Scandinavian Private Equity, to float private equity investments

In January, Scandinavian Private Equity A/S (SPEAS) will apply for listing on the OMX/Copenhagen Stock Exchange and expects to raise around DKK 1bn for investment in private equity funds. SPEAS will become the first Danish listed company to offer a wide group of investors access to invest in private equity funds. SPEAS focuses on funds operating in the Nordic countries where, historically, highly attractive returns have been generated. SPEAS was created at the joint initiative of Amagerbanken, Jyske Bank, Nykredit, Spar Nord and Sydbank.