Brief: Quest for Growth commits 15 million euros to the Capricorn Sustainable Chemistry Fund (CSCF)

Quest for Growth NV

23/12/2016 14:40

Dec 23 (Reuters) - Quest For Growth NV  QUFG.BR : 
    * Quest for Growth commits 15 million euros ($15.65 million) 
to the Capricorn Sustainable Chemistry Fund (CSCF) 
    * Other key investors in this first closing are 
ARKimedesFonds II (Participatiemaatschappij Vlaanderen), FPIM 
(Federale Participatie en Investeringsmaatschappij), SRIW 
(Société Régionale d'Investissement de Wallonie), family offices 
and entrepreneurs 
    * Of that commitment 3.75 million euros will be invested 
immediately and the remaining amount will be called over the 
life of CSCF 
    * The objective of the fund is to create shareholder value 
through financial return combined with the sustainability impact 
of the planned investments 
    * Capricorn sustainable chemistry fund is off to a strong 
start, with 50 million euros in committed capital, and 
additional commitments and indications of significant interest 
    * The fund will extend its investor base in the next 12 
months, and expects a final closing in the  100150 million 
euros range 
 
Source text: http://bit.ly/2iknXUx 
Further company coverage:  QUFG.BR  
 
($1 = 0.9582 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))