Capricorn Venture Partners closes its Cleantech Fund at € 100 million

Leuven, 21 May 2008 - Last week Capricorn Venture Partners held the final closing of its Capricorn Cleantech Fund well above its original fundraising target, at over € 100 million. Three existing investors, PMV (ParticipatieMaatschappij Vlaanderen), Ethias and a Dutch pension fund, increased their participation in the fund. In addition Capricorn welcomed the Solvay Group as a strategic partner and over 15 private investors as new shareholders to the fund.

“These are exciting times,” says Dr Jos B. Peeters, managing partner of Capricorn Venture Partners, “We are proud to have a high profile and diversified investor base consisting of institutional investors such as the European Investment Fund, PMV, LRM and Dexia, as well as a number of strategic corporate partners like Electrabel/Suez, M.R.B.B and Solvay and over 20 private investors. With over Euro 100 million under management, the Capricorn Cleantech Fund will be among Europe’s leading specialist cleantech funds and we look forward to the growing investment opportunities that are arising every day.”

More info on the press release.