Holtzbrinck remains an investor in HV Capital, contributing to the venture firm's latest vehicle, the $489m HV Coco Growth fund.
HV Capital, the Germany-based venture capital firm spun off by publisher Holtzbrinck Publishing Group, launched a €430m ($489m) continuation fund yesterday to continue supporting portfolio companies in later-stage deals.
The vehicle, HV Coco Growth, will take over all existing investments from the firm’s HV IV and HV V funds as well as its HV Co-investment funds, which made investments from 2010 to 2015. It is billed as the first of its kind to be launched in Germany.
Private equity firm…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.