The Estonian state fund of fund Smartcap has announced that SmartCap Defence Fund has launched its investments for fund managers, with the aim of making investments in a select number of venture capital and private equity funds that invest in military and dual-use companies.
The Estonian state fund of fund Smartcap has announced that SmartCap Defence Fund has launched its investments for fund managers, with the aim of making investments in a select number of venture capital and private equity funds that invest in military and dual-use companies.
In brief, SmartCap is looking for funds that have:
The Estonian state fund of fund Smartcap has announced that SmartCap Defence Fund has launched its investments for fund managers, with the aim of making investments in a select number of venture capital and private equity funds that invest in military and dual-use companies.
In brief, SmartCap is looking for funds that have:
- Refined investment strategy focused on defence and security companies.
- Experienced investment team with relevant expertise, a proven track record, and the capacity to execute the strategy.
- Competitive investment terms and suitable legal framework aligned with best market practices.
- Strong fundraising ability and outlook, with clear fundraising agenda to raise at least 30% funding from independent private investors at the fund level.
SmartCap invests alongside and on equal terms with private investors. Their aim is to make investments ranging from €5 to €20 million per fund. The investment period for the fund will remain open until there is availability of allocated resources for fund investments.
- Please find additional information on SmartCap webpage: https://smartcap.ee/defence-fund/
- In case of questions, please reach out to: investments@smartcap.ee