
Dunas Capital launches first fund-of-funds
Madrid-based Dunas Capital has launched its first fund-of-funds, Rainforest Dunas Iberia Fund I, with a €100m target.
The vehicle, which will exclusively target Spanish and Portuguese GPs, plans to make its first investments in the next few months. It is managed by Inverseguros Gestión, part of the Dunas Capital Group, while BNP Paribas acts as depository bank.
The fund will be led by an investment committee that will work together with Dunas's investment analysis team to establish and direct the fund's strategy and select potential target vehicles.
Dunas was advised by Baker McKenzie, while Deloitte will audit the vehicle and Rainforest Capital Partners will act as a commercial agent.
Investors
The fund has attracted commitments from institutional investors and high-net-worth individuals.
Investments
Rainforest Dunas Iberia Fund I will primarily target buyout and growth capital vehicles, but will also be able to invest part of its capital in VC, private debt, infrastructure and special situations funds.
People
Dunas Capital – David Angulo (chair); Jorge Viera (partner).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds