Evli Strengthens Buyout Market Presence with New Private Equity Fund

Evli Fund Management Co Ltd has launched a new private equity fund, the Evli Private Equity IV, which has already secured over EUR 75 million in investment commitments at its first closing. The fund aims to build a diversified portfolio by investing in 10-15 buyout funds globally, with the target size set at EUR 150 million. This initiative reflects Evli's ongoing strategy of providing access to high-quality buyout funds through its fund-of-funds approach. Head of Private Equity, Ben Wrn, expresses satisfaction with the strong market demand and the successful initial fundraising efforts. The firm aims to offer investors the opportunity to diversify their portfolios with high-quality assets without the need for high capital commitments. The private equity landscape is seen as promising due to expected falling interest rates, fostering increased exit rates and investment activities. Evli emphasizes responsible investment and echoes a forecast of continued strong returns from private equity. The company's comprehensive asset management team ensures a responsible approach that aligns with financial and sustainable development objectives. Evli manages approximately EUR 2.8 billion across 30 alternative funds as of September 2024.