The innovation funds managed by XAnge Private Equity are created for a period of seven years, with the possibility of a three-year extension.
Adopting a conservative approach, the management team allowed for the possibility of redemptions after the end of the sixth year, which is consistent with a desire to achieve optimum valuation in the life cycle of unlisted investments.
Nevertheless, the management team will strive to divest beginning in the sixth year, as any cash generated by the divestments can then be distributed to subscribers.
