PATRIZIA completes first close of new EUR 100 million Sustainable Future Ventures VC Fund

PATRIZIA SE has completed the first close of a new EUR 100 million venture capital fund “Sustainable Future Ventures” (SFV).

Augsburg, 22 June 2022. PATRIZIA SE, a leading partner for global real assets, has completed the first close of a new EUR 100 million venture capital fund “Sustainable Future Ventures” (SFV). The initial close includes funds from a range of investors including pension funds and family offices, as well as strategic real estate operators and investors.

Wolfgang Egger, CEO and Founder of PATRIZIA, said: “We are delighted to see the successful first close of our new VC fund product which will play an important role in real asset’s journey to net-zero. Reducing our carbon footprint in construction and real estate is the biggest challenge of our time, so funding the companies who are at the cutting edge of sustainable innovation is absolutely essential. Besides real estate and infrastructure, venture capital as a product offers our clients the potential for attractive investment returns and strategic advantages, particularly for investors with real estate portfolios.”

Read the full press release at the link below