POELLATH advises Nordwind Growth in structuring and successful fundraising of NC Growth Fund I
Nordwind Growth, technology-oriented growth investor based in Munich, successfully completed the placement of its new generation of funds in November 2023 with total capital commitments of EUR 145 million for the NC Growth Fund I.
Nordwind Growth focuses on high-growth technology companies headquartered in Germany, Austria or Switzerland. Since the first closing of the new fund last year, Nordwind Growth has already invested in four growing technology companies: Productsup, the leading company in the product-to-consumer (P2C) segment, Pimcore, a leading global open source PIM (product information management) and customer experience platform, aimpower, a German-based AI marketing technology company and cybersecurity provider DriveLock, with customers in the industrial and governmental sector.
With the NC Growth Fund I, Nordwind Growth has added a global, institutional LP base to the partnership, which invests alongside well-known entrepreneurs and industrial families who support the portfolio companies with their experience and networks.
POELLATH advised DPE on all contractual, regulatory and tax aspects of the fund structuring and formation, contractual documentation, marketing as well as on negotiations with investors including, among others, KfW Capital through the ERP – Venture Capital facility, with the following Berlin team:
- Uwe Bärenz (partner, co-lead, private funds)
- Ronald Buge (partner, private funds / tax)
- Dr. Tobias Lochen (associated partner, private funds / regulatory)
- Katja Replianchuk (senior associate, private funds)
- Dr. Jan Henrik Weischede (senior associate, private funds)
- Johanna Ritter (associate, private funds)
