Rabo Frontier Ventures (RFV), the strategic fund formed by financial services firm Rabobank, provided an undisclosed amount of capital for UK-based growth equity firm Greyhound Capital’s $195m second fund yesterday.
Founded in 2015, Greyhound Capital invests in growth-stage technology-focused companies. Its portfolio includes finance-focused N26, the digital bank valued at $3.5bn, and Marqeta, the payment card issuer that most recently raised money at a $4.3bn valuation.
Greyhound Capital Partners II reached the $195m figure earlier this month according to a regulatory filing. RFV is interested in leveraging its links to investments in the financial, insurance and software technology sectors.
RFV managing partner Jeroen van Doornik said: “Greyhound Capital’s strategy and investment focus has proven itself and matches well with our strategy of investing in leading funds and working with general partners on selective co-investments.
“The existing portfolio proves that Greyhound Capital is a partner of choice to outstanding teams resulting in exceptional performance.
“Furthermore, the portfolio construction that Greyhound Capital continues to build appears to be very resilient to the Covid-19 environment, is very relevant to our space and we anticipate bringing our complimentary experience to benefit the entrepreneurs. The agile team set-up, combined with the strategy and focus makes Greyhound Capital a great partner for us”
