References/26 Mar 2021

Borenius advised Armada Credit Partners on the formation of Armada Fund V, a EUR 210 million fund

We represented Armada as it raised its fifth fund, Armada Fund V. By its final closing, exceeding its original target size, the fund has raised EUR 210 million of commitments from a diverse base of European institutional investors, including private and public pension funds, insurance companies, fund-of-funds, government agencies and institutions.

The Fund makes tailor-made debt and equity investments of EUR 5-30 million in growing and profitable businesses in Northern Europe. It has already made seven initial investments.

Founded in 2000 and based in Stockholm and Helsinki, Armada Credit Partners is a growth oriented private debt and equity investor investing in Northern European small and medium sized businesses.

Share on LinkedInTweet about this on TwitterShare on Facebook

Service areas


Paulus Hidén



Henri Ruotsalainen