In December, the European Investment Fund based in Luxemburg has committed € 12,4 Mio in E-Capital III (S.C.A.) SICAR. The total fund’s commitments have therefore reached € 95 Mio, i.e. well beyond the € 80 Mio minimal target size and close to the € 100 Mio hard cap. Two thirds of the funds raised are coming from private investors and one third from institutional investors (funds of funds). E-Capital III (S.C.A.) SICAR shall close its fund raising – with no doubt- before June 2012.