Rabo Capital, the buy-out arm of Rabobank, is spinning out of Rabobank and will continue its activities under the name of Nordian Capital Partners (“Nordian”). This transaction has been led by Rabobank and CommonWealth Investments and comprises of the current private equity portfolio of Rabo Capital (Nordian Fund I) and a new EUR 300 million private equity fund (Nordian Fund II), focusing on the Dutch mid-market.
Next to Rabobank and Commonwealth Investments, PGGM Asset Management and the Nordian team will join as investors in both funds. Following this transaction, Nordian gains access to a vast network of financial institutions and entrepreneurs.
It is Nordian’s ambitions to further extend its strong position in the mid-market private equity sector in the Netherlands. Its strategy will remain practically unchanged:
- Nordian focuses on acquiring majority stakes in profitable Dutch companies, which demonstrate sustainable growth, have a proven track record and realise an operating profit of at least EUR 3 million.
- Nordian is a generic investor, but has a strong affinity with a few sectors, including Food, Health and Services.
Please contact Joost Verbeek, Perry Bos or Patrick Groeneveld of Nordian Capital Partners for further information.
Nordian Capital Partners Tel: +31 (0)20 7518550
New office address (as of 1 September 2014):
Amstel building, 9th floor
Prins Bernhardplein 200
1097 JB AMSTERDAM
About Rabobank (www.rabobank.com)
Rabobank Group is a Netherlands based, international financial services provider operating on the basis of cooperative principles with a predominant focus on providing all finance services in the domestic market. Internationally the Group’s focus is on food and agriculture. In line with its cooperative roots, Rabobank Group is a cooperative bank, comprised of independent local Rabobanks, plus their central organisation Rabobank Nederland and its (international) subsidiaries. In terms of Tier I capital, the organisation is among the top 30 largest financial institutions in the world.
About Commonwealth Investments (www.commonwealth.nl)
CommonWealth Investments is a multi-client family office. It provides a number of services to high net worth families regarding private equity investments, corporate finance, asset allocation and estate planning. Over the past, it advised clients on direct investments in private companies, as well as investments in private equity funds and high yield bonds.
About PGGM (www.pggm.nl)
PGGM, a cooperative organisation, offers the following services to institutional clients: asset management, pension management and executive advisory services. At June 1st 2014, PGGM managed on behalf of several pension funds a total capital of EUR 167 billion. As a cooperative organisation, PGGM assists its approximately 670.000 members in realising a valuable future. In addition, PGGM develops – on its own or together with strategic partners – innovative solutions by combining facilities on pensions, healthcare, work and living.