The Dutch Venture Initiative II (DVI-II) will invest in funds investing in fast growing and/or innovative companies.
The Fund-of-funds will target companies in sectors like ICT, clean-tech, med-tech, renewable energy and life sciences, through primary investments in Dutch oriented Venture Capital funds.
Similar to the investment strategy of the predecessor initiative DVI-I, DVI-II will invest in venture and growth capital funds (including hybrid debt/equity funds).
DVI-II will hold a first closing of €200m and will target up to 20 investments in funds in the next 4 to 5 years.
After the first closing in March 2016, fundraising will continue with other institutional investors aiming to reach a final size of €300m.
The contribution of PPM Oost to DVI-II is supported by the Dutch Ministry of Economic Affairs and the Netherlands Investment Agency (NIA).