Better Capital in joint venture with NPRF

NPRF committed €50m to the vehicle – funding will be provided on a deal-by-deal basis. Better Capital's 2012 Fund will commit at least 51% to each investment with NPRF providing the remainder.

The joint venture will be operated through Better Capital (Ireland) LP, a new Guernsey limited partnership managed by the GP of Better Capital's 2012 Fund, BECAP12 GP LP. Better Capital will set up a dedicated office in Dublin.

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