First billion dollar founder-driven venture capital fund of funds continues mission to back top performing venture capital funds worldwide
AlphaQ Venture Capital (AQVC) named investment professional Britta Weidenbach as Chairwoman of the Supervisory Board. Weidenbach gathered 20+ years of investment experience as portfolio manager and executive in the global asset management industry. She is a former member of the Global Management Committee of the investment platform of DWS, having been responsible for equities EMEA and multiple billions of Euros in assets under management.
Weidenbach is going to support the AQVC team on its mission to back top performing venture capital funds worldwide. The innovative evergreen vehicle will have an initial fund volume of half a billion Euros and aims to grow this to over a billion in the next few years. Initiated and run by a team of experienced European startup founders and VC investors, it is AQVC's decisive effort to strengthen the venture capital ecosystem by backing established tier-1 and emerging breakout fund managers.
Britta Weidenbach: "With hundreds of new venture capital funds every year, the market is increasingly complex to cover. The team of AQVC has built broad relationships to select the best VC managers and successfully tapped into this network. They are setting up a unique fund of funds portfolio consisting of hard to access VCs and with a very compelling risk and return profile. I am looking forward to being part of this mission and working closely with the team."
Marius Weber, Founding Partner AQVC: "We are very excited to have Britta joining and heading our Supervisory Board as Chairwoman. She is one of the most experienced investment managers in Germany, having worked on a global scale. She is going to help us a lot with her great experience, network and character."
About AlphaQ Venture CapitalAQVC is an innovative fund of funds that invests into top performing venture capital funds worldwide. The initial target fund volume is half a billion Euros, which will be mainly invested in Europe, with exposure to the startup nation Israel and the homeland of venture capital, the United States. The fund is initiated and run by a team of successful startup founders and fund investment professionals. The company is domiciled in Germany, with its headquarter in Berlin and offices in Munich and London.
Press Contact AlphaQ Venture Capital GmbH press@aqvc.com