Outside Capital Gives Nordic Capital Some Liquidity in Trustly Investment

Posted on 06/10/2020

Trustly is a Swedish online payments business that was acquired in 2018 by Nordic Capital. BlackRock Private Equity Partners, Aberdeen Standard Investments, Neuberger Berman, Investment Corporation of Dubai, and South Carolina Retirement System Investment Commission are becoming minority shareholders in Nordic Capital-owned Trustly. Nordic Capital remains the majority shareholder in Trustly.

Advisors

Citigroup Global Markets Limited acted as financial advisor in connection with the transaction.

Keywords: South Carolina Retirement Systems.

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