At a Glance
In a market increasingly crowding into large cap equities, we make concentrated investments in smaller, often overlooked family companies ("hidden champions") where compelling value creation opportunities exist. That's why Alcopa and Econopolis joined forces to create ACE Family Fund.
Unique collaboration
ACE Family Fund is a joint private equity collaboration between Alcopa and Econopolis. And yes, ACE is also an English adjective for 'outstanding'.
*ACE* is an acronym for “Albert - Constance - Econopolis”. Albert Moorkens and his wife Constance were the historical founders of the Alcopa group
Investment area
We take equity participations in family-run or entrepreneur-owned businesses (so called ‘hidden champions’) in Belgium and beyond. The focus of the fund is on capital development (no buy-out / buy in or replacement capital) where the management of the target firms continues with newly installed governance, skin in the game and sustainable objectives.
Sweet spot
We aim for a €2M to €20M investment per company with the ability to invest up to 10% of the fund in attractive early stage opportunities with short term profitability. The fund takes significant minority stakes with extensive minority rights or majority stakes with preferably management staying in place.
A unique partnership
Alcopa
Alcopa is a Belgian family-led investment company. The group was founded in 1937 by Albert & Constance Moorkens, first as a distributor of motorcycles and cars, but later the company grew to a diversified holding with a balance sheet amounting to more than €550M and multiple participations in external companies across Europe. The group has a long term investment strategy and supports entrepreneurs and companies close to its historical activities.
Econopolis
Econopolis is active as financial-economic advisor and regulated investment management firm, focused on the sustainable long term trends written in the books Econoshock (2008) and Gigantism (2019) by Geert Noels. The firm offers a broad range of investment services and solutions, from single- & multi-assets funds, to thematically and patrimonial investment funds. The group has offices over 3 locations (Antwerp, Geneva & Singapore) and manages more than €2B for financial institutions (like Crelan, Belfius and Banque CPH), institutionals, entrepreneurs & families.
Our edge
Proven trackrecord in private equity
Building on proven track record of Econopolis (Kyra I Fund) and Alcopa.
Unique family business DNA & focus
We invest as minority or majority shareholder with the family/management behind the firm.
Exclusive business network
Established to connect capital, making the powerful link between high growth businesses and Econopolis’ exclusive investment club.
Entrepreneurial experience
Connecting those with the potential and the impetus to drive business growth with the businesses of tomorrow.
Transparent, cost-friendly & tax-efficient structure
The fund is set up as a tax-efficient Belgian 'private privak' with low management fees.
Proprietary dealflow
Funneling of investments and deals through Econopolis’ business network.
Diversified approach
Sector agnostic view on family businesses, managed by a competent and experienced investment team.
Slow money
We don’t believe in fast and furious entries and/or exits. We take carefully-considered long-term investment decisions.
Want to connect with us?
If you seek equity funding for your middle market business or if you are an investor seeking investment opportunities in family companies, do not hesitate to contact us.