Setterwalls has assisted Indecap in connection with the acquisition of PriorNilsson

Setterwalls, together with lawyer Johan Josjö, has assisted Indecap in connection with the acquisition of Prior Nilsson, a leading Nordic fund management company.

Indecap is owned by 34 of Sweden’s savings banks and has successfully managed discretionary mandates and funds for pension funds, major clients and private individuals for over 20 years.

PriorNilsson, with headquarters in Stockholm, Sweden, is a leading fund management company established in 2002 by Torgny Prior and PO Nilsson White. PriorNilsson currently manages approximately SEK 13 billion and has since its establishment successfully actively managed funds for institutional and private clients.

PriorNilsson and Indecap will continue to operate and manage their successful funds under their own brands and according to their respective management strategies.

The transaction is, inter alia, subject to approval by the Swedish Financial Supervisory Authority.

Lenner & Partners acted as financial advisor to Indecap.