Verdane Freya XII is a Oslo-based buy-out fund managed by Verdane. €2.0bn reported at final close (source published September 2025).
Verdane calls itself a 'specialist growth buyout investment firm' and invests as 'a majority or minority control investor'; Freya XII plans a mix of majority buyouts and larger minority stakes in European growth leaders (tech-enabled businesses, digitalisation and decarbonisation).
Amounts come from the linked public source. A first close is not the final fund size, and a reported close does not confirm that the fund is investing now. Headquarters describe where the manager is based, not where it invests.