Evli's new Private Equity IV fund invests in top quality, international private equity funds, mainly active in the buyout market, which invest in unlisted shares. After a rapid, successful fundraising, the fund already has more than EUR 75 million in investment commitments at the time of its first closing.
The Evli Private Equity IV fund’s strategy is to invest in a diversified portfolio of the best funds in different markets and sectors. The new fund will invest in 10-15 different buyout funds, giving investors the opportunity to diversify into high quality assets around the world. The fund will have a target size of EUR 150 million, which would make it one of the largest Finnish fund-of-funds in terms of size.
"We are very pleased with the market demand for Evli's new private equity fund. We will continue with the same successful strategy as our previous fund-of-funds, investing in the world's best funds, while working closely with them to facilitate new growth stories. This is a strategy that our own fund investors have come to trust. The Private Equity IV fund has raised a record amount of more than EUR 75 million by its first closing," says Ben Wärn, Head of Private Equity at Evli Fund Management Company.
Evli Private Equity Funds offer investors unique access to carefully selected, top-performing buyout funds globally, which can often be hard to reach. Fund selection focuses on manager skill and the ability to generate excess returns through different phases of the economic cycle. The funds are also diversified geographically, across sectors and temporally, giving Evli's clients flexible access to the most attractive and best performing funds.
"Through Evli, investors can tap into the return potential of the growing buyout market without high capital requirements, as Evli Private Equity funds offer the opportunity to participate in high quality investments with a low barrier to entry," adds Wärn.
Private Equity return expectations have increased significantly for the coming years
Private equity has offered good and consistent return potential across economic cycles, and Evli expects this trend to continue in the coming years. The market's growth will be fuelled particularly by falling interest rates, which are expected to increase both exit rates and investment activity.
"As an asset class, private equity is extremely interesting, especially right now. The market is starting to regain momentum as exits increase and the market is encouraged to build new growth as interest rates fall. In addition, there is a lot of unrealised value, particularly in newer buyout funds, which could surprise fund investors positively in the year ahead. Investors should be including private equity investments in their allocations by now at the latest," says Richard Wanamo, Investment Director, Private Assets at Evli Fund Management Company.
Evli's alternative funds are managed by a highly experienced 38-strong portfolio management team, which brings in-depth expertise and knowledge from various areas of asset management. The funds adhere to responsible investment principles that are integrated throughout the investment process. This commitment to responsibility ensures that investments are made with an eye on both financial returns and sustainable development.
Evli Fund Management Company’s alternative funds offer a diverse and broad range of investment opportunities, with approximately 30 alternative funds and assets under management totalling EUR 2.8 billion (September 30, 2024).
Additional information:
Richard Wanamo, Investment Director, Private Assets at Evli Fund Management Company, Ltd., tel: +358 50 441 0294, richard.wanamo@evli.com
