This is Europe’s largest fund focused on the Internet sector.
Rocket Internet has successfully raised USD 1.0 billion dedicated to early stage and growth equity investments in the global Internet sector. The fund known as “The Rocket Internet Capital Partners fund” (“RICP” or the “Fund”) is focused on generating strong returns for investors by investing in market-leading, high growth Internet related businesses.
In addition to access to significant financial capital, RICP leverages Rocket Internet SE’s (“Rocket Internet”) sector know-how, regional and operational expertise as well as its deep network, global reach and access to portfolio companies. The Fund provides funding over the lifecycle of high growth Internet businesses.
RICP seeks to invest in key focus areas of the Internet sector including marketplaces,
e-commerce, financial technology, software and travel. RICP received strong backing from a diverse group of global investors, including financial institutions, pension funds, asset managers, foundations and high net worth individuals. Rocket Internet has contributed ca. 14% of the overall commitments.
According to Oliver Samwer, Rocket Internet’s CEO, “RICP having reached the hard cap of USD 1.0 billion shows the strong interest of leading investors, who share the enthusiasm for the attractive investment opportunity RICP presents.”
Goldman Sachs International acted as placement agent for the Fund.
