ZUWAX Venture PRO
The best venture funds in one portfolio
With ZUWAX Venture PRO, experienced investors from EUR 200,000 invest in an optimally coordinated portfolio of leading venture-capital funds – on institutional terms.
Selective
Invest with our Core Manager strategy in the funds of leading managers from the United States, Europe and Asia.
Diversified
Reduce risks with smart diversification across managers, stages and regions.
Efficient
Benefit from accelerated distributions from a particularly cost- and tax-efficient institutional fund of funds.
12+
Top managers
30+
Target funds
1.000+
Company
ZUWAX Venture PRO is for investors who can invest at least 200,000 euros and who meet the statutory requirements regarding expertise, experience and knowledge. This means (semi-)professional investors within the meaning of the KAGB. Please note our risk notices. As at: April 2025
This is the track record of the ZUWAX Core Managers
Via our partner VenCap, ZUWAX invests with a selected group of leading venture investors – our Core Managers. They have an outstanding track record and have on average increased their investors’ capital by a factor of 3,2.
25 %
Aggregated return (IRR)
3,2 ×
Total return on paid-in capital (TVPI)
80 %
Funds in the top quartile of their vintage
Historical returns are not an indicator of future performance; sources: VenCap, Cambridge Associates US Benchmarks, funds with vintage years 2001 to 2019. As at: September 2024.
ZUWAX enables investments in top VCs from Silicon Valley
On equal footing with large investors
Via a tax-transparent fund of funds you invest side by side with the institutional clients of our partner VenCap, a venture-capital specialist from the United Kingdom. You benefit from the same terms as very large investors.
Strategically diversified
Your investment is allocated to more than 30 funds of our Core Managers, which we combine into an optimally coordinated portfolio. Broad diversification increases your portfolio’s resilience and reduces concentration risk. Because a large share of the most innovative start-ups is created in the United States, the geographic focus is deliberately on that market.
Capital-efficient
You subscribe to newly launched funds and additionally acquire interests in existing funds at discounts on the secondary market. This not only increases your return potential, but also ensures that your capital is invested more quickly and returned earlier.
Excellently connected
VenCap is a leading European venture-capital specialist based in Oxford. Since 1987, the employee-owned firm has invested for family offices and institutional investors in selected top funds worldwide. Thanks to its strong reputation and long-standing relationships, VenCap gains access to leading venture-capital funds that remain unavailable to many investors.
ZUWAX Venture exceeds expectations.
Venture Capital can be this simple
- 01
Find out more
All details on ZUWAX Venture PRO are available in our fund dossier.
- 02
Subscribe
You subscribe for your participation online in just a few clicks.
- 03
Invest
We draw down your investment from your account in stages. Alternatively, you invest it directly in a ZUWAX money-market or capital-market portfolio – we take care of the rest.
ZUWAX Venture PRO at a glance
- Structure
- SCS SICAV-RAIF
- Minimum investment
- 200.000 Euro
- Investor
- (Semi-)professional investors
- Target funds (planned)
- > 30
- Portfolio companies (planned)
- > 1.000
- Target return after costs and fees (IRR) ¹
- 20 %
- Management fee ²
- 0,88–1,18 % p. a.
- Ongoing costs at fund level
- approx. 0.50% p.a.
- Initial fee
- 1,00 %
- Term
- 12 years & 3 × 1-year extension option
All information subject to confirmation.
Proven access to top funds
Previous generations of ZUWAX Venture PRO rank among the largest venture capital funds for private investors in Europe. Behind them is access to top-tier funds.
200+
EUR million invested
50+
Top funds invested
As of: August 2025
Selected holdings of ZUWAX Venture II
Already in the second generation of ZUWAX Venture PRO we have invested for clients in a selection of leading venture capital funds. This has created a broadly diversified portfolio of promising start-ups.
ZUWAX Venture PRO in detail
Receive all information on the current generation of ZUWAX Venture PRO now with our fund dossier as a download.
Do you have questions?
We will be pleased to answer your questions on ZUWAX Venture PRO – by email, in chat or in our offices in Berlin and Munich.
FAQ
ZUWAX Venture PRO is aimed at (semi-)professional investors.
A minimum investment of 200,000 euros is required, as well as classification as a (semi-)professional investor pursuant to § 1 Abs. 19 Nr. 33 KAGB. This includes investors who have sufficient knowledge, experience and financial means to assess the risks and opportunities of a venture-capital participation on a well-founded basis.
(1) The target return is based on internal projections. Actual performance may differ.
(2) The detailed breakdown of the management fee into Portfolio Management Fee and Investment Advisory Fee can be found in the fund’s offering document.
ZUWAX Venture PRO is suitable only for investors who can invest at least 200,000 euros and who meet the statutory requirements regarding expertise, experience and knowledge. This means (semi-)professional investors within the meaning of the KAGB. Investments involve risks. Please note our risk notices.