LUXEMBOURG - Eiger Capital, a new fund-of-funds management company has been launched in Luxembourg.
Set up by a team of experienced venture capitalists, Eiger Capital will specialise in the creation and management of private equity fund of funds with an initial focus on the European technology sector.
Headed by Roger Pett, previously head of enture capital at the Luxembourg based European Investment Fund, Eiger Capital is a joint venture between its three managers and the French private equity firm; Financière Natexis Banques Populaires.
Announcing the creation of the management company, Roger Pett said, "We are creating a truly European entity with the capacity to deliver an attractive investment product to international institutions wanting to benefit from the best technology fund managers in Europe.”
Eiger Capital’s first launch will be a pan European Venture Capital fund in the autumn. Targeted at institutional investors, it will offer cost effective access to smaller growth funds with a technology flavour.