ATP's new investment arm far from reaching target
When ATP launched Langsigtet Dansk Kapital in 2021, the aim was to invest up to DKK 6bn (EUR 806.7m) in unlisted Danish firms over the course of three years. However, at the halfway point, ATP has only invested DKK 1.1bn (EUR 147.9m) through the new investment arm, Insidebusiness reports.
”It is too early to say whether we will manage to invest DKK 6bn in three years. We are in dialog with many interested companies, and the most important thing is we make the right investments,” writes Anja Bach Eriksson, head of ATP Langsigtet Dansk Kapital, in a response to the media.
So far, the fund has invested in two firms: Veo, which develops camera equipment for use in sports, and Ferrosan Medical Services, which produces medical equipment.
When the fund was launched in 2021, the CEO at the time, Bo Foged, said that ATP would target profitable companies with over DKK 250m (EUR 33.6m) in revenue.
(This article was provided by our Danish sister media, FinansWatch.dk)
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