The initiative falls under the alternative investments business unit at WorxInvest and contributes to the further diversification of its portfolio. Within the fund of funds, the underlying funds will be diversified, both geographically (with companies from Europe and North America), and in terms of the industries in which the companies operate. The fund focuses on buyouts and growth capital funds, with a focus on small and medium-sized companies. Currently, Horizon already subscribed to five private equity funds: Alpine, Apheon, Inflexion, Main Capital and Verdane. These investments give an initial idea of the type of fund investments being pursued.
It is important to note that the fund of funds meets the Article 8 classification (‘light green’) according to the requirements imposed by the European Sustainable Finance Disclosure Regulation. This means that the investments within the fund promote positive environmental and/or social characteristics and that the companies invested in also have good governance.