equity Awards (2014) and Exit of the year for Permobil by the Swedish Venture Capital Association (2014).
In December, 2017, Nordic Capital’s 2003 vintage fifth fund “Nordic Capital Fund V,” is awarded a place in the “Private Equity Value Creation Hall of Fame” which was compiled by HEC Paris and announced by Private Equity International magazine.
Operational excellence is also recognised when Nordic Capital receives the Private Equity International award for “Excellence in Procurement” in 2017 for its cross-portfolio initiative, as well becoming a three time winner of the Private Equity International Award for Operational Excellence for Thule in 2015, Permobil in 2013 and Nycomed in 2012.
Fund IX - focus on creating alpha
Nordic Capital Fund IX closes in 2018 at EUR 4.3 bn following strong demand. Three new investments in the new fund are announced during the first quarter of the year.
Consistent with the strategy of its predecessor fund, Fund IX focuses on five core sectors: Healthcare; Financial Services; Technology and Payments; Consumer Retail and Industrial Goods and Services.
Fund IX expands the well established investor base, attracting high re-up rate and LP commitments from new geographies, reinforcing Nordic Capital’s leading position in the Nordic region, global healthcare market and selected European sectors.
In 2018, Nordic Capital also successfully closes its milestone EUR 2.5 bn continuation vehicle for its seventh fund, an innovative secondary transaction that provides Nordic Capital Fund VII portfolio companies with the opportunity to maximise their value creation potential over the next five years.
The record breaking exit of Bambora in 2017 is followed by the successful exit of AniCura in 2018.
For the sixth year running, a member of Nordic Capital's investment advisory team is recognised on the “Private Equity Rising Stars” list compiled by Financial News and Private Equity News. This accolade highlights the breadth and depth of Nordic Capital's talented and committed team.