Spain: Kibo Ventures launches new SME fund in collaboration with Oliver Wyman

Cuatrecasas has advised venture capital firm Kibo Ventures on the launch of “Nzyme,” a private equity fund set up to invest up to €200 million in small and medium-sized enterprises (SMEs) based in Spain.

The fund was officially registered with the Spanish Securities and Exchange Commission (CNMV) this April. It will focus its activity on investing in SMEs with outstanding development potential in which the implementation of new technologies may represent a turning point in boosting their productivity and growth. By doing so, they will have the opportunity to consolidate and expand internationally with the support of the fund’s advisors. These advisors will also be responsible for identifying areas in which to implement environmental, social and governance criteria to improve their long-term business and positively influence their impact on society.