Industriefonds realizes capital round of € 50 million
Last week we realized a successful capital round with the Anders Invest Industrie Fonds in which we raised more than € 50 million to invest in Dutch SME production companies with a turnover of approximately € 10 million over the next 12 months with their own product. The Anders Invest Industrie Fonds has an infinite duration and invests in companies for the long term without being exit-driven.
The fundraising target was higher than ever before at €45-50 million in the 10th funding round. Enthusiasm among existing investors and new entrants was undiminished and led to subscriptions of € 75 million, of which we allocated more than € 50 million. We had to disappoint various investors with a lower than desired allocation. The more than 120 new investors for whom we were able to make room participate for an initial investment of € 100,000. In this round, as with every round, there was plenty of room for getting out. In this way, the long-term fund is still a liquid investment.