Verdane's Growth Investment Success

Verdane, a European specialist growth investment firm based in Oslo, recently closed its Edda III fund at €1.1B, exceeding its target. This achievement follows the closure of the Verdane Capital XI fund at €1.1B just six months prior, totaling €2.2B in funds raised in the last half-year. The company's Co-Founder and Managing Partner, Bjarne Kveim Lie, expressed pride in their 20-year track record and position as a European mid-market growth leader. Edda III received support from a diverse group of investors, including private and public pension funds, global university endowments, foundations, insurance companies, and family offices. With a focus on digitalization and decarbonization, Verdane has invested in 19 European businesses in the past year, such as CAIA Cosmetics, Evondos, and Hornetsecurity. The firm's flexible investment approach allows for equity tickets ranging from €20 to over €150 million, enabling them to take on various positions in portfolio companies. Verdane's commitment to ESG principles and strong investor relationships have contributed to their success in delivering financial returns and creating value for their stakeholders.