Noteus Partners raises €413m for the Noteus Bridge Fund, the firm’s first institutional investment vehicle

Noteus Partners has announced the close of its first institutional investment vehicle, the Noteus Bridge Fund at €413m. The fund closed above the initial hard cap, and significantly above the €375m target.

The fund has acquired interests in seven companies where the team has had long-standing prior relationships, with committed blind pool capital for follow-on and new investments. The portfolio contains category leading, fast growing and scaled European tech companies including Fever, Neo4j, and TravelPerk.

Noteus is an independent, specialist pan-European growth tech investor. The new fund firmly establishes Noteus as a clear leader in the space. The team has 70+ years of growth equity experience and local presence across Europe’s major innovation hubs.

The oversubscribed fund reached its hard cap, which was increased during the accelerated nine-month capital raise. The fund included sizeable commitments from a diversified group of blue chip European, North American, and Asian institutional LPs, including sovereign wealth funds, pensions, and OCIOs.

Rede Partners is proud to have acted as exclusive advisor to Noteus on its first institutional investment vehicle.