Aztec Group, the C.I.-based administrator, has supported Nordic Capital with the fundraising activities and final close of Nordic Capital Fund X. Raising EUR6.1bn (USD7.2bn) at final close, Fund X is the largest fund that Nordic Capital has raised. The fund, launched in April 2020, was oversubscribed at its hard cap, and was raised in less than six months in a ground-breaking remote capital raise without holding any face-to-face meetings. Aztec will provide ongoing administration, financial reporting, depositary and investor services to the fund from its offices in Jersey, Luxembourg and the UK.
