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…
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Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.