Head of Polaris' new flexible credit fund: "The gap in the market was big when we started, but it is even bigger now"
Polaris Flexible Capital hasn’t achieved its goal of raising DKK 1bn for its private credit fund, but has recently raised its return expectations. ”Historically, this has generated good returns, but in the future, these will be even better,” says Jesper Langmack, who heads up the fund.
by ole andersen, translated by catherine brett
Over the summer, Danish private equity firm Polaris increased its return expectations to 10-13% for its Flexible Capital fund. It also reduced the minimum investment amount to DKK 750,000 (EUR 100,000) though a feeder fund offered by wealth manager Petersen & Partners.
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