Gimv launches Health & Care Fund
Gimv has launched a new €200m fund focused on healthcare and medical technology investments.
Gimv's Health & Care Fund has a 12-year lifespan and is targeting a €200m final close.
Investors
The fund is supported by a €50m contribution from the Flemish government, due to its impact on the region's healthcare industry. Gimv itself committed €50m to the fund.
The vehicle is looking for support from institutional investors to build on the €100m already committed.
Investments
Gimv is planning to invest in 10-15 companies in the healthcare and medical technology sectors across Germany, France and the Benelux region over the next six years.
The vehicle will invest up to €25m per transaction.
People
The fund will be managed by Gimv's Health & Care team, led by Bart Diels.
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