DanBAN has great news! FT, The Danish Financial Supervisory Authority has approved the registration application for DanBAN’s AIF fund, called DanBAN Co-investment Fund I K/S. The 5mill € fund, which is projected to close in February 2021, will act as sidecar fund to the 30-40 DanBAN angel syndicates that are formed every year.
DanBAN’s long term objective is to launch such a fund every year. This will give their members, including future members, the opportunity to invest 100.000€ and gain a portfolio of 30-40 investments. Another milestone for the network’s development!