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SEB Private Equity Nordic Direct III

Added value through change

SEB Private Equity Nordic Direct III, managed by SEB’s fund company, capitalises on the attractive attributes of the Nordic market to deliver performance for investors. The fund is a proven lower mid-market strategy benefitting from favourable market dynamics and is operated by an experienced team backed by SEB’s extensive global and local network.

SEB Private Equity has a proactive approach to sourcing portfolio companies which has resulted in a high share of bilateral dialogues and investment opportunities. SEB Private Equity’s experience and approach to operational value creation has enabled SEB Private Equity to build purpose-driven organisations, and contributed to the funds’ ability to yield a consistent realised track-record. 

Sustainability is at the core of SEB Private Equity’s investment process. Each decision is carefully made to align with responsible growth and long-term impact. Discover how SEB Private Equity Nordic Direct III is unlocking opportunities and driving returns in one of the most dynamic regions globally.

Leveraging key drivers for performance

1. Favourable Nordic market dynamics

The Nordic market is attractive for lower mid-market investors.

2. Proven Nordic lower mid-market strategy

SEB Private Equity is deliberately positioned in the attractive Nordic lower mid-market space, targeting a size underserved by other investors.

3. Experienced team and SEB resources (global and local network)

Highly experienced investment team supported by a robust operational framework that drives value creation.

4. Proactive thematic sourcing

SEB Private Equity’s thematic sourcing structure results in a high share of bilateral dialogues and investment opportunities.

5. Track record

Realised returns underpinned by a proven operational approach to create value.

6. Operational value creation

Our experience and approach to value creation enables us to build purpose-driven future proof organisations.

7. Approach to sustainability

Sustainable value creation is at the core of our investment process and is focused to yield tangible results at point of exit.

SEB Private Equity Nordic Direct III in brief

  • Article 8-fund***
  • Open for professional investors only
  •  Lifetime: 10 years (+2+1+1 extension)
  • SEB Private Equity Nordic Direct III is a follow-up of the Nordic Direct I and II which has an aggregate realised 3.3x / 31% MOIC* / IRR**

Key figures - SEB Private Equity Nordic Direct strategy I and II

53
Investments in the Nordic Direct strategy including add-ons
30
M&A add-ons
16
Investments outside of Sweden
~28%
Median EBITDA CAGR (exited investments)
3.3x/31%
Realised MOIC* / IRR** gross
15/11/2024

Main investment focus areas

Sustainability

  • We seek to invest in companies that embed solving future sustainability challenges into their core business model. Firms focusing on sustainability now have the chance to lead in a future requiring more sustainable solutions, achieved through adapting current models or identifying new opportunities.
  • Our Article 8-fund*** aspires to establish a market-leading sustainability approach in private equity, fostering sustainability through active ownership and engagement.

Healthcare

In essence, we look for resilient and growing companies. Numerous underlying trends in healthcare are contributing to its growth, creating favorable conditions for long-term investments in the sector.

Trends are for example:

  • a growing and aging population
  • the need for more effective and accessible healthcare
  • increased healthcare expenditures
  • a more complex regulatory landscape

Technology

  • Increased importance of high cash flow generative businesses, preferably with subscription-based revenue models.

  • Technology further plays an instrumental role in transitioning society to achieve the set targets for the Paris Agreement and will be important to achieve equality through affordable products that level the economic playing field for people across the globe.

*) MOIC – Multiple on Invested Capital. A metric used to describe the value or performance of an investment relative to its initial cost. 

**) IRR – Internal Rate of Return. A metric indicating the annual return of an investment.

***) Article 8 according to the EU’s Sustainable Finance Disclosure Regulation, SFDR, means funds that promote environmental and social aspects.

Contact

For more information please contact:

 
Fredrik Algell

Institutional Sales
Asset Management

+46 8 763 58 72

fredrik.algell@seb.se