Aztec Group supports Norvestor on €2 billion close of Norvestor X

Aztec Group is proud to have supported long-standing client Norvestor on the successful final close of Norvestor X SCSp, which raised €2 billion at its hard cap. 

Norvestor is a well-established private equity manager with more than three decades of experience investing in the region. Norvestor X’s strategy is to back resilient, high-growth mid-market companies, targeting businesses positioned to benefit from structural regional strengths and long-term trends. To date, Norvestor has completed 101 platform investments and over 750 bolt-on acquisitions.  

Aztec Group provides fund administration, investor onboarding and transaction support services to Norvestor X from its Luxembourg office. Since 2009, Aztec has supported Norvestor across multiple funds, including Norvestor IX (€1.5bn), Norvestor Nova I (€500m) and Norvestor SPV III (€2.5bn).  

Ina Haskaj, Associate Director at Aztec Group, said: “We are pleased to have supported Norvestor on another successful close, building on our long-standing relationship and a strong track record of delivering together. The success of this fundraise reflects both the quality of Norvestor’s platform and the strength of investor demand. It also highlights our ability to support our clients across complex, high-volume fundraising processes by combining our local expertise in Luxembourg with a consistent, client-centric approach.” 

This close is part of a growing series of significant fundraises supported by Aztec, including Hollyport Capital’s US$4.5 billion Fund IX and GHO’s €2.5bn Fund IV. Together, these mandates reinforce our position as a global, premium provider of private markets services and demonstrate that our teams can deliver complex launches at scale and at speed.