Jera Capital offers

flexible private equity

investment solutions

Who is Jera Capital?

Industry veterans offering instant and flexible private equity exposure to investors

Jera Capital was created by a group of private equity veterans who left a large Nordic asset manager in order to create an innovative investment platform that offers immediate private equity exposure and improved liquidity to investors who typically face high hurdles accessing the asset class

Jera Capital is headquartered in Copenhagen, Denmark, with the Jera DAPE® structure operating out of Luxembourg

The team is backed by well recognized institutional and private investors and works with industry-leading partners, such as private equity fund managers, legal advisors, fund auditors, administrators and other service providers

What is private equity?

The private alternative to stocks

Private equity refers to investment in the equity capital of well-established companies that are not listed on a stock exchange. Private equity firms raise funds from investors to acquire and own such companies for a number of years. Typically, a private equity fund is raised ahead of acquiring any company and has a lifetime of 10 years. During ownership, private equity firms design and implement value creation strategies to grow and improve the operations of each portfolio company before seeking to sell or list it on a stock exchange. Private equity funds usually own several portfolio companies at the same time, providing diversification to their investors

Why private equity?

It's all about value creation

Private equity firms are led by investment professionals with significant experience in creating value through the acquisition and development of private companies. The firms typically acquire a stake large enough to ensure sufficient influence on the company and be able to drive change within the company

Given the extended holding period, private equity funds are able to design and implement growth strategies for their portfolio companies and create value for their own investors over several years, allowing a typically more patient approach than in the listed markets

What is a private equity secondary transaction?

The exchange of ownership in private equity assets

In a private equity secondary transaction, an investor acquires interests in one or several companies from the incumbent investor who is seeking early liquidity

The secondary investor is able to diligence and price the assets prior to the acquisition, benefits from a shorter holding period and can build a diversified portfolio through a limited number of transactions. Investors making primary commitments to new funds typically do not enjoy these features

Why Jera Capital?

Immediate exposure and improved liquidity for investors who typically face high hurdles in accessing the asset class

The professionals of Jera Capital have together over 45 years of experience in the private equity market and draw on this experience to create value for their investors through private equity secondary transactions

The investment fund developed by Jera Capital (Jera DAPE®) recognizes that the private equity asset class comprises many barriers to entry for non-institutional investors and aims to align access to the private equity asset class with the lifecycle of individuals

Jera Capital has developed an investment strategy that is focused on Responsible Growth and seeks to align financial performance with the UN Principles for Responsible Investment

Through this strategy, investors will gain access to a diversified portfolio of Responsible Growth companies across North America and Western Europe, sectors and business models

What is the Jera Capital team’s experience?

Specialized expertise and long track record

The professionals of Jera Capital have been active in the private equity secondary market since 2006 and have collectively invested or advised on over 100 private equity transactions, representing a total value in excess of EUR 10bn. Over the years, the team has developed a deep network of relationships and a proven origination model, on which it draws to originate or diligence new transactions. The team has developed a reliable investment process that incorporates comprehensive financial models, analytics tools and sensitivity analyses to ensure a consistently robust underwriting of each transaction

What is an evergreen fund?

An evergreen fund offers improved flexibility for investors

In comparison to closed-ended funds, open-ended (“evergreen”) funds do not have a termination date and can accept new investors continuously (usually monthly)

Capital is invested in such funds based on a subscription (i.e. the investor invests the full amount at the time of subscription) and investors can redeem their investments in the fund on an ongoing basis (following a lock-up period)

In such structures, investors typically enter and exit the fund at the net asset value prevailing at the time of subscription/redemption and gain access to a diversified exposure to private markets upon investment

See more information in "News and publications"

When do I invest in Jera DAPE®?

The fund is open

The Jera DAPE® fund is an open-ended fund where new investors can buy shares monthly at the prevailing share price

How do I redeem from Jera DAPE®?

Monthly redemption possible after 3 years

The Jera DAPE® fund is an accumulating fund (no distributions to investors), but after a 3-year lock-up period, investors have the option to redeem part or all of their investment each month (conditions may apply - please refer to the fund's legal documentation)