- Yolo Investments has launched its recent Yolo II L.P fund which will elevate capital for expansion into blockchain and other rising sectors.
London, UK, 21st December 2023, ZEX PR WIRE, Yolo Investments has launched the launch of its recent flagship investment fund, concentrated on a capital elevate of €100 million, as it additional expands its like a flash-rising ecosystem of investments all the arrangement by gaming, blockchain, fintech and other technologies such as renewable energies.
Yolo Fund II L.P
Building on its outdated fund, Yolo Investment’s recent fund, Yolo Fund II L.P., is structured as a Guernsey-registered restricted partnership and is licensed by the Guernsey Monetary Companies Fee (GFSC).
Yolo Investments’ first flagship fund, launched in 2019, invested in over 100 resources, spanning an AUM (resources beneath management) above €600 million, with an IRR (inside of return charge) exceeding 40%. In tandem with the fund’s approval, the GFSC also accredited the investment supervisor license for Yolo GP Restricted, which will act because the fund’s investment supervisor.
Tim Heath, Founder and GP at Yolo Investments, mentioned that:
“Over the last few years, Yolo Investments has grown from a straightforward philosophy to leverage Normal Associate skills, capital and network to serve early-stage firms thrive into a longtime Project Capital fund with bigger than half one billion euros in resources beneath management. With the launch of Yolo Fund II, we’re even better positioned to establish and abet excessive-inform potential opportunities all the arrangement by gaming, fintech, and blockchain.”
The €100m fund will constitute an initial elevate of €50m, alongside which a additional €50m will be committed by Yolo Investments GPs, and invested into globally disbursed gaming, fintech, and blockchain-related asset classes.
About Yolo Investments
Yolo Investments is a project capital company centered on seed and A-stage investment opportunities all the arrangement by the gaming, crypto and fintech sectors. Primarily based fully in Guernsey, Yolo Investment’s mission is to put money into tech startups led by famed folk with intellectual suggestions centered on innovation and disrupting the trade norms.
For more records, please streak to: https://yolo.io
Media Contact Crucial factors
Contact Name: Claudia Lama
Yolo Investments is the source of this screech material. This Press Initiating is for informational functions handiest. The records does no longer constitute investment recommendation or an offer to speculate.
Printed On: December 21, 2023
