SmartCap Defence Fund Calls for Fund Managers
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
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