Paladin Capital Group has established the new European Cyber Fund in Luxembourg, with cornerstone investors including the European Investment Fund and Luxembourg Future Fund. The fund invests in cyber security companies throughout the globe.
Paladin, one of the world’s leading investors in this sector, has offices in both Europe and the US and works closely with governments, universities, research and development companies and entrepreneurs in the cyber security domain. Since its inception, it has committed more than $1 billion across multiple funds and investment vehicles.
The fund was set up with support from law firm Ogier, whose client partner Daniel Richards says it is a sign of Luxembourg’s growing appeal in this market.
“Luxembourg is really setting out its stall in terms of its ambitions as a centre for cyber business, and this significant fund is a further example of the confidence there is in that vision. Ogier's Luxembourg team is delighted to act for Paladin, a leading, transformative investor which is driving the development of this cutting edge global security technology,” he said.
Image: Daniel Richards
