Shackleton Ventures, a direct secondaries venture investor, has launched its fifth fund, Return Fund #5, a vehicle dedicated to secondaries-led transactions.
BaltCap's exit comes seven years after the GP acquired a 75% stake in Ecoservice for €16.4m
Round sees participation from Generation Investment Management, Aglaé, Eurazeo, Goldman Sachs and Daphni
GP acquired the packaging producer from Capiton in 2016 and will retain a 20% stake in the business
Exponent said in a statement that the dessert producer has international expansion potential