LP profile · Fund of fund
ERP-EIF Dachfonds
ERP-EIF Dachfonds is a fund of fund headquartered in Luxembourg (Europe). Ranked #379 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- The ERP-EIF Dachfonds was established in 2004 as a joint initiative between the German Federal Ministry for Economic Affairs and Climate Action (BMWK), through the ERP Special Fund, and the European Investment Fund (EIF).
- It was created to facilitate access to venture capital for startups in Germany.
Source of Capital
- The capital for the Dachfonds is provided by the ERP Special Fund (ERP-Sondervermögen).
- The European Investment Fund (EIF) manages and complements these resources.
Major Events
- The initial capital of the fund has been increased over the years to meet the growing demand for venture capital.
- The Dachfonds is now a component of the larger ERP-EIF Facility, which consolidates various financing programs.
Allocation Strategy
- The ERP-EIF Dachfonds operates as a fund-of-funds, investing in venture capital funds that primarily focus on Germany.
- The investment strategy is open across all sectors, with a particular emphasis on technology-oriented companies in their early and growth stages.
- Investments are made on the same terms as private co-investors (pari passu).
Sources
- https://www.eif.org/what_we_do/resources/erp/index.htm
- https://www.bmwk.de/Redaktion/DE/Artikel/Mittelstand/innovationsfinanzierung-erp-eif.html
- https://engage.eif.org/eif-in-my-country/eif-in-germany
- https://www.nrwbank.de/de/foerderung/foerderprodukte/15110/erpeif-dachfonds.html
- https://www.foerderdatenbank.de/FDB/Content/DE/Foerderprogramm/Bund/BMWi/erp-eif-dachfonds.html
- https://www.eif.org/what_we_do/resources/erp/erp_investment_criteria.htm
- https://www.eif.org/what_we_do/equity/news/2010/2010_ERP-EIF_Dachfonds_Press_Release.htm