Institutional investors gain access to best-in-class European venture capital opportunities
Amsterdam, NL, July 17, 2023 – Wilshire is pleased to announce that it has raised €115 million from a set of high-pedigree institutional investors in the final close of its European Venture Capital Fund II (“Fund II”).
Fund II follows the successful investment strategy of its predecessor fund, seeking to invest in venture capital funds raised by leading European fund managers. Fund assets are allocated across seed-, early- and late- stage venture capital opportunities, with research focused on locating high-quality companies that are attractively valued.
With the European venture capital market at an inflection point, we believe investors benefit from building exposure to this compelling, underserved segment of the private markets, given its potential to generate outsized returns. A group of best-in-class firms is emerging in Europe because of the specific nature of venture capital investing, similar to what happened in the United States 15 to 20 years ago.
Fund II follows a legacy of fully discretionary private markets investment vehicles sponsored by Wilshire. Wilshire has launched over 50 discretionary vehicles and has been advising clients on private equity strategies since 1984. Fund II leverages the firm’s global investment and macroeconomic private markets research capabilities, extensive local sourcing and due diligence, and proprietary financial and risk modelling tools. Furthermore, Fund II capitalizes on Wilshire’s two decades of venture capital investing experience in Europe.
Wilshire’s European Venture Capital Fund III which will follow the same pan-European approach is expected to start fundraising at the end of 2023.
Wilshire is a global provider of market-leading indexes, advanced analytics, and multi-asset investment solutions. A trusted partner toa diverse range of more than 500 leading institutional investors and financial intermediaries, our clients rely on us to improve investment outcomes for a better future. Wilshire advises on over $1.3 trillion in assets and manages $86 billion in assets and is headquartered in the United States with offices worldwide.
More information on Wilshire can be found at www.wilshire.com.
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