Crestbridge’s team in Luxembourg has provided a range of services to support the successful close of Hiro Capital’s latest fund, bolstering its existing relationship with the innovative tech-focused Venture Capital firm.
Crestbridge’s team in Luxembourg has provided a range of services to support the successful close of Hiro Capital’s latest fund, bolstering its existing relationship with the innovative tech-focused Venture Capital firm.
Drawing on its well-established Management Company (ManCo) platform in Luxembourg, Crestbridge was appointed as the EuVECA Manager whilst the firm also provided a range of fund administration, accounting, and reporting services to support the launch of the €300 million ‘Hiro Capital II’ fund.
The fund is Hiro Capital’s second venture capital fund in three years and will target early-stage games and Metaverse innovators across the UK, Europe, and North America.
The partnership represents an extension of Crestbridge’s long-term relationship with Hiro Capital, a leading specialist European Venture Capital firm focused on videogames, Metaverse technologies, creator platforms, and gamified fitness. Crestbridge’s Luxembourg team also provided AIFM services to the investment firm’s first fund launch in 2019, a fund that has since reached €115m and made 21 investments in leading emerging games studios and gamified fitness and creator platform stars.
