Danish investment company J. Lauritzen is continuing its partnership with Danish private equity firm Dee4 Capital as investors in Fund II.
As Dee4 Capital Partners announced on March 20 in its website “two major investors in Fund II, S41 ApS and J.Lauritzen A/S, both of whom have been highly supportive of Dee4 since the outset, have acquired minority stakes of 10.1% each in the management company, Dee4 Capital Partners ApS (Dee4).”
This follows the sale of Marubeni’s 25% shareholding at the end of 2023 and results in the executive management team owning a total of 79.8% of Dee4.
Meanwhile, Dee4 Capital Partners announced the first closing of Dee4 Capital Fund II K/S.
Fund II is first-closed with commitments of $92m from 18 external investors and the Dee4 executive management team.
As it is reported by Dee4 Capital, “any subsequent closings of Fund II will take place before March 2025.”
J. Lauritzen in a short post in LinkedIn said: “We are happy to announce our continued partnership with Dee4 Capital as investors in Fund II, building on our successful involvement in Fund I.
“Led by Carsten Mortensen and his team, Dee4 Capital Fund II marks another milestone in our shared journey of strategic collaboration and value creation in maritime investments, with the added benefit of also building the maritime industry activity in Denmark.”
“We are also excited to become partners with the management team through our investment in the management company Dee4 Capital Partners,” J. Lauritzen added.
Source: Dee4 Capital Partners, J. Lauritzen.
