BlueOcean Ventures SA announces the launch of its new private equity fund with a total capital of CHF 25 million
Geneva/Switzerland, October 8, 2015 – BlueOcean Ventures SA announced today that it has made a first closing of its private equity fund with a target size of CHF 25 million. Anchor investors include Swiss and foreign family offices and the Swiss pension fund Prévoyance Santé Valais (PRESV).
“After having invested in 9 Swiss start-up companies since 2008, the creation of a fund structure represents a major milestone in the history of BlueOcean Ventures.” said Faris Sabeti, Co-founder and General Partner of BlueOcean Ventures.
“BlueOcean Ventures offers Swiss pension funds, family offices and qualified individual investors an opportunity to invest in privately held Swiss high tech companies aiming to benefit from this high return asset class.” pointed out Emmanuel de Watteville, Co-Founder and General Partner of BlueOcean Ventures.
Thomas Zehnder, General Partner of BlueOcean Ventures added: “With its exceptional technical university infrastructure and the longstanding track record in medical devices and life science, Switzerland is offering excellent investment opportunities in this sector.”
About BlueOcean Ventures SA
BlueOcean Ventures invests in early stage medical device and life science companies in Switzerland since 2008. Unlike other funds the four General Partners of BlueOcean Ventures, Faris Sabeti, Emmanuel de Watteville, Sacha Haymoz and Thomas Zehnder, have a longstanding track record in building, managing and coaching start-up companies. The team has good insight into the Swiss high- tech deal flow. BlueOcean Ventures supports their portfolio companies with a large network of experts & industry contacts and invests CHF 2 to 3 million per company, typically with an initial investment at Seed stage or the Series A financing round.
For more information regarding BlueOcean Ventures, go to: www.blueocean-ventures.com