Jun
13

Billionaire-Backed Fidelio Is Looking for More After 900% Return

By
  • Firm’s return on sale of AniCura stake was more than 10-fold
  •  Fidelio has no time limit, no short-term return requirements

Swedish investment firm Fidelio Capital just scored a more than 10-fold return when it sold its stake in AniCura after seven years of careful nurturing of the animal hospitals and clinics provider.

Backed by funding from Katarina Martinson, the daughter of Swedish billionaire investor and Industrivarden AB Chairman Fredrik Lundberg, Fidelio makes investments with a longer-term outlook than traditional private equity firms, according to Founder and Chief Executive Officer Gabriel Fitzgerald. While private-equity firms typically have an investment horizon of 5-10 years, Fidelio has no time constraints…

Billionaire-Backed Fidelio Is Looking for More After 900% Return

Share
Categories : Finance, Private Equity

Leave a Reply

You must be logged in to post a comment.