Venture capitalists Capricorn Venture Partners and Quest Management join forces

Jos B. Peeters comments on the merger: “After a year of very intense preparation our application to be recognized as a licensed investment manager by the Belgian FSMA is sufficiently advanced to announce the merger between Capricorn Venture Partners and Quest Management. As a result of the merger we not only have a team of 10 investment managers with a cumulative experience in venture capital in excess of 100 years but we can also rely on the knowledge and experience of the quoted securities manager. We manage or advise 4 funds with combined assets under management of about € 250 million. In recent years Capricorn Venture Partners invested significantly in the legal, regulatory and administrative structure of the organization. We focus on providing our investors with more, more relevant and timely reporting. We have an outstanding international reputation as a venture capital firm en we are perfectly placed to address all challenges posed by existing and upcoming regulatory requirements.”

In a reaction to the merger Professor Philippe Haspeslagh, chairman of the board of Capricorn Venture Partners said: “because of the merger our investors will benefit from the expanded financial and human resources available in the various investment sectors. Because of the merger Capricorn Venture Partners positions itself even stronger as an important, innovative player in the European technological investment management landscape.”

About Capricorn Venture Partners

Capricorn Venture Partners is an independent pan-European manager of venture capital funds that invest in innovative European companies with technology as competitive advantage.

Capricorn Venture Partners is the managing director of the Capricorn Cleantech Fund and the Capricorn Health-tech Fund. Capricorn Venture Partners is also the manager of Quest for Growth, quoted on the NYSE Euronext, Brussels and the investment advisor of the Quest Cleantech Fund, a compartment of the Quest Management Sicav, registered in Luxembourg.

The investment teams of Capricorn Venture Partners are composed of experienced investment managers with deep technology expertise and a broad industrial experience. They are experienced in managing both quoted as non-quoted investments of on European technology-based growth companies in the technology, cleantech and health-tech sector.

More information is available on http://www.capricorn.be/.