The partners of Alder are happy to announce that Alder has completed the final close of Alder III. The fund will invest in mid-sized companies in the Nordic region but also selectively in rest of Europe. Alder only invests in companies with an environmentally sustainable edge and strong growth prospects – a focus which is consistent since the foundation of the firm.
The third fund raised SEK 3.1 Bn (hard cap) from external investors and the Alder team, which is a doubling from its predecessor fund Alder II. The investors in Alder III include leading pension funds, foundations, insurance companies, family offices and fund-of-funds from Europe and North America. The fund is an SFDR article 9 fund with distinct sustainability objectives. This in combination with a strong investment track record created excess demand for Alder III.
“We are grateful for the trust that new and returning investors have shown in the team and the strategy of Alder. The establishment of Alder III enables us to continue partnering with high quality sustainable companies with a goal to generate substantial value growth and positive environmental impact.” – say the partners at Alder.
Alder III made its first two platform investments in 2023 with the majority investments in EWGroup, a Swedish company active in soil remediation services, and in Insort, a company based in Austria and active in machine visioning solutions for the food processing industry.
Alder has in the beginning of 2024 strengthened the team with the recruitments of Elise Fahlén, Martin Hörnberg, Johanna Strömqvist and Felicia Jacobsson. The recruitments build the organisation for continued portfolio growth and to further broaden and strengthen the capabilities and experiences in the team.
Alder received legal advice from Vinge (fund advisor) and Proskauer (US and UK tax and regulatory) in the fundraising process. Lazard Inc. served as exclusive placement adviser.
For more information, please contact:
Henrik Blomé, Partner at Alder
Tel. +46 706 380 130, henrik.blome@alder.se
Dag Broman, Partner at Alder
Tel. +46 705 164 018, dag.broman@alder.se
Henrik Flygar, Partner at Alder
Tel. +46 706 660 779, henrik.flygar@alder.se
Arash Raisse, Partner at Alder
Tel. +46 725 006 255, arash.raisse@alder.se
About Alder
Alder is a Nordic investment fund with the goal of creating the best possible conditions for long-term development of sustainable technology and services companies. With a mix of industrial and financial expertise and with the interest in entrepreneurship as a driving force, Alder creates profitable growth in close cooperation with our companies. For more information, visit www.alder.se.
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