Finance

Baltic Horizon Fund Successfully Concludes Private Placement Round

Published September 17, 2024

Northern Horizon Capital AS, the management company overseeing the Baltic Horizon Fund, has successfully completed a private placement initiative, raising a significant sum of EUR 6.29 million. This fundraising effort was principally directed at institutional investors located in selected European countries, fortifying the position of the fund in the investment market.

Focused Investment Attraction

The execution of the private placement follows the resolution passed by the general meeting of the fund's investors. It demonstrates a strategic approach aimed at engaging a specific investor base. The success of this private placement is indicative of sustained confidence in the Baltic Horizon Fund's performance and potential.

Strategic Growth and Expansion

The capital injection through this private placement is poised to facilitate the fund's strategic growth objectives. The raised capital may be allocated towards expanding the fund’s portfolio across its core markets or enhancing existing assets to maximize value for unit holders.

investment, fund, capital