
Primomiglio holds €30m first close for Barcamper fund
Italian venture capital house Primomiglio has held a first close on €30m for its maiden vehicle Barcamper Ventures.
Launched in July 2016, the vehicle has reached a first closing on €30m and will start its investment phase on 7 September 2016. Dpixel is acting as placement agent for the fund.
Investors
The announcement follows the €17m commitment from Italian state-backed fund-of-funds Fondo Italiano d'Investimento, via its Fondo di Fondi di Venture Capital. Other backers include Banca Sella Holding, Unindustria Bologna, Reale Mutua di Assicurazioni and Fondazione Puglia, as well as high-net-worth individuals.
Investments
The vehicle has a €50m target and aims to invest equity tickets ranging between €25,000-3m in Italian startups with a specific focus on the blockchain, artificial intelligence, industry 4.0 and 3D printing segments.
People
Primomiglio – Gianluca Dettori (chair).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater