Maj Targets Andes Nations With $100 Million Micro Finance Fund
- Danish asset manager to boost private equity acquisitions
- Maj says it’s targeting mature financial institutions
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Maj Invest, a Danish asset manager with $8 billion in assets, is looking to boost acquisitions in the micro finance industry in the Andean region.
The Copenhagen-based asset manager is in the process of raising capital to grow the size of its Maj Invest Financial Inclusion Fund II to $100 million by June from $75 million now, according to Kasper Svarrer, who oversees Maj’s private-equity business in emerging markets.