Cubera promotes two to partner

Cubera Private Equity, a Nordic secondaries specialist, has promoted two investment directors after holding the final close on its latest fund.

The firm promoted Merete Haukas and Johan Nord to partner, bringing the number at the firm to five.

“Cubera’s main dynamic is to be the first choice for investors searching for liquidity or rebalancing their Nordic private equity portfolios,” managing partner Jorgen Kjaernes said in the statement. “This promotion will enhance our skillset and further strengthen our lead position in the Nordic secondary market.”

Haukas is based in the firm’s Oslo office and has worked at the firm since 2012. Her previous experience includes four years at EY working on transaction advisory services.

Nord is based in Cubera’s Stockholm office and joined in 2015 from the Sixth Swedish National Pension Fund (AP6). At AP6 Johan was fund investment director focusing on primary and secondaries investments.

Cubera announced on Tuesday it had held the first and final close for Cubera VIII on its €405 million hard-cap. The fund will acquire stakes in Nordic buyout funds as well as make direct secondaries investments in tail-end funds and through restructuring processes.

Founded in 2006, Cubera advises on more than €800 million in committed capital and has 10 staff across its two offices, according its website.