As an affiliated partner of the G20 Global Partnership for Financial Inclusion (GPFI), the World Business Angels Investment Forum (WBAF) aims to ease access to finance for businesses from startup to scaleup to exit, with the ultimate goal of generating economic development, jobs, and more social justice worldwide.
WBAF is now, for the first time, raising its own investment fund of USD 10M
Baybars Altuntas, WBAF Chairman, says ”The WBAF Angel Investment Fund will be an international co-investment platform to invest in the startups and scaleups of the Global Fundraising Stage (GFRS 2020). It will incorporate a mix of private, public, and non-profit sources for the benefit of startup ventures looking for smart finance. The ultimate goal is to create a high-quality portfolio with some of the world’s most promising startups and scaleups and, at the same time, create opportunities for co-investment and follow-on investments. Another goal is to connect the best startups with the best angel investors, making it possible for them to benefit from the know-how, mentorship, and networks of qualified investors.”
The WBAF Angel Investment Fund is designed to capitalise on the worldwide growth in entrepreneurial activity and venture financing for startups and scaleups and to benefit from WBAF’s extensive network of global investors; these include angel investors, private equity funds, co-investment platforms, wealth management institutions, family offices, VCs and acceleration centres.
”As of 1 August 2019, $430K had already been raised”
WBAF Chairman Altuntas says ” As of 1 August 2019, $430K had already been raised. The initial paid-up portion on the committed capital of each investor will be 20%, to be paid in December 2019. The full ticket will be called in January 2020”
15 December 2019 20% to be deposited by each investor who has committed by this date.
15 January 2020 The remaining amount (80%) will be deposited.
18 February 2020 Global Fundraising Stage 2020
Please note that minimum ticket size for joining the Fund is USD 10K.
Altuntas invites potential investors to review the Fund’s Executive Summary for Potential Investors, which covers the following topics:
|
· How the Fund works
|
· Fund administrator /manager
|
· Co-investment fees
|
|
· The Fund structure
|
· Lead investor
|
· Investment focus
|
|
· Stages of the Fund
|
· Active investor members
|
· Deal flow stages
|
|
· Capital calls
|
· Investment criteria
|
· Administration structure
|
|
· Capital call – defaults
|
· Investment portfolio strategy
|
· Administrative costs
|
|
· Investment period
|
· Investment mechanism
|
· Add-on investments
|
|
· Investor profile
|
· Co-investment policy
|
· Founding Investors
|
|
· Advisory board
|
· Investment committee
|
|
Please complete this form to receive the Executive Summary
https://wbaforum.org/Forms/Details/Become-an-investor-of-the-Angel-Investment-Fund/3
More about WBAF: www.wbaforum.org
