WHEN ASSESSING WHETHER TO INVEST IN A FUND WE LOOK AT A NUMBER OF CRITERIA, INCLUDING THE FOLLOWING:
The team in question has relevant experience, and together the team members possess the necessary strategic and operational knowledge to successfully manage the fund. The team members must be able to demonstrate that they work well together and that they have access to a strong network which can support their investment strategy.
There is a clearly defined investment strategy, which in detail describes the value creation in the companies until their exit. The investments must comply with fundamental social and ethical principles.
That the team is amongst the best investors in its field and has demonstrated its ability to create returns on invested capital from earlier or current investments. Results must be documented in relation to the selection of investments, the structuring of investments, the development of portfolio companies and exit.
That structured work procedures have been implemented, ensuring a consistent and efficient execution of the investment strategy. Work is systematic in relation to value creation and risk management demonstrating clear structures for the division of responsibilities. The processes cover documentation and communication – including reporting.
Structure and key terms
The fund has a clear legal and fiscal structure with transparent terms that conform to market practice and balances returns and risks for all parties involved.
Note: In order to be considered for a possible investment by Dansk Vækstkapital it is a precondition that the above mentioned criteria are described in detail. You will need to send a Private Placement Memorandum of the fund which, in detail describes how the fund intends to meet Dansk Vækstkapital’s investment criteria.