Eiger Capital established in Luxembourg

Eiger Capital, a fund-of-funds management company, has announced its establishment in Luxembourg. The company is a joint venture between its three managers and Financière Natexis Banques Populaires, which has made a cornerstone commitment to Eiger Capital’s first fund. According to Roger Pett, the managing director of Eiger Capital, the fund has a Euro 200m target; he envisages that the fund will be launched in Autumn 2001. Financière Natexis Banques Populaires has made a cornerstone commitment to the fund of 20% of the target amount sought. Although the fund will not target buyout funds, it will look at the full range of venture capital. Eiger Capital will look to make commitments to funds in Europe – France, Germany, the UK and Scandinavia – and also in Israel. Commitments in the range of Euro 5m to Euro 20m will be made to funds with the typical commitment likely to be Euro 10m. The management company is headed up by Roger Pett, previously head of venture capital at the European Investment Fund. He is joined in the management team by Henning von Blanckenburg, formerly of Kreditanstalt für Wiederaufbau (KfW) in Frankfurt where he was responsible for private equity finance, and Jonathan Leinmüller, an investment executive specialising in private equity at the Abbey National in London.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• DACH