Former Formula One champion Nico Rosberg, who clinched the title in 2016 before stepping away
from the racing scene, is veering into asset management with a €30m venture capital fund.
Rosberg Ventures will target tech-focused venture capital firms on behalf of affluent family offices
across Europe.
Expected to raise €75m by year-end, the fund plans to inject capital into VC outfits such as
Andreessen Horowitz, Kleiner Perkins, and Accel, according to The Sunday Times.
It is a “fund of funds”, a type of investment fund that invests in other investment funds rather than
directly in individual securities.
With over 35 start-up and growth-stage investments under his belt, Rosberg has been actively
involved in venture capital for the past eight years.
https://uk.finance.yahoo.com/news/nico-rosberg-former-f1-champion-112619930.html
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