HELSINKI--(BUSINESS WIRE)--H.I.G. Capital (http://www.higcapital.com/), one of the leading global private equity investment firms with €17 billion of equity capital under management, acquired a retail portfolio in Norway. Trevian (http://www.trevian.fi/en/) is acting as a local asset management partner. The retail portfolio consists of 16 predominantly grocery store-anchored retail assets let to the two leading grocery retailers in the country.
“We are pleased that our co-operation and relationship with H.I.G. continues to grow and we had the possibility to enter to the Norwegian real estate investment markets together with them. After one successful year of co-operation in Finland, we are grateful for the continuation of trust towards Trevian”, says Reima Södervall, CEO of Trevian Asset Management Oy.
Trevian Asset Management is a Finnish investment and asset management company specializing in commercial properties. The company produces actively managed real estate equity funds and asset management services optimized for its customers with current assets under management of almost EUR 800 million. The services are focused especially for institutional real estate investors, banks and other professional investors. For more information, please visit www.trevian.fi/en.
H.I.G. Capital is a leading global private equity investment firm with more than EUR 17 billion of equity capital under management. Based in Miami, and with offices across the USA as well as international affiliate offices in Europe and South America, H.I.G. specializes in providing capital to small and medium sized companies with attractive growth potential. H.I.G. invests in management-led buyouts and recapitalizations of profitable and well managed manufacturing or service businesses. Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of EUR 22 billion. For more information, please visit www.higcapital.com.
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