Deutsche Beteiligungs AG (DBAG) has backed the management buyout of fibre-optic internet company Vitronet Projekte and will indirectly hold 40% of the company.
Deal marks the third investment in the insurance sector and Pollen Street's second investment from PSC IV
Sedef Köktentürk joins as a managing partner and chief operating officer and will focus on areas including impact
Fund exceeded its target of €450m by €90m and was "significantly" oversubscribed
BGF exited 20 businesses in 2020 with an average money multiple of 1.9x and an aggregate IRR of 26%