At a glance
- KfW's participation puts a national development bank alongside a large asset manager and a private-markets investor in the same early-stage pool.
- Because the fund is closed, advisors seeking client exposure to this vintage would need to buy through a feeder or secondary purchase rather than at primary terms.
- The fee and minimum commitment were not disclosed.
Redalpine closed its eighth early-stage fund with $250 million in commitments, an oversubscribed total that drew institutional investors including Aviva Investors, Flexstone Partners and German development bank KfW, AltAssets reported.
KfW's participation puts a national development bank alongside a large asset manager and a private-markets investor in the same early-stage pool.
Because the fund is closed, advisors seeking client exposure to this vintage would need to buy through a feeder or secondary purchase rather than at primary terms. The fee and minimum commitment were not disclosed.
Reported by the Venture Capital desk from AltAssets. Published . Corrections