13/08/2019at 13:41

SEB forced to liquidate PE fund in Luxembourg

A private equity fund in Luxembourg managed by Swedish financial group SEB has been forced to close down as it can no longer ensure risk diversification.

Photo: Bob Strong / Reuters / Ritzau Scanpix

by HELLA ANDERSEN

Swedish asset manager SEB is set to close its SEB Private Equity Opportunity Fund I after the Luxembourg regulator CSSF deemed the fund could not be prolonged.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

SEB to bolster product offering and staff to increase AUM
For subscribers
Prospera: SEB most reliable asset manager in the Nordics with peers chasing after
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Hilde Jenssen, head of fundamental equities at Nordea Asset Management. | Foto: Nordea

Fund Management

Nordea AM snaps up Asian Financial stocks during global rout

When half a trillion is wiped off in market cap value globally in financials, it’s hard to not find something that’s interesting, says Hilde Jenssen, Nordea’s head of fundamental equities.

For subscribers

Poul Kobberup, chief investment officer at Danica, has faith the central banks' handling of the banking crisis. | Foto: Pr/danica

AMNews

Danica CIO on financial unrest: "It's a manageable situation"

For subscribers

Åsa Wallenberg, CEO of Storebrand Fonder, says that winning “in this market climate shows our strength within different asset classes and investment strategies”. | Foto: Storebrand Fonder / Pr

AMNews

Storebrand Fonder named best fund manager in Sweden

For subscribers

Foto: Pr/norges Bank Investment Management

AMNews

Norwegian oil fund tightens demands for companies

Fund Management

Nykredit risks losing DKK billions when secret SparInvest agreement expires

For subscribers

Lars-Åke Norling, CEO of Nordnet. | Foto: Nordnet PR.

AMNews

Nordnet reports strong growth in green investments - lists competitors as risk

For subscribers

Nordea AM snaps up Asian Financial stocks during global rout

When half a trillion is wiped off in market cap value globally in financials, it’s hard to not find something that’s interesting, says Hilde Jenssen, Nordea’s head of fundamental equities.

For subscribers

Fund Management

Nykredit risks losing DKK billions when secret SparInvest agreement expires

The expiration date of a secret SparInvest deal next year might make Nykredit’s assets under management dive by up to DKK 40bn (EUR 5.37bn) in a relatively short amount of time.

For subscribers

AMNews

Danica CIO on financial unrest: "It's a manageable situation"

The central banks have the tools to manage the current banking problems, according to Danica CIO.

For subscribers

SEB forced to liquidate PE fund in Luxembourg

Read the whole article

With your free trial you get:

Get full access for you and your coworkers

Related articles:

SEB to bolster product offering and staff to increase AUM

Prospera: SEB most reliable asset manager in the Nordics with peers chasing after

Sign up for our newsletter

Front page now

Nordea AM snaps up Asian Financial stocks during global rout

Danica CIO on financial unrest: "It's a manageable situation"

Storebrand Fonder named best fund manager in Sweden

Norwegian oil fund tightens demands for companies

Nykredit risks losing DKK billions when secret SparInvest agreement expires

Nordnet reports strong growth in green investments - lists competitors as risk

Further reading

Nordea AM snaps up Asian Financial stocks during global rout

Nykredit risks losing DKK billions when secret SparInvest agreement expires

Danica CIO on financial unrest: "It's a manageable situation"