Investeringsfonds Groningen (IFG) is currently participating in five investment funds:
Carduso Capital (2015), Acquisitiefonds Groningen (2016), G-Force Capital (2017), Pharma Connect Capital (2017) and Berk Partners Groeifonds (2018).
IFG has committed a total of €34 million in fund capital, exceeding the expectations formulated at the time it was established. Carduso Capital, Acquisitiefonds Groningen and Berk Partners have financed 16 companies, with 171 jobs at present, 106 of which are in the province of Groningen. The commitments and investments through IFG have attracted over €126 million in external capital and if co-investments at company level are also included, this amount rises to € 132 million. This means a capital multiplier of 4.8.
Based on the current pipeline, it is considered to be highly likely that a new fund investment can be reported in Q 2 2019. Expectations are that the total number of participating interests in companies by all funds together will exceed 35 in 2019, representing around 250 direct jobs. The first exits are expected in 2020.