Nordic region attracts Paine & Partners

US-based private equity house Paine & Partners has hired two senior investment professionals to head up operations in the Nordic region, as the firm continues a push into Europe following its first deal there less than two months ago.

Paine, a spin-out from investment firm Fox Paine & Company, has appointed Bjarni Ármannsson and Frank Reite as operating directors to focus on investment opportunities in the seafood, energy and financial services sectors in the Nordic region.

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