BELGIUM - E-Capital launches E-Capital II

The fund has a target of between EUR 35-50m, and aims to hold a first close at EUR 20m in early 2007. Minimum subscriptions amount to EUR 250,000 in order to enable private investors to commit. The carry has been fixed at 20%, while the hurdle is set at 7% and the fund will be able to reinvest the proceeds from an exit. The fund has a 10-year lifespan, with a possible two-year extension period. No placement agent is being used.

E-Capital II is open to investments from both private investors and institutional investors. The management currently targets investors from its first fund, which include the European Investment Fund, and the management will make a GP contribution of 1% of the fund’s value.

The fund will aim to invest between EUR 1- 4m in approximately 10-15 companies located in the Benelux region and France. It specifically aims to invest in companies which record a turnover between EUR 5- 50m, or have an enterprise value of between EUR 5-25m. It will consider both majority and influential minority stakes and applies no specific sector focus.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Benelux