Investment Banking
Oversubscribed Fundraising for MVI Fund III
June 05, 2025
Oppenheimer’s Global Fund Placement & Advisory Group (“FPA Group”) is pleased to have partnered with MVI Advisors (“MVI”) as their exclusive global fundraising advisor on the successful raise of MVI Fund III (“Fund III”).
Fund III was oversubscribed at its hard cap of SEK 2 billion after just five months of fundraising - an approximately 84% increase in size compared to its predecessor - despite a challenging fundraising environment.
Headquartered in Stockholm, MVI is a private equity firm focused on value-oriented control investments in founder-led, mission-critical, asset-light Nordic companies with strong buy-and-build potential. Since 2011, under the leadership of Stefan Karlsson and Daniel Nilsson, MVI has raised three institutional funds and completed 19 platform investments, including five prior to raising Fund I.
The FPA Group supported MVI in broadening its investor base, securing commitments from a diverse mix of new blue-chip institutional investors across Europe and the United States. The fund also received strong renewed support from existing investors, including local family offices and entrepreneurs - underscoring their continued confidence in MVI and its strategy.
Stefan Karlsson (Partner and Founder) said: “We are pleased to have garnered such strong interest in the Fund over a relatively short period of time. For our third fund we will continue to apply our refined strategy to the Nordic setting, capitalizing on success stories and learnings from Fund I and II.”
Daniel Nilsson (Partner and Founder) added: “We want to thank our loyal investor base while expressing a warm welcome to all new Limited Partners. The success of prior funds resides in a strong growth focus throughout the portfolio, creating the next generation of Nordic companies. For Fund III, we will continue employing this strategy as we strive to build upon our successful legacy.”
“It has been a pleasure working with the MVI team. We are particularly pleased to see the fund raised with such speed and efficiency, especially in today’s challenging fundraising environment – a clear reflection of the investors’ strong confidence in MVI.”
Tanya McHale (Co-head of Oppenheimer & Co Inc.’s Global Fund Placement & Advisory Group)The significant increase in commitments and speed of fundraising are testament to MVI’s differentiated strategy and history of delivering strong returns to its investors. Through 2024, MVI showcased its all-weather strategy by completing one platform investment, 20 add-on investments, and two exits.
Fund III has already completed its first platform investment, creating a Nordic environmental and sustainability platform through the partnership with Ametalis and the acquisitions of Envima, Westberg Vibrations- och Omgivningskontroll, and Natur og Samfunn.
Name:
Tanya McHale
Title:Managing Director, Co-Head of Global Fund Placement and Advisory Group
Name:
Charles Buisseret
Title:Managing Director, Co-Head of Global Fund Placement and Advisory Group
Name:
Andrew Roberts
Title:Managing Director
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