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September 16, 2025

Pension fund Rentea backs €500m fund to invest in VC and startups — and hopes others will follow its lead

New Prague-based investor Aspire11 will back both VC funds and growth companies

Anne Sraders

3 min read

Aspire11, a new Prague-based investment firm, has raised a €500m inaugural fund to invest in VC funds and growth companies, primarily in Europe. The fund is backed solely by Czech financial organisation The Partners Group and its pension company Rentea — and is hoping to set an example that other pension funds might soon follow. 

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Anne Sraders

Anne Sraders is a senior reporter at Sifted, based in Berlin. She covers the VC industry and deeptech startups. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

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