The Nordic real estate private equity firm completed the final close for its sixth opportunistic property fund, Niam Nordic VI, with €800 million in total equity commitments.
The investors are a mixture of global public and corporate pension funds, sovereign wealth funds, endowments, family offices, insurance companies, fund of funds and financial institutions. “We originally had a hard cap at €750 million but increased it to €800 million so that a few more of our existing investors would be able to participate. Even though the demand for Niam VI was high, we wanted to make sure that we would have a fund which is an appropriate size for the current market environment in the Nordics,” says Johan Bergman, CEO of Niam.
Niam VI can invest in all property types in the Nordic countries.
For more information, contact:
Johan Bergman, CEO +46 8 5175 85 95
Jennifer Andersson, COO, Head of IR & Business Development +46 8 5175 8559
Niam is the leading real estate private equity firm in Northern Europe with real estate assets under management of approximately €2.3 billion. Niam offers global institutions the opportunity to invest in the Nordic property markets. Niam was established in 1998 and has invested over €5 billion through its own funds since 2000. Niam has a fully integrated investment team of 49 dedicated real estate professionals with experience across all major asset classes. The company is headquartered in Stockholm and has offices in Oslo, Helsinki and Copenhagen. For more information, please visit www.niam.com.