Longship closes fourth Fund at NOK 2.4 billion hard cap
Longship announces first and final close of its fourth Fund at NOK 2.4 billion hard cap in 11 weeks.
Norwegian LMM specialist private equity firm Longship has announced the first and final close of its fourth Fund, Longship Fund IV, at NOK 2.4 billion (c. €223 million). The Fund was significantly oversubscribed, reaching its hard cap 11 weeks after launch. Longship secured strong support from existing investors alongside new commitments from a select group of high quality, institutional investors across the Nordics, UK, Benelux, and France.
Longship is a deeply experienced investor in the Norwegian lower mid-market, with the partner team investing together for more than two decades. Its model combines local connectivity, expertise in identifying structural growth trends early, and a hands-on transformational toolkit to build internationally recognised category leaders within its target sub-sectors. Since inception in 2015, the Longship team has made 21 platform investments, completed more than 100 total acquisitions and exited nine businesses, delivering top 5% DPI performance¹.
With Fund IV, Longship will maintain its unwavering commitment to the Norwegian lower mid-market and a thematic-driven investment strategy. Longship partners with businesses operating within high-growth sub-sectors it identifies early, which exhibit the potential to become sustainable, category leaders as the sub-sector scales. In line with prior funds, Fund IV will target profitable companies with a clear competitive edge in Longship’s four core investment themes: Technology Adoption, Sustainability, Quality of Life, and Resilient Societies.
Longship was advised on the fundraise by Rede Partners and Goodwin Procter.
About Longship
Established in 2015, Longship is the leading private equity investor dedicated to the Norwegian lower mid-market. The firm pursues a thematic investment strategy guided by four structural growth trends: Technology Adoption, Sustainability, Quality of Life, and Resilient Societies. Longship invests in profitable businesses with strong growth potential, deploying a hands-on transformational approach to accelerate organic expansion, drive strategic M&A and build nationally and internationally recognised category leaders. To date, the firm has raised over NOK 7 billion of capital across four buyout funds.
Contact:
Erik Rian Johannessen, CEO
erik.johannessen@longship.no
¹Performance benchmarked against Cambridge Associates ex-US Private Equity as at 31 December 2025.