News

Vinge represented Acta Asset Management and First Securities in the formation of Global Private Equity 2006

February 19, 2007

A Swedish-Norwegian AB and AS-based private equity fund-in-a-fund, which in a private equity context is considered a small depositer, has just completed a first round with a total equity capital of approximately SEK 500 million, of which SEK 350 million originate from Swedish depositors and the remaining capital from Norwegians. Behind the fund – Global Private Equity 2006 – stands Acta Asset Management and First Securities. The fund's equity capital topped with loans will initially be invested based on agreements with Auda Global Partners LP, but direct investments will also be made, corresponding to a maximum of 15-30% of the fund's equity capital. Future draw-downs and direct investments will be financed through a mix a (newly generated) private equity and loan financing. Geographically, Global Private Equity 2006 will focus on the USA as well was northern and eastern Europe. The shares will not be listed, but AAM will assist during second-hand sales under certain conditions.

From Vinge, the Stock and Corporate group (Rikard Stenberg, Dain Nevonen) and the Tax Group (Mattias Schömer, Maria Doser) assisted in the transaction, which was completed in close cooperation with AAM and First Securities as well as with the Norwegian legal advice firm of Schjödt.

Renewable energy – The Council agrees on a temporary emergency regulation

In the beginning of November, the European Commission put forward a proposal regarding a framework to accelerate the deployment of renewable energy, with the ambition to speed up the transition to green energy and reduce the EU’s dependency on Russian fossil fuels. In line with the conclusions of the European Council at the end of October, the European Commission considers that the ongoing energy crisis requires immediate action to transpose parts of the REPowerEU plan, and therefore proposes to adopt a Council Regulation using Article 122(1) of the Treaty of the Functioning of the European Union (TFEU) as legal basis.
December 06, 2022

REPowerEU – The European Parliament and the Council have assumed their standpoints

In May 2022, the Commission presented its proposal regarding REPowerEU. The purpose of the plan, which is based on the "Fit for 55" parcel , is to change Europe’s energy system by eliminating the EU’s dependency on Russian fossil fuels as well as to tackle the climate crisis. The European Parliament and the Council have now adopted their positions in order to incorporate the plan into the national recovery and resilience plans.
November 29, 2022

Vinge authors the Swedish contribution regarding tax disputes for The Legal 500

International companies run the risk of the erroneous management of tax issues when conducting operations in several jurisdictions. In such event, disputes can arise with the relevant tax authorities. The Legal 500 has now introduced a dedicated chapter on tax disputes in its comparative guide for the first time and Ulrika Bengtsson, advokat and counsel, has been selected to provide a clear picture of the Swedish tax litigation system.
November 09, 2022