Private equity firm Gimv has just launched a fund which will focus on growth companies in the Health & Care Services and Medtech sectors.
Gimv’s initial investment amounts to €50m was matched by the Flemish Government, which is also committing €50m. Beyond this initial €100m, the fund is seeking extra resources from various institutional investors and a formal first closing is planned in the coming year.
Over the next six years, the vehicle aims to invest in 10 to 15 innovative companies in the Health & Care Services and Medtech sectors in the Benelux, Germany and France.
The amount per operation can be up to €25m, both in equity and quasi-equity.