2023 in review
After our Annual General Meetings in May, an opportunity to reflect on the past year, we feel like celebrating the results we helped facilitate for our investors in 2023 and the progress of Advantage.
The details
Here are a few facts that we are particularly proud of:
- Advantage currently manages 25 funds on behalf of over +650 European investors
- All funds made a profit in 2023 (except two due to early J-curve effects), despite it being a difficult year in private markets
- Earnings amounted to USD 53.7 million, an increase of 162% compared to 2022
- Our clubs help institutional investors save USD +9 million in management fees annually
- The fund managers in our PE programs created combined average returns of 12% in 2023
- And for our infrastructure fund managers this number was 13%
And 2024 seems to continue the positive trajectory. A big thank you to our club members and investors, our fabulous colleagues, and other collaboration partners. We look forward to continuing the journey. Have a great summer.
We are happy to announce that the final closing of our fourth Private Equity program took place in mid-August 2024.
On February 28, DIF VII and CIF III reached their final closing. By collaborating, members of the Nordic Investment Club achieved favorable terms such as substantial size-related discounts on fees, preferred co-investment terms, LPAC representation, as well as other benefits reserved for large investors.
Today, five highly experienced professionals formed Advantage's new board of directors;
ADVANTAGE Investment Partners is pleased to announce that Trine Bisgaard Lisberg has joined the team as COO.