Gimv-XL closes on €609m
European investment company Gimv has announced the final closing of its latest vehicle Gimv-XL fund at €609m.
The fund launched and held a first close in January 2009 on €500m. As initiator and sponsor, Gimv contributed €250m of this, while co-sponsor VPM committed the other €250m.
The remaining €109m came from new institutional investors, including Dexia Bank, Ethias and ING Belgium.
Gimv-XL targets Flemish medium-sized and large growth companies with an enterprise value between €75m and €750m.
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