Norvestor Closes Nova I Fund at EUR 500 Million
Funding | Mar 26, 2025 | Asante Capital Group
Norvestor, a prominent investment firm, has successfully closed its latest fund, Norvestor Nova I SCSp, at EUR 500 million. This significant achievement surpassed the initial fundraising target of EUR 350 million in a remarkable time frame of less than three months, indicating robust investor confidence and demand. Norvestor's accomplishment underscores its strong position in the market and its ability to attract substantial capital under challenging conditions. Asante Capital Group, acknowledged as an advisor to Norvestor, has expressed its congratulations on this successful closing, highlighting the strategic partnership and collaboration in reaching this milestone.
Sectors
- Private Equity
- Investment Management
Geography
- Europe – The fund is closed in EUR, suggesting a European context or base for Norvestor's operations.
Industry
- Private Equity – The article discusses the closing of a private equity fund, which is a part of the broader private equity industry.
- Investment Management – The establishment and closing of the Nova I fund is a clear activity in the investment management industry.
Financials
- EUR 500 million – The amount raised for Norvestor Nova I SCSp fund, surpassing the initial target of EUR 350 million.
- EUR 350 million – The initial fundraising target for Norvestor Nova I SCSp fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Norvestor | Fund Manager | Company | Norvestor is the fund manager of the Nova I SCSp fund. |
| Asante Capital Group | Advisor | Company | Asante Capital Group acted as an advisor to Norvestor in the fund closing. |