We have assisted Aeternum Management with the establishment of an alternative investment fund
Wikborg Rein has assisted Aeternum Management AS (the AIFM) with the establishment of Aeternum Capital AS (the Fund). The management of the Fund will be led by the recognised Vegard Søraunet as CEO and CIO.
The Fund is a long only equity fund, focusing mainly on equity and equity related investments in European small- and mid-cap companies. The Fund has a hybrid strategy of combining listed and unlisted equities in a concentrated and active portfolio consisting of both value and quality holdings. The Fund will only be available for professional and institutional investors with a long term perspective compatible with the investment strategy of the Fund. The investment horizon of the Fund is eternal, hence the name.
The Fund has already made its first investments, among those the acquisition of rights to shares in ITAB Shop Concept AB, in which Wikborg Rein assisted as well.