Since the launch of MIP’s first fund in November last year, the first closing has been oversubscribed three times over. By investing approximately €100 million in other private equity funds, Marktlink’s associates, nearly all of whom are successful entrepreneurs themselves, help business owners to achieve their objectives, including when it comes to growth. Fundraising is expected to close to new investors in May this year, six months earlier than originally anticipated.
MIP invests with its fund in multiple private equity funds, thus creating a diversified portfolio of investments in over 100 European SMEs. This gives retail investors diversified access to the best funds, which would normally be inaccessible to them.
Over the last 25 years, Marktlink has helped hundreds of entrepreneurs with the sale and purchase of their businesses. “Almost half of the transactions involve a private equity investor either directly or working in the background”, says Tim van der Meer, a partner at Marktlink and one of the driving forces behind the new investment company. “Every day we see the importance of this form of capital for growing organisations, and we want to complement these private equity funds, which normally raise capital primarily from large professional investors, such as pension funds and insurers.”
“We always felt it was a missed opportunity that investing in healthy, unlisted companies where private equity funds are owners or co-owners was the almost exclusive preserve of professional investors. And it was this that drove us to start MIP. Our initial goal was to raise EUR 60 million with our first fund by the end of 2021. Given the high level of interest in this first fund, we expect to complete the final closing before the summer, at a total amount of about EUR 100 million. This means there is still limited room for new investors.”