Private equity fund administrator Langham Hall has been appointed as the Guernsey administrator to Cubera VI, a secondary fund focusing on purchasing LP shares in Nordic buy-out funds.
The advisor to the fund is Cubera Private Equity AS a Nordic investment firm specialising in secondary transactions in the Nordic private equity market. Since inception in 2006, Cubera Private Equity has established six private equity structures.
Cubera Private Equity represents the most comprehensive team set up for secondary transactions in Nordic private equity. The professionals have more than 60 years of combined private equity experience and been responsible for more than 40 secondary transactions, 57 primary fund investments, 100 direct investments and 50 exits
Axel Hovo Daasvand says: “Having completed first close in our first Guernsey based fund, I applaud the way Langham Hall has assisted us throughout the process of documentation and registration of the fund. I look forward to working with them throughout the life of our fund.”
Mark Coppin (pictured), Head of Private Equity at Langham Hall says: " We are delighted to have been appointed Administrator to Cubera Private Equity’s new fund and to increase our presence in the Nordic region, which we believe is an important geography for both private equity and real estate. We look forward to working closely with Axel and all of the team at Cubera".