Axcel has announced the first closing of its new fund, Axcel V, with support from existing as well as new investors committing EUR 352 million corresponding to 65% of the fund’s Target of EUR 500 million.

Axcel Content

Axcel V will, similar to Axcel IV, mainly invest in leading mid-market companies in Denmark, Sweden and the rest of the Nordic Region aiding them with strategically important matters such as implementing growth strategies, international development or expanding their core business.

Bruun & Hjejle acted as Danish legal counsel to Axcel V, including tax and regulatory advise. In structuring and advising on the structure, compliance and terms for Axcel V, Bruun & Hjejle has built on its extensive experience regarding fund formation.

Bruun & Hjejle’s fund formation practice includes a team of 11 professionals with market leading knowledge of alternative investment structures and related tax and regulatory aspects and a first class network of advisors in relevant jurisdictions.