On November 17, 2010, European private equity fund of funds manager Access Capital Partners Group SA announced it will acquire Finland-based Pohjola Private Equity Funds Ltd.
It was announced on November 17, 2010 that Access Capital Partners Group SA is to acquire 100% of the shares of Finland-based Pohjola Private Equity Funds Ltd (PPEF), and will enter a strategic distribution partnership with Pohjola Asset Management in Nordic countries. Pohjola Bank Plc will acquire 40% of Access Capital Partners Group SA from CapMan Plc and the Access Managing Partners. The combined entities will manage aggregate fund of funds and mandates of around €4.5 billion under the Access brand. PPEF will be integrated into the overall Access team and operate out of Access’ Helsinki office.
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