NIBC Bank completed the spin-off of Pontex Investment Partners.

NIBC Bank, a commercial bank that offers corporate and retail banking products and services, completed the spin-off of Pontex Investment Partners, a private equity firm. Financial terms were not disclosed. The transaction comprises a portfolio of 13 minority investments in Dutch companies operating in various industrial sectors, now under management of the highly experienced Pontex team. In addition to acquiring the existing portfolio, the Pontex managed funds will gain access to fresh capital to support current portfolio companies and make new investments, thereby ensuring continuity of the strategy that facilitates the growth ambitions of Dutch entrepreneurs by providing minority equity.