On april 19th an investor meeting of the Anders Invest Evergreen Fund took place at the premises of Bos Machines BV in Vianen. During this meeting the members ratified a dividend of 2.5% on the total commitment. Due to two concrete investment opportunities and a large number of other chances in the pipeline the fund management expects to re-open the fund coming summer.
The portfolio of Anders Invest, which currently consists of six Dutch production companies, is doing well. All companies show a healthy topline and bottomline development. The initial expectation was to be able to pay dividends from the third year after the start of the fund. A number of portfolio companies performs very well though, enabling a dividend payment in one year. This is an important milestone for the fund because it does not have a fixed end date and therefore focuses on yearly dividend payments. The team of Anders Invest intensively cooperates with the companies to create long term value which enables high and stable yearly dividend payments. The intensive cooperation with the management of the companies led in the previous period to and add-on investment, operational optimization, new product development and IT implementations.
Anders Invest is maintaining close contact with many small-and-medium sized production companies in order to extend the portfolio. Two potential portfolio companies are currently in due diligence phase to prepare for an investment by the fund. Due to the large number of other investment opportunities the fund management expects to re-open the fund again coming summer. The goal of this third capital round is to raise € 7 - 10 million on top of the current fund volume of € 18 million. This is in line with the initial goal to increase the fund to € 50 million in 5 years.