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Folksam makes big investment in Swedish manager's new credit fund

The pensions and insurance group has strengthened its relationship with Swedish credit specialist.

Foksam head of investments Marcus Blomberg. | Photo: PR / Folksam

Stockholm-based pensions and insurance company Folksam has invested SEK 2.93bn (EUR 280m) in Swedish credit house P Capital Partners’ fifth credit fund entitled PCP V, Folksam announces in a company statement.

PCP V offers financing to companies in Northern Europe in need of liquidity to fuel expansion plans or in need capital to refinance their balance sheet. PCP was founded in 2002 and has over the last two decades invested in over 130 companies.

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