SG-based PE firm Elite Partners raising $50m Norway-focused fund

SG-based PE firm Elite Partners raising $50m Norway-focused fund

Photo: Reuters

Singapore-based private equity (PE) firm Elite Partners Capital is seeking to raise about $50 million for its debut non-realty vehicle that will invest in Norwegian growth companies, DealStreetAsia has learnt.

The firm on Monday announced an S$3-million ($2.2 million) investment in Norwegian cold chain management firm TAG Sensors, marking its first investment from the latest fund.

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