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Private equity firms in Belgium

Source: FundingWatcher. Data as of 4 September 2026.

51
Private equity firms in Belgium
51
Rows shown
8
Stages recorded
5
Other types here
51 rows
# Name Location Investments Lead Exits People
1 Gimv Antwerpen, Belgium 193 63 64 27
2 Limburgse Reconversie Maatschappij Hasselt, Belgium 94 13 17 15
3 Fortino Capital Antwerp, Belgium 69 34 16 18
4 Verlinvest Brussels, Belgium 66 38 13 33
5 SmartFin Brussels, Belgium 50 21 10 13
6 Incofin Investment Management Antwerp, Belgium 35 17 2 31
7 BNP Paribas Fortis Brussels, Belgium 29 4 5 419
8 Cobepa Brussels, Belgium 26 21 16 22
9 Saffelberg Investments Gooik, Belgium 23 13 4 0
10 Agri Investment Fund Leuven, Belgium 22 7 2 2
11 Ark Angels Activator Fund Hasselt, Belgium 20 2 6 2
12 Ackermans & van Haaren Antwerpen, Belgium 18 6 2 14
13 TCD Capital Uccle, Belgium 16 6 1 6
14 Vendis Capital Diegem, Belgium 14 13 6 18
15 Akiles Rhode-saint-genèse, Belgium 13 6 0 3
16 White Fund Liège, Belgium 12 8 0 4
17 Merifin Capital Brussels, Belgium 12 0 3 7
18 Kharis Capital Brussels, Belgium 10 7 0 12
19 MPA Capital Brussels, Belgium 10 3 2 7
20 Shaping Impact Group Brussels, Belgium 9 5 1 6
21 Down 2 Earth Capital Antwerpen, Belgium 8 0 1 8
22 Junction Growth Investors Antwerp, Belgium 7 3 0 6
23 Water Lemon Ventures Brussels, Belgium 7 1 0 1
24 Buysse & Partners Antwerpen, Belgium 6 3 2 14
25 Freshmen Fund Antwerp, Belgium 6 2 1 1
26 Brustart Brussel, Belgium 6 0 1 0
27 FF2032 Lembeke, Belgium 5 2 0 0
28 Integra Fund Ghent, Belgium 4 3 0 9
29 Nomainvest Eupen, Belgium 4 0 0 2
30 Welvaartsfonds Brussels, Belgium 3 1 1 1
31 Dovesco Gent, Belgium 3 0 0 5
32 Abacus Group Waregem, Belgium 2 2 0 0
33 Baltisse Sint-denijs-westrem, Belgium 2 2 2 0
34 SOFINDEV Diegem, Belgium 2 0 1 0
35 Alphastone Brussels, Belgium 1 1 0 0
36 AP-C Hoogstraten, Belgium 1 1 0 0
37 Mountainview Capital Partners Heusden, Belgium 1 1 0 0
38 Smile Invest Linden, Belgium 1 1 0 0
39 3d investors Gent, Belgium 1 0 0 0
40 Deparco Leuven, Belgium 1 0 0 0
41 Mitiska Net Fund Europe Dilbeek, Belgium 1 0 0 0
42 NXMH Brussels, Belgium 1 0 1 0
43 Aphilion Brussels, Belgium 0 0 0 0
44 Dexia Private Equity Brussels, Belgium 0 0 0 0
45 Novas Ventures Antwerp, Belgium 0 0 0 0
46 RSQ Investors Brussels, Belgium 0 0 0 0
47 Think2Act Zwijndrecht, Belgium 0 0 0 0
48 Top Tier Access Brussels, Belgium 0 0 0 0
49 Toppako Capital Bruyelle, Belgium 0 0 0 0
50 WAD Capital Brussels, Belgium 0 0 0 0
51 We are Jane Roeselare, Belgium 0 0 0 0

Table 1. Private equity firms in Belgium, by recorded investments. Source: FundingWatcher. Data as of 4 September 2026. Base: 51.

Investment stages

Among these 51
Private equity investors36 Early stage investors19 Late stage investors15 Venture investors14 Seed investors10 Convertible note investors2 Debt investors2 Non equity assistance1

Other investors in Belgium

Venture capital firms142 Angel investors90 Investment partners32 Startup accelerators23 Family offices20

Private equity firms elsewhere

United States4,112 China844 United Kingdom656 Canada286 France277 Germany240 India202 Singapore173 Hong Kong163 Switzerland152 South Korea150 Australia134 The Netherlands134 United Arab Emirates110 Spain97 Sweden94 Brazil93 Italy90 South Africa81 Israel75 Japan72 Luxembourg64 Russian Federation44 Mexico42
Cite: FundingWatcher, 51 private equity firms in Belgium, 4 September 2026. https://fundingwatcher.com/investors/private-equity-firms/belgium/