31 December 2016
Gernandt & Danielsson advises Baltic Horizon Fund in connection with a secondary listing on the Nasdaq Stockholm
Gernandt & Danielsson advises Baltic Horizon Fund in connection with the secondary listing of the fund units on the Nasdaq Stockholm. The fund is the first alternative investment fund (AIF) to be listed on Nasdaq Stockholm's new list for alternative investment funds (AIFM market). The Fund has a primary listing on the Nasdaq Tallinn and a total of 57,264,743 fund units are now listed on NASDAQ, Stockholm and NASDAQ Tallinn.
Baltic Horizon Fund is a real estate fund with a focus on centrally located commercial properties in the capitals of the Baltic countries. The Fund invests in properties with long leases, often with Nordic corporate tenants. Baltic Horizon Fund was listed on the Nasdaq Tallinn July 6, 2016 and on December 23, 2016 the fund was secondary listed on Nasdaq Stockholm. Baltic Horizon Fund has assets of over EUR 76 million and is managed by Northern Horizon Capital AS.
Gernandt & Danielsson advised Baltic Horizon Fund with a team consisting of Partner Nils Unckel and Associates Maria Klaesson and Katarina Odelberg. Catella has acted as the financial advisor and Sorainen law firm has acted as the Estonian legal advisor.