Berlin – A YPOG Team led by partner Stephan Bank comprehensively advised Allianz SE and the management team of AV8 Ventures on the structuring of a second captive fund with Allianz as sole investor. The second fund, like its predecessor, has a total size of $180 million. The first fund which was launched in 2018 with the backing of Allianz SE also received advice on all legal, regulatory and tax matters from a team led by Stephan Bank.
About AV8 Ventures
AV8 is an early-stage VC based in Palo Alto, California, focused on intelligent enterprise, healthcare and fintech/insurtech startups. Since its founding in 2018, AV8 has already invested in over 20 companies, primarily in Seed or Series A rounds, with a geographic focus on the US. With the new fund, AV8 plans to invest in up to 25 additional companies with the same focus. AV8 is typically the first institutional investor in its portfolio companies, helping founders to develop product-market fit, go-to-market strategy and scalable business models. The AV8 Team consists of investment partners with operational experience in the target industries and a network of venture advisors.
About Allianz
Allianz Group is one of the world's leading insurers and asset managers with more than 100 million private and corporate customers in over 70 countries.
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Advisors Allianz/AV8 Ventures:
Dr. Stephan Bank (Lead, Corporate/Contractual), Partner
Dr. Helder Schnittker (Tax), Partner
Jens Kretzschmann (Regulatory), Partner
About us
YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog