Quadrille Capital announced Wednesday a 65 million euros (US$72.8 mln) initial close of its latest fund. The target of Quadrille Technologies III is 100 million euros with a 150 million euros hardcap. The pool is the first innovation-focused fund for Quadrille since it became independent from Quilvest.
Quadrille Capital has announced an initial closing of €65 million for its new fund, Quadrille Technologies III. The fund is aiming to raise €100 million, with a hard cap at €150 million. It is the first innovation-focused fund (FPCI) for Quadrille Capital since becoming independent from Quilvest.
This initial closing includes renowned institutional investors, most of which participated in the previous fund. The trust placed in the fund byBPIFRANCE, CNP, AG2R LA MONDIALE, ABN AMRO and PRÉVOIR Group, as well as European Family Offices, highlights the proven track record of a team with nearly 15 years of experience.
With more than €500 million under management, Quadrille Capital’s portfolio includes demonstrated international success stories in which it has invested directly, such as PriceMinister, Intarcia, Neotract, Appirio and Royalty Pharma, or through funds, such as Twitter, Dropbox, Spotify, Etsy or GoPro.