Summary sheet
Risk finance participation in the German Venture Capital (VC) Fund Wachstumsfonds Bayern 2, which is backed by the Bavarian Regional Promotional Bank LfA. The VC-Fund undertakes investments in life science and technology companies alongside private co-investors.
The project objective is to strengthen the capital base and to provide capital for companies in the growth phase.
In accordance with the Bank's policy to ensure that the investments carried out by the portfolio companies comply with the EU acquis in the field of environment, the Bank will require the Fund Manager to take all the requisite measures to ensure that the portfolio companies in which the Fund invests comply with relevant EU legislation and applicable national legislation, provided that it is in conformity with EU rules.
The Fund Manager will be required to ensure that implementation of the underlying projects is done in accordance with applicable national and EU legislation, as appropriate.