Paris, France-based investment firm Idinvest Partners held the initial closing of its second capital growth fund at €250m.
Idinvest Growth Fund II will continue the firm’s previous strategy investing in unlisted European businesses operating in Digital, Health, and Energies &
Cities sectors whose prospects for growth are global.
Idinvest is aiming for a final closing of between €350m and €400m in the first quarter of 2017.
Led by Christophe Bavière, Founding Partner, and Benoist Grossmann, Managing Partner, Idinvest Partners is a pan-European vc/private equity firm focused on the mid-market segment and more than €6.95 billion under management.
The firm has invested in such successful companies as Talend (currently listed on The Nasdaq Stock Market), Withings (acquired by global telecommunicaitons leader Nokia) and Vestiaire Collective and Sigfox.