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General

Deutsche Telekom to set up new USD 500 mln investment fund

Tuesday 11 November 2014 | 15:36 CET | News
Deutsche Telekom wants to set up an investment fund worth EUR 500 million for a five-year period, on top of its existing T-Venture investments. Deutsche Telekom's supervisory board has approved the setup of a specialist team of investment managers for the new Deutsche Telekom Capital Partners (DTCP), set to launch early next year. The plan doubles the group's commitment to investments in ventures and innovation. DTCP will be one of the largest investment funds in Europe, and will also advise Deutsche Telekom on existing investments in STRATO, Interactive Media, Scout, Deutsche Telekom

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Categories: General
Companies: Deutsche Telekom / Strato
Countries: Germany / World
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