CapCorp Investments N.V.
CapCorp Investments N.V. ("the Fund" or "CapCorp") is a Netherlands Antilles company that invests in US venture capital and private equity funds through a fund-of-funds strategy. This multi-manager strategy is employed to generate long-term capital gains for investors.
CapCorp 747 Management N.V. is Managing Director and Investment Advisor of the Fund. This firm is a Netherlands Antilles company and is related to 747 Capital LLC in New York, whose principals are Mr. Marc der Kinderen and Mr. Gijs van Thiel. 747 Capital LLC supports the Managing Director on its investment management, under a delegation agreement.
CapCorp is a fund designed to invest in a diversified portfolio of private equity. The investments of CapCorp are primarily in a number of different US private equity partnerships, including venture capital, buyout and mezzanine investment funds, which in turn invest in portfolio companies.
The investment objective is to achieve a significant return on investment. CapCorp is suitable for investors who understand and are willing to accept the risks of seeking long-term capital appreciation through participation in a professionally managed portfolio, which primarily includes non-publicly traded securities. The diversification of investments has been achieved by the selection of a limited number of direct investments and quality funds, which invest in a specific development stage of a company or partnership combined with a focus on carefully selected industries, such as technology, healthcare and manufacturing.
During the annual meeting of shareholders of 2001, it was agreed that the Fund would enter its harvesting phase in 2002. The Managing Director at that time, proposed to continue making investment commitments to private equity funds through 2002, in order to capitalize on the perceived attractive valuations in the US market. At the same time, a dividend distribution was agreed upon and it was proposed and accepted that CapCorp would focus on reducing expenses and making distributions to shareholders with the expectation that the Fund will be fully realized by the year 2010.
The management of CapCorp comprises of CapCorp 747 Management N.V., as the Curacao based director, and CapCorp NL Management B.V., as the Dutch based director. CapCorp NL Management B.V. has been granted a licence by the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten) ("AFM") under the Dutch Financial Supervision Act (Wet op het financieel toezicht). By having a licensed director in the Netherlands CapCorp is authorized to issue or sell shares in its capital in and from the Netherlands. Apart from the Dutch supervision by the AFM, CapCorp also became subject to supervision by the Bank van de Nederlandse Antillen ("BNA") according to the National Ordinance on the Supervision of Investment Institutions, which was implemented on January 1, 2003.
The contact details of the Curacao based director are:
CapCorp 747 Management N.V.
F.a.o. Mr. M.J.M. der Kinderen and/or Mr. E. Rakers
Pietermaai 15
P.O. Box 4911
Willemstad, Curacao
The Netherlands Antilles
Tel: (5999) 4618 866
The contact details of the Dutch based director are:
CapCorp NL Management B.V.
F.a.o. Mr. H.J. Hietink and/or Mr. J.C.W. van Burg
Strawinskylaan 3105
1077 ZX Amsterdam
P.O. Box 71744
1008 DE Amsterdam
The Netherlands
Tel: +31 (0)20 4064444
If you wish to receive any of the CapCorp related documents displayed on this website in printed form please contact Mr. Marc der Kinderen who will supply the requested document to you at no expense.