Maj Invest CEO puts own money into new Nordic venture fund

Jeppe Christiansen, CEO, founder and co-owner of the Danish asset management and private equity firm Maj Invest, is investing ­ alongside others ­ DKK 150 million (EUR 20 million) in Nordic Eye, a new venture fund, according to Danish business paper Børsen.
Jeppe Christiansen, CEO, co-owner and founder of asset manager Maj Invest.
Jeppe Christiansen, CEO, co-owner and founder of asset manager Maj Invest.

A new Danish venture fund, founded by wealthy entrepreneurs Peter Warnøe and Lars Tvede, has now raised DKK 150 million (EUR 20 million) from a number of affluent Danes, according to Danish business daily Børsen. Among them is Jeppe Christiansen, the CEO of Maj Invest, who has put an unknown sum in the fund

The venture capital fund, which was set up a year and a half ago, is called Nordic Eye and already had DKK 110 million in commitments. Among the investors are Lego heir Anders Kirk Johansen and Carsten Dilling, former CEO of Danish telecom TDC and the current chairman of SAS.

The venture fund's plan is to grow its assets to DKK 1 billion before the end of the year and get several large Danish pension funds on board, writes Børsen.

Peter Warnøe, CEO of Nordic Eye, tells Børsen that Christiansen's name will be influential in raising capital from pension funds.

"Listen ­ his is the best name you can find in Denmark. He is on Novo Nordisk's board of directors as well as Kirkbi's (Lego's holding and investment company). He has a great profile," he says.

English edit: Daniel Frank Christensen.

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