Cubera closes record Nordic and International Primary funds

Oslo/Stockholm, 21. November 2025

Cubera Private Equity (“Cubera”) is pleased to announce the final closes of €334 million for Cubera International Private Equity 25 (“CIPE 25”) and €166 million for Cubera PE V (“PE V”).
The two funds represent the largest capital raisings in Cubera’s history within the International strategy and the Nordic Primary strategy.

Key Highlights

·         CIPE 25, Cubera’s latest International fund has closed at €334 million, making it the strategy’s strongest fundraise to date.

·         PE V, Cubera’s latest Nordic Primary fund has closed at €166 million, also the strongest fundraise for the strategy to date.

·         In total, Cubera has raised over  €1.5 billion in its latest funds (CIPE 24–25, PE V and the secondary strategy Cubera X) over the past two years.

·         During these capital raisings, Cubera has significantly expanded and further institutionalised its investor base and attracted several new investors from both established and new markets.

·         Cubera's International fund, CIPE 25, focuses on investments in specialised funds, as well as co-investments in single companies and continuation vehicles.

·         Cubera's Nordic fund, PE V, focuses on specialised small- and mid-cap buyout funds, combined with selected co-investments alongside established fund managers.

·         The successful fundraises follow on the back of investment in the Cubera platform, growing both the Nordic and International investment teams as well as the Capital Formation team.

Reidun Tysseland, Managing Partner at Cubera, commented:

“We are delighted to achieve these landmark fund closings which underscore the confidence our investor base places in our strategy and our team. These funds give us exceptional capabilities to partner with high-quality fund managers and co-invest alongside them, both in the international arena and in the Nordic region. The strong support from our existing investors, together with new institutional commitments, is a testament to the value of our platform.”

About Cubera

Cubera Private Equity, part of Storebrand AM, is a leading investment platform providing institutional investors with access to Nordic and international private equity. Cubera has a strong track record in both primary and secondary investments, with total AuM of approximately  €5.5 billion. With offices in Oslo and Stockholm, Cubera has around 40 employees.

For further information, Please Contact:
Reidun Tysseland, Managing Partner
Cubera Private Equity
reidun.tysseland@cubera.no / +47 90186838