The Munich company builder Venture Stars has successfully completed the fundraising for its first venture capital fund. The Venture Stars Portfoliobeteiligungsgesellschaft I GmbH & Co. KG focuses on investments in digital business models in the areas of e-commerce, online marketplaces and e-services.
The fund was closed with a maximum amount of the subscribed capital of EUR 15 million, which significantly exceeded the target volume. The investors comprise a group of experienced private investors, family offices and institutional investors.
P+P Pöllath + Partners advised Venture Stars on all aspects of fund structuring, contractual documentation and the negotiations with investors with the following Berlin private funds team:
* Philip Schwarz van Berk (partner)
* Fabian Euhus (counsel)
* Christian Hillebrand (associate)