No fewer than thirteen institutional investors from nine countries subscribed. Eighty percent of these investors are existing investors in the first Halder-GIMV Germany fund.
As a sponsor, GIMV has invested €81.25m, or 25% of the total fund size.
The new fund will make 10 to 15 investments in the next five years and will target management buyouts, mainly of family businesses with an enterprise value of €25m to €300m.