Actyus, an investment-management firm within Andorra’s Andbank, has established a €40 million investment fund for sports tech, according to Expansión and others. Called NIAN Sports, the fund will be investing in 20 to 25 companies, with a mixture of private debt and private equity, and seeking a net return of at least 15 percent within eight years.
Advising the fund will be two graduates of the same promotion at Esade Business School: Francesc Destrée, co-founder and CEO of tech company Noves Idees, and Jimmy Martinez von Korff, co-founder and Executive Chairman at Immfly, which specializes in “digital onboard solutions” for airlines and their passengers.
