ABP Commits €1bn to European Venture Capital over Three Years
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10 Articles
Pension fund ABP will invest approximately one billion euros in innovative European companies over the next three years. The largest… announces the first step…
Reformatorisch Dagblad
ABP, the largest pension fund in the Netherlands, expects to invest approximately 1 billion euros in young, promising European companies over the next three years. ABP confirmed this following reports by the FD and the NOS. Initially, the pension fund will invest 250 million euros in the Scaleup Europe Fund, a fund aimed at investments in European technology companies.
Dutch pension fund ABP to invest €1 billion into fast-growing European tech firms
The Netherlands’ largest pension fund, ABP, will invest a total of one billion euros into start-ups and rapidly expanding European companies with the technology sector over the next three years. It will start with a 250 million-euro commitment to a European find for promising technology firms called the Scaleup Europe Fund, FD reports.
Pension fund ABP is investing one billion euros in European venture capital funds over the next three years. In doing so, it is meeting Brussels' wish to use more pension money to strengthen the European economy. This is reported by FD.
Pension fund ABP is going to invest in start-ups and fast-growing European companies. The largest pension fund in the Netherlands is starting with an investment of 250 million euros in a European fund for promising companies in the tech sector, the Scaleup Europe Fund. This fund was recently established by the European Commission and a number of European institutional investors. The goal is to enable European technology companies active in sect…
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