BlackRock announces final close of Kreos Capital VII venture growth fund

Fundraising includes commitments from several public and private pension schemes

Jonathan Stapleton
clock • 1 min read
The Kreos fund has a particular focus on the technology and healthcare sectors
Image:

The Kreos fund has a particular focus on the technology and healthcare sectors

BlackRock has announced the final close of its venture growth lending fund, Kreos Capital VII – surpassing its €1.2bn (£1.04bn) fundraising target with commitments from over 30 institutional investors, including several public and private pension funds.

The asset manager - which acquired Kreos Capital earlier this year - said the fund would continue Kreos' investment strategy of providing loans to high-growth companies across EMEA, with a particul...

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