Crescenta Seals Strategic Alliance with Mercer and Launches Its First Secondary Venture Capital Fund

Cuatrecasas has advised Crescenta—a digital management company of collective investment undertakings specializing in private equity funds—on creating a joint venture with Mercer Global Investments Europe for the launch of "Crescenta Private Equity Secondaries I, FCR,” its first secondary venture capital fund.

The fund will invest in GP-led and LP-led transactions in the secondary market, focusing on developed markets. It aims at acquiring good quality mature assets and positions at attractive prices, based on a solid diversification criterion and the search for a balanced risk-return profile.

The lifespan of the new fund is estimated at eight years, with the possibility of extending it to ensure good management. It is available to retail and professional investors with a minimum commitment of €10,000, to be paid in installments.