|
Almeida Capital is pleased to be a premier sponsor of AltAssets
|
FREE newsletter RSS
INTELLIGENCE
RECRUITMENT
KNOWLEDGE BANK
EVENTS
SECTOR ANALYSIS
HEDGE FUNDS
|
PRINT THIS PAGE Rabobank sells Gilde Investment Management to management team07/09/2005. Source: AltAssets. 
 Rabobank has sold its subsidiary Gilde Investment Management, a provider of risk-bearing capital, to the current management team. Rabobank plans to continue to invest in Gilde funds.
Boudewijn Molenaar, chairman of the board of Gilde Investment Management, said, 'We are pleased that we have been able to reach an agreement with Rabobank. This arrangement provides Gilde with greater scope to further expand its leading position in the market for large and medium-sized buy-outs.'
Hans ten Cate, member of the Executive Board of Rabobank Group, added, 'Independence will place Gilde Investment Management in a stronger position to attract investors. It constitutes the best conceivable strategic option for Gilde. Rabobank will, however, continue to invest in Gilde funds.'
Gilde focuses primarily on situations involving business succession, buy-outs and the growth of innovative companies. Gilde currently has €1.5bn in funds under management.
Gilde's active funds currently comprise Gilde Buy-Out funds I, II and III, Gilde Europe Food & Agribusiness Fund BV (Gilde Biotech) and Gilde Participaties BV (Gilde Equity Investments).
Rabobank will remain active as a provider of risk-bearing capital through Rabo Private Equity. Rabo Private Equity invests in Dutch companies via buy-outs and growth financing and focuses on minority participating interests.
Copyright © 2005 AltAssets
|
 
|
|
|
