CriteriaCaixa Invests €100 Million in Mundiventures
Deal News | Dec 23, 2024 | Alma Mundi Ventures SGEIC SA
CriteriaCaixa, the investment holding company of the La Caixa Foundation, has committed €100 million to Mundiventures, a fund managed by Alma Mundi Ventures SGEIC SA. This investment forms part of CriteriaCaixa's strategy to maintain 'influence' in its significant portfolio, which includes stakes in Telefónica, Naturgy, and CaixaBank, and to diversify its investments across a broader spectrum of businesses. Additionally, CriteriaCaixa is finalizing its entry into 'Kembara Fund I,' a vehicle with a target size of €1 billion managed by Alma Mundi Ventures, highlighting its continued commitment to strategic growth and investment in innovative enterprises.
Sectors
- Private Equity
- Investment Management
Geography
- Spain – Both CriteriaCaixa and Alma Mundi Ventures are based in Spain, and the investment activities discussed in the article take place within the Spanish financial landscape.
Industry
- Private Equity – The investment by CriteriaCaixa into Mundiventures and Kembara Fund I managed by Alma Mundi Ventures is a significant private equity transaction aimed at diversifying and enhancing their investment portfolio.
- Investment Management – The article discusses investments and fund management activities, primarily by CriteriaCaixa and Alma Mundi Ventures, highlighting their roles as investment managers in significant financial transactions.
Financials
- €100 million – The amount invested by CriteriaCaixa into Mundiventures.
- €1 billion – The target size for the Kembara Fund I managed by Alma Mundi Ventures.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CriteriaCaixa | Investor | Company | An investment holding company of the La Caixa Foundation, focusing on maintaining and expanding its influence through strategic investments. |
| Alma Mundi Ventures SGEIC SA | Fund Manager | Company | A private equity firm managing the Mundiventures fund and Kembara Fund I, specializing in attracting investments for innovative projects. |
| Mundiventures | Target Fund | Company | A fund managed by Alma Mundi Ventures, which received a €100 million investment from CriteriaCaixa. |
| Kembara Fund I | Future Investment Vehicle | Company | An investment vehicle managed by Alma Mundi Ventures, with a target size of €1 billion aimed at strategic growth investments. |