TERTIARIES FINANCIALS II
Our Passion & Mission
Tertiaries Financials the General Partner, manages Tertiaries Financials Investment Fund II (Tertiaries Financials II).
Tertiaries Financials II was launched on August 2020 and has a 10-year lifespan (with a potential extension of 2 years) and targets a maximum fund size of US$24 million, of which US$8 million is being contributed by Limited Equity Partners (LPs) and US$16 million from CORFO, the Government Sponsored Economic Development Agency.
CORFO’s credit line can be raised from 2:1 to 3:1 subject to specific milestones. Thus, the total Fund capacity could raised up to US$32 million. The main goal has been to set up a hands on investment and development fund of early stage tech startups with innovative and technological skills, with scalable models to developed economies like USA, UK, Europe and others.
Its main goal is to take companies and scale them globally through its wide business network, throughout an active participation, leading to successful returns expected between 2x to 2.5x capital invested over a (average) 5-year holding period. Tertiaries Financials Ventures II is seeking to invest in different industries like FinTech, HealthTech, EduTech, AgroTech, and all tech related company’s.
Tertiaries Financials contributes to the business with much more than just capital. They also contribute with their ideas, the strategy and the experience at the service of the company, what is known as ‘smart money’. This is a great value-added.
Leon Moreau Head Europe Business Development