WHEN ACCOUNTANTS BECOME VENTURE CAPITALISTS
September 1st, 2017
DUBLIN-based accountancy firm BDO is planning to start a new EUR100 million investment fund to assist fast expanding mid-sized Irish companies in unlocking further growth opportunities. This will be the successor fund to an already existing BDO Development Capital Fund (DCF) worth EUR75 million.
According to Andrew Bourg, Partner Corporate Investment & Business Advisory at BDO, the first fund will be fully invested by the end of this year (2017). The second fund will start late in the first quarter of 2018, or early in Q2, “driven by market demand.”
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