CataCap Management obtains license as alternative investment fund manager
Case News
CataCap Management has obtained its license as alternative investment fund manager (AIFM) from the Danish Financial Supervisory Authority. The license enables CataCap to manage alternative investment funds having more than 500 million EUR assets under management (AuM) and marketing its funds across Europe under the AIFMD passporting regime. Plesner has advised CataCap on obtaining its full AIFM license.
CataCap is a Danish fund manager managing private equity funds investing in equity or securities giving access to equity in small and medium-sized companies located in Denmark and adjacent markets.
CataCap is currently managing the two private equity funds, CataCap I and CataCap II with commitments from investors of approximately 3 billion DKK. CataCap has been registered with the Danish FSA as AIFM since 2014.
In connection with CataCap's contemplated establishment of its fund III, CataCap is expected to surpass the 500 million EUR threshold for assets under management, triggering a license as AIFM.