Niam, the Nordic real estate private equity firm completed the final close for its sixth opportunistic property fund, Niam Nordic VI, with €800m in total equity commitments.
The investors are a mixture of global public and corporate pension funds, sovereign wealth funds, endowments, family offices, insurance companies, fund of funds and financial institutions. “We originally had a hard cap at €750 million but increased it to €800 million so that a few more of our existing investors would be able to participate. Even though the demand for Niam VI was high, we wanted to make sure that we would have a fund which is an appropriate size for the current market environment in the Nordics,” says Johan Bergman, CEO of Niam.
Niam VI can invest in all property types in the Nordic countries.
Source: Niam
