GEM Benelux III hits €275m final close

Gilde Equity Management (GEM) Benelux III has reached a first and final close on €275m.

The fund launched in April and reached its hard-cap in just two months.

The fund's predecessor, GEM Benelux II, raised €200m in March 2010 and received commitments from 13 institutional investors.

Investors
GEM Benelux's existing investors increased their commitments. The vehicle also attracted two new Dutch investors to its LP base.

Investments
The fund will continue GEM's existing investment strategy, investing in small-cap companies in the Benelux region.

People
Gerhard Nordemann is managing partner of GEM Benelux.

Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote

Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds

Baltic investor anticipates early 2024 launch and will focus on early-stage AI and deeptech startups

Secondary investments specialist will target EUR 30m to EUR 50m for new fund

Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017

Czech Republic-headquartered family office is targeting DACH and CEE region deals

Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO

Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds