Contribution to defence efforts
NATO budget eligibility criteria (part 1.5% for technological resilience)
Mandates – NDF – National Defence Fund
Investors
50m €
25m €
75m €
Structure
Funds in the form of a fiduciary agreement
Governance
NDF Investment Committee
A key body in the decision-making process and a unifying force.
Members representing notably the trustees.
Members representing notably the trustees.
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Fiduciary Services
Focus on the National Defence Fund
Objectives
Criteria
Creation of sustainable economic substance
Development of "hubs" in Luxembourg's strategic sectors
Financial sustainability
NDF Investment Strategy
Allocation
Funds of funds & Co-investments (innovative companies and technologies)
Investment ticket size and investment diversification (investment policy)
Dual-use sectors and technologies with a focus on cybersecurity, space, advanced materials, and automation.
Stages of development (from seed to growth)