SWEDEN – Swedish investment bank SEB has launched a Luxembourg-based private equity fund of funds for institutional and private investors with the assets invested in a globally diversified portfolio of private equity funds.

The fund, SEB Private Equity, has a minimum investment of 100,000 euro for institutional investors and 30,000 euro for private banking customers.

The portfolio managers, Stefan Mårelid and Niklas Sjöberg, manage SEB Invests’ other private equity investments.