
NIBC launches new fund
NIBC latest fund has reach first close at €100m - halfway towards its target.
The final close of NIBC Growth Capital II is expected in the first six months of 2012 with a target of €200m.
Investors
The founding investors of the fund are NIBC, Goldman Sachs Asset Management and the European Investment Fund.
Investment
Avedon Capital Partners, which manages the fund, focuses on providing growth capital for mid-market companies in Germany and the Benelux countries.
People
NIBC Growth Capital Fund II will be managed by Avedon Capital Partners, which also manages NIBC Merchant Banking Fund IA and IB. Simultaneously with the current launch, Avedon finalised its spin out of NIBC and is now a fully independent company.
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