Parcom launches EUR1bn Parcom Quoted Equity
ING subsidiary Parcom has launched a EUR1bn pan-European quoted equity fund, Parcom Quoted Equity. It will make investments designed to encourage transformational growth with influential minority stakes between 5-30% in small to medium size companies in Benelux, France, Germany and Switzerland for a 3-6-year period. ING's Dutch insurance division has committed EUR1bn in capital.
Parcom is an investment fund based in the Netherlands and also have private equity and venture arms.
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