BNP Paribas Fortis Private Equity

BNP Paribas Fortis Private Equity is a venture capital and private equity investment arm of BNP Paribas Fortis SA/NV specializing in fund of funds and direct investments. In direct investments, the firm specializes in mezzanine financing, buyouts, development capital, replacement capital, mature, later stage, mid venture, late venture, growth capital, and middle market transactions. Within fund of fund investments, it invests in private equity funds, venture capital funds, and mezzanine funds. The firm does not invest in defence industry, property development, and real estate. It seeks to invest across all sectors. The firm primarily invests in medium sized companies in Europe and North America including Spain and France with a focus on Benelux region. In Spain, the firm operates through Nazca Capital S.G.E.C.R. (Nazca). In Netherlands, the firm seeks to provide private equity to undervalued and/or undermanaged companies in which the specific turnaround expertise will be used to implement the necessary steps. For the fund of funds, the firm targets primary funds in buy-out, venture capital, diversified, niche, and seeks to invest in Europe, North America, and Asia. It selectively co-invest in transactions ranging between €5 million ($5.92 million) and €30 million ($35.55 million). The firm typically invests between $0.6 million and €58.48 million ($67.79 million) in equity per transaction in companies with enterprise values between €17 million ($20.34 million) and €175million ($203.38 million). It prefer to have minority, and majority stake in companies. The firm typically invests for four to seven years. A proportion of the capital is also allocated to secondary investment opportunities. It also co-invests in later-stage transactions in Europe, initiated by the private equity funds in which it invests. BNP Paribas Fortis Private Equity was founded in 1982 and is based in Brussels, Belgium.