European venture funds can now be established in Norway

The Norwegian venture capital association has been waiting for the rules to change for over five years.

Ellen Amalie Vold. | Photo: Norsk venturekapitalforening

From Aug 1., it will be possible to establish European venture funds in Norway. An EU directive has forced a change in the Alternative Investment Fund (AIF) law, which makes it possible to establish European venture funds (EuVECA), social entrepreneurship funds (EuSEF) and long-term funds (ELTIF) in Norway.

"We are very happy that this is being introduced. We have been waiting for the rules to change for over five years, and now it has happened a bit out of the blue. I was a bit surprised that something was being done now," says CEO of the Norwegian venture capital association Ellen Amalie Vold.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

After two years of preparation: Robur launches dark green prestige fund

Sweden's largest fund manager is launching a climate impact fund with Swedbank's insurance unit as anchor investor. "We've had some great interest from larger investors and are in close contact with several potential investors that have expressed an interest," the new fund's portfolio manager tells AMWatch.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch