News – Venture Capital & Private Equity practice
26 January 2015
Cresco acted as lead counsel to the general partner in the structuring, formation and fundraising of SmartFin Capital, a long-term oriented private equity investment vehicle managed by a team that combines both successful private equity and international entrepreneurial experience.
SmartFin Capital, structured as a tax efficient private privak, provides expansion and secondary capital to private growth companies in smart technologies with a special focus on financial technologies that display the potential for significant value creation in existing market segments with significant growth potential in Europe and the United Kingdom.
The fund secured total commitments in the amount of approximately EUR 35 million upon its initial closing and is aiming for a total fund size of EUR 75 million.
David Dessers, Pieter Capiau and Wim Van Berendoncks constituted the deal team for this transaction.