Quadrille Capital has held an initial closing of its new fund Quadrille Technologies III at EUR65 million. The fund is aiming to raise EUR100 million, with a hard cap at EUR150 million.
It is the first innovation-focused fund (FPCI) for Quadrille Capital since becoming independent from Quilvest.
This initial closing includes several institutional investors, most of whom participated in the previous fund. The trust placed in the fund by BPIFRANCE, 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 EUR500 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.
