Kapital 1852 launches new venture capital fund of funds

The portfolio of Hauck Aufhäuser Lampe-Investmentmanagers should eventually include up to 16 target funds.

Düsseldorf-based Kapital 1852 is launching a new venture capital fund of funds with a target volume of USD 120 million. The private markets platform of Bankhaus Hauck Aufhäuser Lampe is thus continuing its investment strategy. The target return of 18 percent per year is to be ensured by investing in twelve to 16 target funds of large venture capital fund managers. According to Kapital 1852, these should all have "a proven and veritable track record, high reputation and experienced investment teams."

The money is to go into digital technologies, mainly software, AI and the healthcare industry. Geographically, the fund managers are targeting what they say are "institutionalized markets" - that is, North America, Europe, Israel, Asia and Latin America.

This new fund of funds, called Equity Invest V, is part of Kapital 1852's fourth VC strategy in more than eight years. The company says it employs more than 500 VC managers, who also manage the broadly diversified investments of the new fund of funds.