November was a pretty good month for private equity firms and one strategic investor looking to exit their shipping bets — or “Prexit”, as one wag dubbed the trend.
But it was a terrific month for Norway’s Pareto Securities, which led three separate equity deals that saw nearly $400m in shares change hands overall.
Pareto was one of three banks — alongside Fearnley Securities and SEB — at the head of Hafnia’s move from Oslo's over-the-counter exchange to a senior Axess listing on 6 November, even if the $230m raised fell short of the original $345m target.
