List of 8 Shareholder Liquidity Investors in Denmark

Investor	PE Assets $mlns	Portfolio	M&A Activity Buy vs Sell, Last 5 Years
Dansk Ejerkapital Copenhagen, Denmark Private Equity Firm • 1994 • website See all 5	905	35	27
GRO Capital Copenhagen, Denmark Private Equity Firm • 2014 • website See all 5	451	19	16
Kirk Kapital A/S Vejle, Denmark Family Office • 2007 • website See all 12	-	6	6
Blue Equity Management Vejle, Denmark Private Equity Firm • 2013 • website See all 6	-	16	15
Vækst-Invest Nordjylland A/S Aalborg, Denmark Private Equity Firm • 2008 • website See all 1	45	23	16
Brygge Partners Esbjerg, Denmark Private Equity Firm • 2017 • website See all 1	-	11	11
Maj Invest Equity Copenhagen, Denmark Private Equity Firm • 2005 • website See all 12	665	81	8
Copenhagen Infrastructure Partners Copenhagen, Denmark Infrastructure • 2012 • website See all 60	31,553	1	1

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Denmark Shareholder Liquidity Investors