Van Campen Liem is pleased to announce the election of Andrew de Vries as partner. The promotion was effective from January 1, 2018.
Andrew joined VCL upon its formation in 2012 and has been working with the core team for the past 9 years. He has over 9 years of experience in international taxation and is qualified in the Netherlands and admitted to practice in Luxembourg. His practice focuses on the asset management industry and mainly on international tax aspects relating to the set-up of private investment fund structures in Luxembourg and the Netherlands, deal structuring, joint ventures and cross border reorganisations. VCL is proud of the continued growth of the Luxembourg practice, in particular through the promotion of one of its homegrown senior associates and would like to congratulate Andrew on reaching this milestone in his career.
Van Campen Liem acted for the European Investment Fund (EIF), investing in a new created Dutch fund named Innovation Industries Fund.
The Innovation Industries Fund was established as a closed end fund at EUR 75 million committed capital. It shall focus its investment activities primarily on start-ups and early stage initiatives that are active in or have products or technologies in high tech areas such as physical sciences (physics and chemistry), food and agri technology, information technology and medical technology, primarily in the Netherlands. Management intends to foster relationships with research organisations in the Netherlands, including certain Dutch Universities.
EIF’s investment in the fund is supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 and the European Fund for Strategic Investments set up under the Investment Plan for Europe. The transaction closed mid-June 2017.
The team at Van Campen Liem consisted of Maurits Tausk, Saskia Bergin, Diederik Palstra, Piet Boonstra and Sanne Mans.