Swedish private equity firm Altor Equity Partners has completed its fifth fund, Altor Fund V, with 2.5 billion euros ($2.8 million) in capital commitments.
Backers in the fund mainly included university endowments from the U.S., charitable foundations, insurance companies and pension funds as well as commitments from investors in Europe and the Middle East.
Altor Fund V will commit in and develop mid‐market companies in the Nordic region and will also target opportunities in the German speaking‐region.
Investments will generally be made in private companies with revenues typically in the range of $56.7 million to $567.3 million.