Rabobank, Delta Lloyd Start Capital Fund For Dutch Companies
June 30 2009 - 4:37AM
Dow Jones News
Dutch unlisted bank Rabobank and Dutch insurance company Delta
Lloyd (BLV.DU) have started a fund to invest in Dutch companies,
the companies said Tuesday.
Rabobank and Delta Lloyd have put starting capital of EUR200
million in the fund, called Project Holland Fonds, and have invited
Dutch institutional investors to participate.
The aim is to have a total capital of EUR1 billion to invest in
healthy Dutch companies.
The fund aims to deliver additional financing resources to
stimulate the Dutch economy since traditional banks have curbed
lending due to the economic downturn.
Delta Lloyd is part of Aviva PLC (AV.LN).
-By Bart Koster, Dow Jones Newswires; +31 20 571 5201;
bart.koster@dowjones.com