Fund-of-funds approach
Selection is the advantage.
Euro VC does not invest directly in companies. We select venture capital funds, examine the managers behind them and combine those relationships into a Europe or Global allocation.
Where we allocate.
Structure
Commitments exclusively to selected venture capital funds. No direct company investing.
Stage
Underlying exposure focused on Series A and beyond.
Geography
Choose a Europe-focused strategy or a broader Global strategy.
Industry
Industry agnostic. Manager quality, strategy and portfolio fit determine selection.
Vestiaire Collective, France. An underlying portfolio company held through a selected VC fund.
One standard across managers
Five decisions, in order.
Step I
Map the manager universe
Identify VC funds whose stage, geography, team and sourcing advantage fit the Europe or Global mandate.
Step II
Test the record
Separate realised outcomes from paper value and examine attribution, loss ratios, reserves, team continuity and fund-level performance.
Step III
Examine the strategy
Assess how the fund sources, selects, sizes and supports investments, and where it adds distinct exposure to the wider allocation.
Step IV
Negotiate access and terms
Review fees, governance, reporting, conflicts and the commercial terms available through the Euro VC relationship.
Step V
Construct and monitor
Combine selected funds deliberately, then monitor cash flows, underlying holdings, valuations, exits and concentration.
Investment principles
Judgment before momentum.
Manager quality before brand
A famous fund is not automatically the right fund. The people, process, record, alignment and strategy must withstand examination.
Attribution before logos
Performance must belong to the team and vehicle presenting it. Underlying company outcomes must never be presented as direct Euro VC investments.
Diversification with purpose
More funds do not automatically create a better allocation. Each manager must add a clear source of exposure or return.
Outcomes before marks
Interim valuations matter. Cash returned to investors matters more.
Andreas Nordaard · Partner
Manager insight. One allocation standard.
Two geographic strategies
European focus. Global reach.
The European Network
Europe-focused venture capital fund of funds
Selected VC funds with underlying exposure focused on European technology and growth companies.
The Global Constellation
Globally diversified venture capital fund of funds
Selected VC funds across leading venture markets worldwide, including Europe.
Both strategies are industry agnostic and focus on underlying exposure from Series A onward.
Investor options.
Institutional and individual investors can review access to The European Network and The Global Constellation on the Investors page.