E-Capital will launch in 2011 its third fund, E-Capital III.
Target commitment will be 80 M€ with a hard cap at 100 M€. E-Capital III will invest between € 4 and 10 Mio per investment, therefore aiming at a total portfolio of 10 to 12 companies.
It will make equity and quasi-equity investments in non-listed Belgian companies with a turnover between € 7.5 and 50 Mio or with an enterprise value between € 10 and 50 Mio. The Fund will privilege investments in proximity businesses with buy-and-build opportunities or business with major organic growth opportunities, both areas where it has experienced favourable returns.
It will be managed by E-Capital Partners, its General Partner, and advised by E‑Capital Equity Management, the advisory company of the E-Capital funds. The partners of E‑Capital have advised the previous E‑Capital funds since 2004 on 12 buyout transactions (19 including the add-ons).