Overview
The BB Capital NextGen Fund, launched in June 2024, is BB Capital's impact strategy: an evergreen fund-of-funds that gives private investors access to exclusive international impact funds normally out of reach of individuals.
Investment Strategy
The fund combines venture capital and growth capital, backing sustainable startups and scale-ups as well as transformation investments in established companies. Investments are selected on proprietary impact criteria, verified against industry standards, across three priority themes:
- Combating climate change
- The transition to a circular economy
- Advancing social equality
The fund targets a net return of 10-15% per year - impact alongside a market-rate financial return.
Structure and Terms
- Evergreen fund-of-funds - no fixed maturity
- Minimum investment EUR 100,000, top-ups possible at any time
- Capital fully deployed from day one; no unexpected capital calls
- Quarterly dividend distributions with optional automatic reinvestment
Suitability
Aimed at investors who want measurable impact without giving up private markets returns. The manager, BB Capital Management B.V., holds an AIFM licence (article 2:65 Wft) and is supervised by the AFM.

