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Our funds

PCP’s investment operations are carried out by P Capital Partners AB which is the manager of the PCP funds. The investments are made in the PCP funds which in turn have raised capital by issuing debenture notes to external investors.

PCP I

PCP I was raised in 2009 and had a committed capital of EUR 216 million.

PCP I had approximately 25 investors including Proventus AB, the Fourth Swedish National Pension Fund (AP4), Folksam, Länsförsäkringar, SEB’s and Vattenfall’s pension funds, the Swedish Foundation for Strategic Research, Sophiahemmet, the Swedish Union of Tenants and the Einar Mattsson Group, as well as a number of qualified private investors.

Focusing on financing to Nordic companies in need of capital for expansion, acquisitions, restructuring and refinancing as well as investments in public high-yield bonds, and the first institutional fund managed by Proventus Capital Management AB, the fund was fully invested in the second quarter 2011.

Its nineteenth and final loan investment was repaid in full in the third quarter 2015. As a consequence, the final amount outstanding under the participation loan debentures was repaid and the debentures were de-listed from the Debt Securities segment of Nordic Growth Market NGM in Stockholm in October 2015.

PCP I had approximately 25 investors including Proventus AB, the Fourth Swedish National Pension Fund (AP4), Folksam, Länsförsäkringar, SEB’s and Vattenfall’s pension funds, the Swedish Foundation for Strategic Research, Sophiahemmet, the Swedish Union of Tenants and the Einar Mattsson Group, as well as a number of qualified private investors.

PCP II

PCP II was raised in 2011 and had capital commitments of SEK 5.3 billion from Proventus AB, the Fourth Swedish National Pension Fund (AP4), Swedish insurance company Folksam and an additional number of institutions as well as qualified individuals.

Focusing on financing to companies in Northern Europe in need of capital for expansion, acquisitions, restructuring and refinancing as well as investments in public high-yield bonds, and with a portfolio of 26 investments in total, Proventus Capital Partners II was fully invested in 2014.

The PCP II participation loan debentures are issued by P Capital Partners II AB (publ) and listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The number of debentureholders amounts to approximately 30.

Its final loan investment was repaid in full in 2020. As a consequence, the final amount outstanding under the participation loan debentures was repaid and the debentures were de-listed from the Debt Securities segment of Nordic Growth Market NGM in Stockholm.

The Terms and Conditions does not constitute an offer to sell or a solicitation of an offer to buy the Debentures and no person is authorized to give any information or make any representation not contained in the Terms and Conditions in connection with the Debentures and, if given or made, such information or representation must not be relied upon as having been authorized.

This web page and the enclosed Terms and Conditions has not and will not be distributed in any jurisdiction other than Sweden where such distribution is restricted by law or regulation, or requires further measures by the Issuer. Persons who come into possession of the Terms and Conditions are required to inform themselves about, and to observe, such restrictions. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not subject to U.S. tax law requirements. Subject to certain exemptions, the Debentures may not be offered, sold or delivered within the United States of America or to, or for the account or benefit of, U.S. persons, or within any other jurisdiction where distribution or publication of the Terms and Conditions is in violation of applicable laws or requires additional prospectuses, registration or other measures than those applying by Swedish law.

In the case of any differences between the printed documents and the electronic documents provided on this web site, the printed versions will have precedence. Disputes regarding the Debentures, the contents of the Terms and Conditions and legal circumstances associated with them shall be resolved exclusively by a Swedish court by application of Swedish law with the Stockholm District Court as the first instance.

By downloading the material on this website you certify that you are aware of the above and are not resident in any jurisdiction where distribution of the Terms and Conditions is not in compliance with legal rules and regulations in the country in question.

2020

 

July 29, 2020
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP  II AB

2019

 

October 7, 2019
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners offentliggör substansvärde för PCP II AB

2018

 

2017

 

April 28, 2017
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB

2016

 

2015

 

July 7, 2015
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB
April 29, 2015
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB
April 14, 2015
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
April 9, 2015
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB
January 9, 2015
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB

2014

 

December 10, 2014
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
October 7, 2014
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB
August 29, 2014
P Capital Partners II AB semi-annual report 2014
P Capital Partners II AB delårsrapport 2014
July 7, 2014
P Capital Partners AB announces NAV of PCP II AB
P Capita Partners AB offentliggör substansvärde för PCP II AB
June 12, 2014
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
April 7, 2014
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB
March 28, 2014
P Capital Partners II AB (publ) annual report 2013
P Capital Partners II AB (publ) årsredovisning 2013
March 13, 2014
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
January 22, 2014
P Capital Partners II AB (publ) issues new debetures
P Capital Partners II AB (publ) emitterar kapitalandelslån
January 9, 2014
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB

2013

 

December 20, 2013
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
October 15, 2013
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
October 7, 2013
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB
August 30, 2013
P Capital Partners II AB interim report January-June 2013
P Capital Partners II delårsrapport för januari-juni 2013
July 31, 2013
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
July 5, 2013
P Capital Partners II AB announces NAV for PCP II AB
June 25, 2013
P Capital Partners II AB issues new debentures
P Capital Partners II AB emitterar kapitalandelslån
July 6, 2013
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB
April 8, 2013
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB
March 27, 2013
P Capital Partners II AB issues new debentures
P Capital Partners II AB emitterar kapitalandelslån
February 26, 2013
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
January 8, 2013
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB

2012

 

September 5, 2012
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB
August 30, 2012
P Capital Parners II AB interim report January-June
2012
P Capital Partners II AB delårsrapport för januari-juni 2012
June 21, 2012
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
March 10, 2012
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB
February 23, 2012
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
January 9, 2012
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB

 

2020

2019

2018

2017

2016

2015

PCP II AB Annual Report 2015 (swe)
PCP II B AB Annual Report 2015 (swe)

2014

PCP II AB Annual Report 2014 (swe)
PCP II AB semi-annual report 2014 (swe)
PCP II B AB semi-annual report 2014 (swe)

2013

PCP II AB Annual Report 2013 (swe)
PCP II AB Interim Report 2013 (swe)

2012

PCP II Annual Report 2011 (swe)
PCP II semi-annual report 2012 (swe)
PCP III

PCP III was raised in 2014 and has a committed capital of SEK 12.1 billion. The investment period ended in December 2018.

PCP III continues the debt investment strategy successfully executed by Proventus since 2002, focusing on financing to companies in Northern Europe in need of capital for expansion, acquisitions, restructuring and refinancing as well as investments in public high-yield bonds.

Investors in PCP III include public and corporate pension funds, insurance companies, foundations, endowments and family offices with approximately one third of the capital raised outside the Nordics. Proventus AB is one of the largest investors in the fund.

The PCP III series A1 participation loan debentures and series B participation loan debentures are issued by P Capital Partners III AB (publ) and listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The number of debentureholders amounts to approximately 50.

The Terms and Conditions does not constitute an offer to sell or a solicitation of an offer to buy the Debentures and no person is authorized to give any information or make any representation not contained in the Terms and Conditions in connection with the Debentures and, if given or made, such information or representation must not be relied upon as having been authorized.

This web page and the enclosed Terms and Conditions has not and will not be distributed in any jurisdiction other than Sweden where such distribution is restricted by law or regulation, or requires further measures by the Issuer. Persons who come into possession of the Terms and Conditions are required to inform themselves about, and to observe, such restrictions. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not subject to U.S. tax law requirements. Subject to certain exemptions, the Debentures may not be offered, sold or delivered within the United States of America or to, or for the account or benefit of, U.S. persons, or within any other jurisdiction where distribution or publication of the Terms and Conditions is in violation of applicable laws or requires additional prospectuses, registration or other measures than those applying by Swedish law.

In the case of any differences between the printed documents and the electronic documents provided on this web site, the printed versions will have precedence. Disputes regarding the Debentures, the contents of the Terms and Conditions and legal circumstances associated with them shall be resolved exclusively by a Swedish court by application of Swedish law with the Stockholm District Court as the first instance.

By downloading the material on this website you certify that you are aware of the above and are not resident in any jurisdiction where distribution of the Terms and Conditions is not in compliance with legal rules and regulations in the country in question. By clicking below, you confirm that you accept the above.

2021

2020

October 7, 2020
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB

2019

2018

2017

2016

November 11, 2016
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB
October 7, 2016
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB

2015

August 25, 2015
P Capital Partners III AB (publ) issues new debentures
P Capital Partners III AB (publ) emitterar kapitalandelslån
July 7, 2015
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB
April 9, 2015
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB
March 23, 2015
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB
March 18, 2015
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB
March 4, 2015
P Capital Partners III AB (publ) issues new debentures
P Capital Partners III AB (publ) emitterar kapitalandelslån

Proventus Capital Partners III AB (publ), a subsidiary of P Capital Partners AB, has issued participation loan debentures which are listed on the NDX segment of the Nordic Growth Market NGM. The debentures were issued in two series, A1 and B.The issue price for all debentures was equal to the nominal amount. All net cash inflows is distributed to debenture holders on the tenth business day following 31 December, 31 March, 31 June and 30 September.

Subject to the terms of the debentures, the quarterly payment may also contain partial repayment of the nominal amount to the extent any investments have been divested or repaid during the preceding quarter. Distribution of the Prospectus is subject to legal restrictions in certain judicial systems. To gain access to the full Prospectus, the conditions below must be accepted.

The Prospectus does not constitute an offer to sell or a solicitation of an offer to buy the Debentures and no person is authorized to give any information or make any representation not contained in the Prospectus in connection with the Debentures and, if given or made, such information or representation must not be relied upon as having been authorized.

This web page and the enclosed Prospectus has not and will not be distributed in any jurisdiction other than Sweden where such distribution is restricted by law or regulation, or requires further measures by the Issuer. Persons who come into possession of the Prospectus are required to inform themselves about, and to observe, such restrictions. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not subject to U.S. tax law requirements. Subject to certain exemptions, the Debentures may not be offered, sold or delivered within the United States of America or to, or for the account or benefit of, U.S. persons, or within any other jurisdiction where distribution or publication of the Prospectus is in violation of applicable laws or requires additional prospectuses, registration or other measures than those applying by Swedish law.

In the case of any differences between the printed documents and the electronic documents provided on this web site, the printed versions will have precedence. Disputes regarding the Debentures, the contents of the Prospectus and legal circumstances associated with them shall be resolved exclusively by a Swedish court by application of Swedish law with the Stockholm District Court as the first instance.

By downloading the material on this website you certify that you are aware of the above and are not resident in any jurisdiction where distribution of the Prospectus is not in compliance with legal rules and regulations in the country in question. By downloading the file below, you confirm that you accept the above and the Terms & Conditions.
The information brochure relating to Proventus Capital Partners III is available in Swedish upon request by email to fundadministration@pcapital.se

Download Prospectus (PDF)
Download Fact Sheet, Series A (available in Swedish only) (PDF)
Download Fact Sheet, Series B (available in Swedish only) (PDF)

PCP Alpha

PCP Alpha was raised in 2015 primarily as a co-investment fund to PCP III.

The PCP Alpha participation loan debentures are issued by P Capital Partners Alpha AB (publ) and listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm.

Terms & Conditions
The Terms and Conditions does not constitute an offer to sell or a solicitation of an offer to buy the Debentures and no person is authorized to give any information or make any representation not contained in the Terms and Conditions in connection with the Debentures and, if given or made, such information or representation must not be relied upon as having been authorized.
This web page and the enclosed Terms and Conditions has not and will not be distributed in any jurisdiction other than Sweden where such distribution is restricted by law or regulation, or requires further measures by the Issuer. Persons who come into possession of the Terms and Conditions are required to inform themselves about, and to observe, such restrictions. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not subject to U.S. tax law requirements. Subject to certain exemptions, the Debentures may not be offered, sold or delivered within the United States of America or to, or for the account or benefit of, U.S. persons, or within any other jurisdiction where distribution or publication of the Terms and Conditions is in violation of applicable laws or requires additional prospectuses, registration or other measures than those applying by Swedish law.
In the case of any differences between the printed documents and the electronic documents provided on this web site, the printed versions will have precedence. Disputes regarding the Debentures, the contents of the Terms and Conditions and legal circumstances associated with them shall be resolved exclusively by a Swedish court by application of Swedish law with the Stockholm District Court as the first instance.
By downloading the material on this website you certify that you are aware of the above and are not resident in any jurisdiction where distribution of the Terms and Conditions is not in compliance with legal rules and regulations in the country in question. By clicking below, you confirm that you accept the above.

2021

2020

October 7, 2020
P Capital Partners AB announces NAV of PCP Alpha AB
P Capital Partners AB offentliggör substansvärde för PCP Alpha ABa

2019

January 31, 2019
P Capital Partners AB announces NAV of PCP Alpha AB
P Capital Partners AB offentliggör substansvärde för PCP Alpha AB

2018

2017

Proventus Capital Partners Alpha was raised in 2015 primarily as a co-investment fund to Proventus Capital Partners III.

The Proventus Capital Partners Alpha participation loan debentures were issued by Proventus Capital Partners Alpha AB (publ) and listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm.

Proventus Capital Partners Alpha is managed by P Capital Partners AB.

Download Prospectus (PDF)
Download Supplement Prospectus (PDF)
Download Fact Sheet (available in Swedish only) (PDF)

PCP IV

PCP IV was raised in 2018 and has a committed capital of EUR 1.67 billion split between two funds: PCP IV with a limited amount of leverage, and PCP IV B without leverage. The two funds co-invest pro rata in each investment with PCP IV C, an unlisted fund formed as a Limited Partnership (sw. Kommanditbolag).

PCP IV continues the debt investment strategy successfully executed by Proventus since 2002, focusing on financing to companies in Northern Europe in need of capital for expansion, acquisitions, restructuring and refinancing as well as investments in public high-yield bonds.

Investors in PCP IV include public and corporate pension funds, insurance companies, foundations, endowments and family offices with approximately one third of the capital raised outside the Nordics. Proventus AB is a large investor in the fund.

The PCP IV series A1 participation loan debentures are issued by P Capital Partners IV AB (publ) and will be listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The P Capital Partners IV B series A1 and B participation loan debentures are issued by P Capital Partners IV B AB (publ) and will be listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The number of debentureholders amounts to approximately 50.

The Terms and Conditions does not constitute an offer to sell or a solicitation of an offer to buy the Debentures and no person is authorized to give any information or make any representation not contained in the Terms and Conditions in connection with the Debentures and, if given or made, such information or representation must not be relied upon as having been authorized.

This web page and the enclosed Terms and Conditions has not and will not be distributed in any jurisdiction other than Sweden where such distribution is restricted by law or regulation, or requires further measures by the Issuer. Persons who come into possession of the Terms and Conditions are required to inform themselves about, and to observe, such restrictions. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not subject to U.S. tax law requirements. Subject to certain exemptions, the Debentures may not be offered, sold or delivered within the United States of America or to, or for the account or benefit of, U.S. persons, or within any other jurisdiction where distribution or publication of the Terms and Conditions is in violation of applicable laws or requires additional prospectuses, registration or other measures than those applying by Swedish law.

In the case of any differences between the printed documents and the electronic documents provided on this web site, the printed versions will have precedence. Disputes regarding the Debentures, the contents of the Terms and Conditions and legal circumstances associated with them shall be resolved exclusively by a Swedish court by application of Swedish law with the Stockholm District Court as the first instance.

By downloading the material on this website you certify that you are aware of the above and are not resident in any jurisdiction where distribution of the Terms and Conditions is not in compliance with legal rules and regulations in the country in question. By clicking below, you confirm that you accept the above.

2021

 

March 1, 2021
P Capital Partners AB announces NAV of PCP IV AB
P Capital Partners AB offentliggör substansvärde för PCP IV AB
P Capital Partners AB announces NAV of PCP IV B AB
P Capital Partners AB offentliggör substansvärde för PCP IV B AB

2020

October 9, 2020
P Capital Partners AB announces NAV of PCP IV AB
P Capital Partners AB offentliggör substansvärde för PCP IV AB
P Capital Partners AB announces NAV of PCP IV B AB
P Capital Partners AB offentliggör substansvärde för PCP IV B AB
Januay 15, 2020

Proventus Capital Partners IV was raised in 2018 and has a committed capital of EUR 1.67 billion split between two funds: Proventus Capital Partners IV with a limited amount of leverage, and Proventus Capital Partners IV B without leverage. The two funds co-invest pro rata in each investment with Proventus Capital Partners IV C, an unlisted fund.

Proventus Capital Partners IV continues the debt investment strategy successfully executed by Proventus since 2002, focusing on financing to companies in Northern Europe in need of capital for expansion, acquisitions, restructuring and refinancing as well as investments in public high-yield bonds.

Investors in Proventus Capital Partners IV include public and corporate pension funds, insurance companies, foundations, endowments and family offices with approximately one third of the capital raised outside the Nordics. Proventus AB is a large investor in the fund.
The Proventus Capital Partners IV series A1 participation loan debentures are issued by Proventus Capital Partners IV AB (publ) and are listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The Proventus Capital Partners IV B series A1 and B participation loan debentures are issued by Proventus Capital Partners IV B AB (publ) and are listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The number of debentureholders amounts to approximately 50.

Proventus Capital Partners IV is managed by P Capital Partners AB.

Download Prospectus PCP IV AB (swe) (PDF)
Download Prospectus PCP IV B AB (swe) (PDF)
Download Fact Sheet, PCP IV B, Series A1 Debentures (available in Swedish only) (PDF)
Download Fact Sheet, PCP IV B, Series B Debentures (available in Swedish only) (PDF)
Download Fact Sheet, PCP IV, Series A1 Debentures (available in Swedish only) (PDF)

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PCP I was raised in 2009 and had a committed capital of EUR 216 million.

PCP I had approximately 25 investors including Proventus AB, the Fourth Swedish National Pension Fund (AP4), Folksam, Länsförsäkringar, SEB’s and Vattenfall’s pension funds, the Swedish Foundation for Strategic Research, Sophiahemmet, the Swedish Union of Tenants and the Einar Mattsson Group, as well as a number of qualified private investors.

Focusing on financing to Nordic companies in need of capital for expansion, acquisitions, restructuring and refinancing as well as investments in public high-yield bonds, and the first institutional fund managed by Proventus Capital Management AB, the fund was fully invested in the second quarter 2011.

Its nineteenth and final loan investment was repaid in full in the third quarter 2015. As a consequence, the final amount outstanding under the participation loan debentures was repaid and the debentures were de-listed from the Debt Securities segment of Nordic Growth Market NGM in Stockholm in October 2015.

PCP I had approximately 25 investors including Proventus AB, the Fourth Swedish National Pension Fund (AP4), Folksam, Länsförsäkringar, SEB’s and Vattenfall’s pension funds, the Swedish Foundation for Strategic Research, Sophiahemmet, the Swedish Union of Tenants and the Einar Mattsson Group, as well as a number of qualified private investors.

PCP II was raised in 2011 and had capital commitments of SEK 5.3 billion from Proventus AB, the Fourth Swedish National Pension Fund (AP4), Swedish insurance company Folksam and an additional number of institutions as well as qualified individuals.

Focusing on financing to companies in Northern Europe in need of capital for expansion, acquisitions, restructuring and refinancing as well as investments in public high-yield bonds, and with a portfolio of 26 investments in total, Proventus Capital Partners II was fully invested in 2014.

The PCP II participation loan debentures are issued by P Capital Partners II AB (publ) and listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The number of debentureholders amounts to approximately 30.

Its final loan investment was repaid in full in 2020. As a consequence, the final amount outstanding under the participation loan debentures was repaid and the debentures were de-listed from the Debt Securities segment of Nordic Growth Market NGM in Stockholm.

The Terms and Conditions does not constitute an offer to sell or a solicitation of an offer to buy the Debentures and no person is authorized to give any information or make any representation not contained in the Terms and Conditions in connection with the Debentures and, if given or made, such information or representation must not be relied upon as having been authorized.

This web page and the enclosed Terms and Conditions has not and will not be distributed in any jurisdiction other than Sweden where such distribution is restricted by law or regulation, or requires further measures by the Issuer. Persons who come into possession of the Terms and Conditions are required to inform themselves about, and to observe, such restrictions. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not subject to U.S. tax law requirements. Subject to certain exemptions, the Debentures may not be offered, sold or delivered within the United States of America or to, or for the account or benefit of, U.S. persons, or within any other jurisdiction where distribution or publication of the Terms and Conditions is in violation of applicable laws or requires additional prospectuses, registration or other measures than those applying by Swedish law.

In the case of any differences between the printed documents and the electronic documents provided on this web site, the printed versions will have precedence. Disputes regarding the Debentures, the contents of the Terms and Conditions and legal circumstances associated with them shall be resolved exclusively by a Swedish court by application of Swedish law with the Stockholm District Court as the first instance.

By downloading the material on this website you certify that you are aware of the above and are not resident in any jurisdiction where distribution of the Terms and Conditions is not in compliance with legal rules and regulations in the country in question.

2020

 

July 29, 2020
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP  II AB

2019

 

October 7, 2019
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners offentliggör substansvärde för PCP II AB

2018

 

2017

 

April 28, 2017
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB

2016

 

2015

 

July 7, 2015
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB
April 29, 2015
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB
April 14, 2015
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
April 9, 2015
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB
January 9, 2015
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB

2014

 

December 10, 2014
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
October 7, 2014
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB
August 29, 2014
P Capital Partners II AB semi-annual report 2014
P Capital Partners II AB delårsrapport 2014
July 7, 2014
P Capital Partners AB announces NAV of PCP II AB
P Capita Partners AB offentliggör substansvärde för PCP II AB
June 12, 2014
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
April 7, 2014
P Capital Partners AB announces NAV of PCP II AB
P Capital Partners AB offentliggör substansvärde för PCP II AB
March 28, 2014
P Capital Partners II AB (publ) annual report 2013
P Capital Partners II AB (publ) årsredovisning 2013
March 13, 2014
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
January 22, 2014
P Capital Partners II AB (publ) issues new debetures
P Capital Partners II AB (publ) emitterar kapitalandelslån
January 9, 2014
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB

2013

 

December 20, 2013
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
October 15, 2013
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
October 7, 2013
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB
August 30, 2013
P Capital Partners II AB interim report January-June 2013
P Capital Partners II delårsrapport för januari-juni 2013
July 31, 2013
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
July 5, 2013
P Capital Partners II AB announces NAV for PCP II AB
June 25, 2013
P Capital Partners II AB issues new debentures
P Capital Partners II AB emitterar kapitalandelslån
July 6, 2013
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB
April 8, 2013
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB
March 27, 2013
P Capital Partners II AB issues new debentures
P Capital Partners II AB emitterar kapitalandelslån
February 26, 2013
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
January 8, 2013
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB

2012

 

September 5, 2012
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB
August 30, 2012
P Capital Parners II AB interim report January-June
2012
P Capital Partners II AB delårsrapport för januari-juni 2012
June 21, 2012
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
March 10, 2012
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB
February 23, 2012
P Capital Partners II AB (publ) issues new debentures
P Capital Partners II AB (publ) emitterar kapitalandelslån
January 9, 2012
P Capital Partners II AB announces NAV of PCP II AB
P Capital Partners II AB offentliggör substansvärde för PCP II AB

 

2020

2019

2018

2017

2016

2015

PCP II AB Annual Report 2015 (swe)
PCP II B AB Annual Report 2015 (swe)

2014

PCP II AB Annual Report 2014 (swe)
PCP II AB semi-annual report 2014 (swe)
PCP II B AB semi-annual report 2014 (swe)

2013

PCP II AB Annual Report 2013 (swe)
PCP II AB Interim Report 2013 (swe)

2012

PCP II Annual Report 2011 (swe)
PCP II semi-annual report 2012 (swe)

PCP III was raised in 2014 and has a committed capital of SEK 12.1 billion. The investment period ended in December 2018.

PCP III continues the debt investment strategy successfully executed by Proventus since 2002, focusing on financing to companies in Northern Europe in need of capital for expansion, acquisitions, restructuring and refinancing as well as investments in public high-yield bonds.

Investors in PCP III include public and corporate pension funds, insurance companies, foundations, endowments and family offices with approximately one third of the capital raised outside the Nordics. Proventus AB is one of the largest investors in the fund.

The PCP III series A1 participation loan debentures and series B participation loan debentures are issued by P Capital Partners III AB (publ) and listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The number of debentureholders amounts to approximately 50.

The Terms and Conditions does not constitute an offer to sell or a solicitation of an offer to buy the Debentures and no person is authorized to give any information or make any representation not contained in the Terms and Conditions in connection with the Debentures and, if given or made, such information or representation must not be relied upon as having been authorized.

This web page and the enclosed Terms and Conditions has not and will not be distributed in any jurisdiction other than Sweden where such distribution is restricted by law or regulation, or requires further measures by the Issuer. Persons who come into possession of the Terms and Conditions are required to inform themselves about, and to observe, such restrictions. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not subject to U.S. tax law requirements. Subject to certain exemptions, the Debentures may not be offered, sold or delivered within the United States of America or to, or for the account or benefit of, U.S. persons, or within any other jurisdiction where distribution or publication of the Terms and Conditions is in violation of applicable laws or requires additional prospectuses, registration or other measures than those applying by Swedish law.

In the case of any differences between the printed documents and the electronic documents provided on this web site, the printed versions will have precedence. Disputes regarding the Debentures, the contents of the Terms and Conditions and legal circumstances associated with them shall be resolved exclusively by a Swedish court by application of Swedish law with the Stockholm District Court as the first instance.

By downloading the material on this website you certify that you are aware of the above and are not resident in any jurisdiction where distribution of the Terms and Conditions is not in compliance with legal rules and regulations in the country in question. By clicking below, you confirm that you accept the above.

2021

2020

October 7, 2020
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB

2019

2018

2017

2016

November 11, 2016
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB
October 7, 2016
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB

2015

August 25, 2015
P Capital Partners III AB (publ) issues new debentures
P Capital Partners III AB (publ) emitterar kapitalandelslån
July 7, 2015
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB
April 9, 2015
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB
March 23, 2015
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB
March 18, 2015
P Capital Partners AB announces NAV of PCP III AB
P Capital Partners AB offentliggör substansvärde för PCP III AB
March 4, 2015
P Capital Partners III AB (publ) issues new debentures
P Capital Partners III AB (publ) emitterar kapitalandelslån

Proventus Capital Partners III AB (publ), a subsidiary of P Capital Partners AB, has issued participation loan debentures which are listed on the NDX segment of the Nordic Growth Market NGM. The debentures were issued in two series, A1 and B.The issue price for all debentures was equal to the nominal amount. All net cash inflows is distributed to debenture holders on the tenth business day following 31 December, 31 March, 31 June and 30 September.

Subject to the terms of the debentures, the quarterly payment may also contain partial repayment of the nominal amount to the extent any investments have been divested or repaid during the preceding quarter. Distribution of the Prospectus is subject to legal restrictions in certain judicial systems. To gain access to the full Prospectus, the conditions below must be accepted.

The Prospectus does not constitute an offer to sell or a solicitation of an offer to buy the Debentures and no person is authorized to give any information or make any representation not contained in the Prospectus in connection with the Debentures and, if given or made, such information or representation must not be relied upon as having been authorized.

This web page and the enclosed Prospectus has not and will not be distributed in any jurisdiction other than Sweden where such distribution is restricted by law or regulation, or requires further measures by the Issuer. Persons who come into possession of the Prospectus are required to inform themselves about, and to observe, such restrictions. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not subject to U.S. tax law requirements. Subject to certain exemptions, the Debentures may not be offered, sold or delivered within the United States of America or to, or for the account or benefit of, U.S. persons, or within any other jurisdiction where distribution or publication of the Prospectus is in violation of applicable laws or requires additional prospectuses, registration or other measures than those applying by Swedish law.

In the case of any differences between the printed documents and the electronic documents provided on this web site, the printed versions will have precedence. Disputes regarding the Debentures, the contents of the Prospectus and legal circumstances associated with them shall be resolved exclusively by a Swedish court by application of Swedish law with the Stockholm District Court as the first instance.

By downloading the material on this website you certify that you are aware of the above and are not resident in any jurisdiction where distribution of the Prospectus is not in compliance with legal rules and regulations in the country in question. By downloading the file below, you confirm that you accept the above and the Terms & Conditions.
The information brochure relating to Proventus Capital Partners III is available in Swedish upon request by email to fundadministration@pcapital.se

Download Prospectus (PDF)
Download Fact Sheet, Series A (available in Swedish only) (PDF)
Download Fact Sheet, Series B (available in Swedish only) (PDF)

PCP Alpha was raised in 2015 primarily as a co-investment fund to PCP III.

The PCP Alpha participation loan debentures are issued by P Capital Partners Alpha AB (publ) and listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm.

Terms & Conditions
The Terms and Conditions does not constitute an offer to sell or a solicitation of an offer to buy the Debentures and no person is authorized to give any information or make any representation not contained in the Terms and Conditions in connection with the Debentures and, if given or made, such information or representation must not be relied upon as having been authorized.
This web page and the enclosed Terms and Conditions has not and will not be distributed in any jurisdiction other than Sweden where such distribution is restricted by law or regulation, or requires further measures by the Issuer. Persons who come into possession of the Terms and Conditions are required to inform themselves about, and to observe, such restrictions. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not subject to U.S. tax law requirements. Subject to certain exemptions, the Debentures may not be offered, sold or delivered within the United States of America or to, or for the account or benefit of, U.S. persons, or within any other jurisdiction where distribution or publication of the Terms and Conditions is in violation of applicable laws or requires additional prospectuses, registration or other measures than those applying by Swedish law.
In the case of any differences between the printed documents and the electronic documents provided on this web site, the printed versions will have precedence. Disputes regarding the Debentures, the contents of the Terms and Conditions and legal circumstances associated with them shall be resolved exclusively by a Swedish court by application of Swedish law with the Stockholm District Court as the first instance.
By downloading the material on this website you certify that you are aware of the above and are not resident in any jurisdiction where distribution of the Terms and Conditions is not in compliance with legal rules and regulations in the country in question. By clicking below, you confirm that you accept the above.

2021

2020

October 7, 2020
P Capital Partners AB announces NAV of PCP Alpha AB
P Capital Partners AB offentliggör substansvärde för PCP Alpha ABa

2019

January 31, 2019
P Capital Partners AB announces NAV of PCP Alpha AB
P Capital Partners AB offentliggör substansvärde för PCP Alpha AB

2018

2017

Proventus Capital Partners Alpha was raised in 2015 primarily as a co-investment fund to Proventus Capital Partners III.

The Proventus Capital Partners Alpha participation loan debentures were issued by Proventus Capital Partners Alpha AB (publ) and listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm.

Proventus Capital Partners Alpha is managed by P Capital Partners AB.

Download Prospectus (PDF)
Download Supplement Prospectus (PDF)
Download Fact Sheet (available in Swedish only) (PDF)

PCP IV was raised in 2018 and has a committed capital of EUR 1.67 billion split between two funds: PCP IV with a limited amount of leverage, and PCP IV B without leverage. The two funds co-invest pro rata in each investment with PCP IV C, an unlisted fund formed as a Limited Partnership (sw. Kommanditbolag).

PCP IV continues the debt investment strategy successfully executed by Proventus since 2002, focusing on financing to companies in Northern Europe in need of capital for expansion, acquisitions, restructuring and refinancing as well as investments in public high-yield bonds.

Investors in PCP IV include public and corporate pension funds, insurance companies, foundations, endowments and family offices with approximately one third of the capital raised outside the Nordics. Proventus AB is a large investor in the fund.

The PCP IV series A1 participation loan debentures are issued by P Capital Partners IV AB (publ) and will be listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The P Capital Partners IV B series A1 and B participation loan debentures are issued by P Capital Partners IV B AB (publ) and will be listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The number of debentureholders amounts to approximately 50.

The Terms and Conditions does not constitute an offer to sell or a solicitation of an offer to buy the Debentures and no person is authorized to give any information or make any representation not contained in the Terms and Conditions in connection with the Debentures and, if given or made, such information or representation must not be relied upon as having been authorized.

This web page and the enclosed Terms and Conditions has not and will not be distributed in any jurisdiction other than Sweden where such distribution is restricted by law or regulation, or requires further measures by the Issuer. Persons who come into possession of the Terms and Conditions are required to inform themselves about, and to observe, such restrictions. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not subject to U.S. tax law requirements. Subject to certain exemptions, the Debentures may not be offered, sold or delivered within the United States of America or to, or for the account or benefit of, U.S. persons, or within any other jurisdiction where distribution or publication of the Terms and Conditions is in violation of applicable laws or requires additional prospectuses, registration or other measures than those applying by Swedish law.

In the case of any differences between the printed documents and the electronic documents provided on this web site, the printed versions will have precedence. Disputes regarding the Debentures, the contents of the Terms and Conditions and legal circumstances associated with them shall be resolved exclusively by a Swedish court by application of Swedish law with the Stockholm District Court as the first instance.

By downloading the material on this website you certify that you are aware of the above and are not resident in any jurisdiction where distribution of the Terms and Conditions is not in compliance with legal rules and regulations in the country in question. By clicking below, you confirm that you accept the above.

2021

 

March 1, 2021
P Capital Partners AB announces NAV of PCP IV AB
P Capital Partners AB offentliggör substansvärde för PCP IV AB
P Capital Partners AB announces NAV of PCP IV B AB
P Capital Partners AB offentliggör substansvärde för PCP IV B AB

2020

October 9, 2020
P Capital Partners AB announces NAV of PCP IV AB
P Capital Partners AB offentliggör substansvärde för PCP IV AB
P Capital Partners AB announces NAV of PCP IV B AB
P Capital Partners AB offentliggör substansvärde för PCP IV B AB
Januay 15, 2020

Proventus Capital Partners IV was raised in 2018 and has a committed capital of EUR 1.67 billion split between two funds: Proventus Capital Partners IV with a limited amount of leverage, and Proventus Capital Partners IV B without leverage. The two funds co-invest pro rata in each investment with Proventus Capital Partners IV C, an unlisted fund.

Proventus Capital Partners IV continues the debt investment strategy successfully executed by Proventus since 2002, focusing on financing to companies in Northern Europe in need of capital for expansion, acquisitions, restructuring and refinancing as well as investments in public high-yield bonds.

Investors in Proventus Capital Partners IV include public and corporate pension funds, insurance companies, foundations, endowments and family offices with approximately one third of the capital raised outside the Nordics. Proventus AB is a large investor in the fund.
The Proventus Capital Partners IV series A1 participation loan debentures are issued by Proventus Capital Partners IV AB (publ) and are listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The Proventus Capital Partners IV B series A1 and B participation loan debentures are issued by Proventus Capital Partners IV B AB (publ) and are listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The number of debentureholders amounts to approximately 50.

Proventus Capital Partners IV is managed by P Capital Partners AB.

Download Prospectus PCP IV AB (swe) (PDF)
Download Prospectus PCP IV B AB (swe) (PDF)
Download Fact Sheet, PCP IV B, Series A1 Debentures (available in Swedish only) (PDF)
Download Fact Sheet, PCP IV B, Series B Debentures (available in Swedish only) (PDF)
Download Fact Sheet, PCP IV, Series A1 Debentures (available in Swedish only) (PDF)