Niam, a Nordic real estate private equity firm, has completed the final close for its seventh real estate fund, Niam Nordic VII. With a total of £1.02bn in equity commitments, it is the largest private real estate fund in the Nordics.
The investors are a mixture of public and corporate pension funds, sovereign wealth funds, endowments, foundations, family offices, insurance companies, fund of funds and financial institutions from around the world.
Fredrik Jonsson, CEO of Niam commented: “We are extremely thankful to our investors who continue to support us and also to the new investors who have chosen us as their Nordic partner. We exceeded our target by over 35% and are confident with the opportunities in the Nordic market.”
Niam Nordic VII can invest in all property types in the Nordic countries.
Niam worked closely with International Law Firm, Osborne Clarke, to raise Niam VII.