In sync with the celebration of Kreos‚Äôs 20-year anniversary, we are launching our latest and to date largest growth debt fund, the ‚Ç¨700m Kreos Capital VI, reinforcing our commitment to the European and Israeli growth ecosystem.
With the launch of Kreos VI, Kreos has reached a new milestone of having raised a total of $2bn of fund capital. Kreos V was launched three years ago and has since then committed ‚Ç¨740m to 100 growth companies. Kreos VI has started to deploy capital in January 2019 and we expect to invest approximately ‚Ç¨250-300m per annum over the coming years in some 100 companies. This will be in addition to our historical invested capital of ‚Ç¨2.3bn that we have so far committed in 540 growth debt transactions in Europe and Israel over the last 20 years.