INVESTOR GROWTH CAPITAL LAUNCHES AS AN INDEPENDENT VENTURE CAPITAL FIRM

Additional capital commitment and strong exit momentum boost IGC’s latest fund

New York—September 28, 2011—Investor Growth Capital (IGC), formerly a business unit within Investor AB, is now an independent venture capital firm with a portfolio of more than 100 companies globally and offices in New York, Menlo Park, Beijing and Stockholm. Investor AB, which remains the sole limited partner, has contributed an additional $300 million of fresh capital and a portfolio with a current market value in excess of $1.3 billion to IGC’s sixth fund. IGC Fund VI has a unique "evergreen" structure that allows IGC to share proceeds generated from realizations with Investor AB, thereby providing an ongoing source of capital to fund future investments. IGC will continue its fifteen‐year history of investing in expansion‐stage technology and healthcare companies with a focus on new investment opportunities in the United States and Greater China. Steve Campe, President of IGC noted
“Since inception, our association with Investor AB has provided us with the unique combination of a deep and flexible capital base along with a position inside an international network of Global 2000 companies. This has been an important source of differentiation for us as a financial partner to our portfolio companies, and it is a priority to maintain that relationship while transitioning to a structure that can support our continued growth. We are flattered by the vote of confidence from Investor AB and look forward to continuing to work closely with them to build value.”

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