Niam Nordic Fund I, Niam Nordic Fund II & Niam Nordic Fund IIb
Niam’s previous funds were smaller than Niam’s current funds with approximately €70-80 million of investment capacity per fund. They also differed in investment strategy with residential properties as their primary target.
Niam Fund I was raised in 2000 with an investment capacity of €70 million, primarily targeting residential properties in the Nordic region. The majority of the fund holdings were located in Gothenburg, Sweden, and the fund was liquidated during January 2004.
Niam Fund II & Niam Fund IIb were raised in 2001 and 2004, respectively, with a combined investment capacity of approximately €165 million. The funds targeted primarily residential properties in the Nordic region and the majority of the holdings were located in Gothenburg and Haninge, Sweden. The fund holdings were liquidated between 2004 and 2006.