IDC Ventures (IDCV), a global VC platform in Copenhagen, today announced the launch of VC4 FoF I (VC4), its inaugural Fund of Funds (FOF) with a €150 million cap focused on sectors shaping future economic growth, with a capital preservation strategy tailored to the volatility of the technology market.
Its General Partners have committed €15 million to VC4, which has already been deployed across 10 funds including Soma Capital (backers of Deel, and Razorpay), G Squared (investors in Airbnb and Spotify), and Ensemble (early investors in Zoom and Carta), with some achieving track records of over 4x in prior funds.
Since this portfolio of funds has already appreciated in value, VC4 is expected to avoid the J-curve effect. These partnerships exemplify VC4’s commitment to identifying industry leaders.
“Our new fund of funds, VC4 FoF I, represents a new chapter for IDC Ventures,” commented Bobby Aitkenhead, Managing Director of IDCV. “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.”
IDCV is the venture capital arm of IDC Network, a global multi-fund asset manager. IDCV manages over €650 million, serving as the Partner of Choice for over 160 family offices across 30 countries. IDCV provides a diverse range of venture capital opportunities, including proprietary funds, co-investments, and co-managed funds in collaboration with industry-leading managers.
Since its founding in 2019 by Bobby Aitkenhead and Alejandro Rodriguez, IDCV has backed founders from Series A to growth stages, with a primary focus on fintech and marketplaces in Europe, the US, and Latin America – particularly Brazil and Mexico.
Approximately €33 million has already been committed as part of the first closing in January 2025. VC4 provides an opportunity to invest in innovative sectors shaping future economic growth, with a capital preservation strategy tailored to the volatility of the technology market.
Building on IDCV’s success, including notable exits in Spain such as BIPI, and investments in high-growth startups including CookUnity, SuperSim, and RecargaPay, VC4 will invest in around 30 venture capital funds managed by a mix of established top-quartile funds and emerging managers, focusing on sectors such as FinTech, marketplaces, HealthTech, and other prominent tech sectors.
“Our goal with VC4 is to provide our investors with a truly diversified venture capital offering that prioritizes 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,” added Managing Partner Gonzalo Hinojosa.
IDCV has also partnered with Creand Wealth Management to create an exclusive investment vehicle that will invest alongside VC4 FoF I, designed for institutional and high-net-worth investors. This alliance allows Creand Wealth Management clients to access the VC4 FoF I strategy, providing them with a gateway to top-tier technology venture capital opportunities.
“It is a priority for us that our clients have access to exclusive products like VC4,” said Marcos Ojeda, Managing Director of Creand Wealth Management. “We are proud to support this initiative, enabling our clients to benefit from venture capital returns.”