Deutsche Beteiligungs AG (DBAG) has announced its 2019/20 annual results, noting that while the net asset value of its portfolio fell in this period, it expects its private equity investments to increase in the next three years.
Managing director Craig Ferguson discusses accelerated deployment activity during the pandemic and plans to scale up the PE allocation by 2025
Fund has a target of $600m, which it plans to reach by next year, according to Kommersant
Existing investors including Institut Català de Finances also take part in the financing
Biotech company initially raised €12m in December 2018