Polaris Closes Fifth Fund at €650 Million Hard Cap
Polaris Private Equity is pleased to announce the closing of Polaris Private Equity V K/S on 31 January 2022. The Fund was oversubscribed and closed at its hard cap of €650 million, exceeding its target of €550 million. Including team commitments, the Fund totals €690 million (5.135 Billion DKK).
Fund V is the largest in Polaris’ history, solidifying the firm’s strategic growth whilst maintaining its investment specialization as a Nordic mid-market expert. Thanks to substantial deal flow over the course of 2021, Fund V is currently 27% deployed, having completed five platform investments in Contour Design, Stronger, North, Sinful and Gertsen & Olufsen.