Skip to content
Advertisement

Business

Innova Capital raises €194 mln for Innova/6 fund

20:30

A private equity firm Innova Capital confirmed the first closure of the fund Innova/6  with €194 million, the fund said.  The minimum capital level for this fund was set at €150 million. Over the 12 months before the first closure, Innova reached 60 percent of the investment limit of  €325 million, the fund added.  Over 60 percent of the capital came from the investors who participated in previous funds, and the rest accounted for the new investors.  Half of the accumulated capital was raised from commercial investors, while the other half came from international financial institutions.

More from Business All