Copenhagen-based IDC Ventures (IDCV), a venture capital platform within IDC Network, a global multi-fund asset manager, has launched VC4 FoF I (VC4), its first fund of funds, with a €150M cap.
The fund already secured approximately €33M in commitments during its first closing in January 2025.
VC4 FoF I is a fund of funds that aims to preserve capital while managing risk and return through diversification in top-quartile technology venture capital funds. It invests globally in innovative sectors, providing investors with access to the tech market.
VC4 has secured support from new and existing investors, including family offices, entrepreneurs, and industry professionals. Its General Partners have committed €15M, already deployed across 10 funds such as Soma Capital, G Squared, and Ensemble, which have backed companies like Deel, Airbnb, and Zoom.
Some of these funds have achieved returns of over 4x in previous investments. With its portfolio already appreciating in value, VC4 looks to avoid the J-curve effect, reflecting its focus on investing in industry leaders.
The J-curve effect explains how a country’s trade balance initially worsens before improving following a currency devaluation.
What to expect from the new fund?
VC4 offers investment opportunities in sectors driving economic growth while applying a capital preservation strategy suited to the technology market’s volatility. The fund diversifies across investment stages, regions, and technology sectors, balancing growth potential with a conservative approach.
Leveraging IDC Ventures’ experience, including exits in Spain like BIPI and investments in startups such as CookUnity, SuperSim, and RecargaPay, VC4 expands access to diversified venture capital.
With exclusive access to top-tier funds, it builds on relationships with over 100 funds through IDCV’s involvement in 40 portfolio companies, ensuring access to strategic investment opportunities.
VC4 will invest in nearly 30 venture capital funds, including established top-quartile funds and emerging managers. The focus will be on fintech, marketplaces, healthtech, and other technology sectors.
Investments will primarily target the US, Latin America, and Europe, with flexibility for additional opportunities.
Bobby Aitkenhead, Managing Director of IDCV, and Managing Partner Gonzalo Hinojosa lead the fund, bringing experience in technology, private equity, and investment management.
They are supported by Laura Sánchez-Quiñones, Bianca Roldan, and a global team of over 40 professionals with expertise in venture capital and capital markets.
Aitkenhead says, “Our new fund of funds, VC4 FoF I, represents a new chapter for IDC Ventures. By offering a diversified and balanced investment vehicle, we are creating access for both new and experienced investors to unique venture capital opportunities that would otherwise be out of reach.”
Gonzalo Hinojosa adds, “Our goal with VC4 is to provide our investors with a truly diversified venture capital offering that prioritises capital preservation while delivering the long-term returns expected from the tech market.”
“We achieve this through our strategic approach to diversifying funds and sectors on a global scale. This approach leverages unparalleled access to top-quartile funds and deep expertise in selecting the best managers. These advantages are driven by our relationships and experience investing from within the tech ecosystem.”
Collaboration with Creand Wealth Management
IDC Ventures and Creand Wealth Management have partnered to establish an investment vehicle that will invest alongside VC4 FoF I.
Designed for institutional and high-net-worth investors, this collaboration provides Creand Wealth Management clients with access to the VC4 FoF I strategy and technology-focused venture capital opportunities.
“It is a priority for us that our clients have access to exclusive products like VC4,” says Marcos Ojeda, MD of Creand Wealth Management. “We are proud to support this initiative, enabling our clients to benefit from venture capital returns.”
Brief about IDC Ventures
IDC Ventures is the venture capital arm of IDC Network, a global multi-fund asset manager overseeing over €650M. It serves more than 160 family offices across 30 countries, offering venture capital opportunities through proprietary funds, co-investments, and co-managed funds.
IDCV supports entrepreneurs from early stages to exit, often leading funding rounds and holding board seats. Since 2019, it has focused on fintech and marketplaces in Europe, the US, and Latin America, particularly Brazil and Mexico.
The firm has offices in Madrid, Miami, and Denmark, and a presence in New York, the UK, and Brazil.
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