Corviglia Capital Fund, a global fintech growth equity investor, launched its first fund with a target of $500M in capital commitments.
The firm has been established in Luxembourg by two experienced entrepreneurs and executives, Petr Šmída and Cezary Smorszczewski, who have extensive experience in financial services, banking and fintech.
Petr Šmída
Šmída has spent more than 25 years in global banking and financial services. In 2010, he co-founded ENERN, an Eastern European/DACH venture capital firm which has invested in 20 tech companies via three different funds since its founding. Prior to that, he worked as a private investor and served as the CEO/Chairman of various multibillion-dollar banks and financial services companies around the world, including Alfa Bank and GE Capital.
Cezary Smorszczewski
Smorszczewski has more than 20 years of experience in finance, holding top positions at a number of prominent Polish banks and serving on the supervisory boards of several financial & technology companies. He is the the co-founder and former deputy-CEO of Alior Bank (2007-2013), the first Polish fintech unicorn, which sold for $2B on the LSE in 2012, and the co-founder and former CEO/Managing Partner of Private Equity Managers (2014-2016), a firm that specialises in fintech within the CEE/CIS/DACH regions.
Corviglia Capital Fund will invest long-term in late-stage fintech companies that are spearheading innovation and disruption in financial services and banking. The fund aims to deploy $250M in the first three years, which has already been secured in the first closing.
The firm – is geographically agnostic – aims to makes minority investments with tickets ranging from $10 to $50M. It is currently building presence in both London and Berlin.
FinSMEs
17/10/2018