Herkules Capital launches third fund with final close of NOK 6 billion (EUR 700 million)
November 5, 2008
Herkules Capital, the leading Norwegian Private Equity firm, formerly known as Ferd Private Equity, announced the launch and final close of its third fund, Herkules III. The final close exceeded its target, raising more than NOK 6 billion (approx. Euro 700 million). The fund is the largest Norwegian private equity fund ever raised. Herkules III's key investors include Argentum, Ferd, Orkla, DnB NOR, Storebrand, Goldman Sachs and Indiana PERF. The fund will follow Herkules' established investment criteria.