Former RTL Ventures managing director Vincent Pieterson has left the unit to set up asset management firm Averest Capital.
Vincent Pieterson, formerly a managing director at RTL Ventures, Luxembourg-based media company RTL Group’s corporate venturing arm, co-founded asset management firm Averest Capital in September this year.
As a managing partner at Averest Capital, Pieterson will be responsible for deal execution, strategy, innovation and sustainability for its portfolio companies.
The €30m ($34m) fund will invest in Netherlands-based agritech, biotech, construction and retail businesses in the middle market. Each transaction will be between €5m and €10m.
Prior to setting up Averest,…
