Currently, Germany-focused funds are around 4% of total Europe-focused funds – in terms of total target capital and the number of funds raised.The largest Germany-focused fund was the EIF Growth Facility, which closed in the first half of 2016 and was managed by the European Investment Fund, whose aim is to invest in venture capital.In the first half of 2016, eight private equity funds (Germany focused) raised around 1.8 billion Euros, the highest level of capital raised in a single year since the GFC (Global Finance Crisis).read more & buyout deals in the first half of 2016.įrom Preqin’s special report, we can extract the key trends of the private equity market in Germany – German-based industries and organizations thus attracted the second-largest amount of capital in Europe for both venture capital Venture Capital Venture capital (VC) refers to a type of long-term finance extended to startups with high-growth potential to help them succeed exponentially. To private equity investors, German-based companies, industries, and corporations are proved attractive. The German private equity market hosts the second biggest number of fund managers in Europe, after the UK. Germany is one of the top markets for private equity and venture capital. value: 20 cents.slightly more than the paper on which it was printed.If you’re aiming for private equity in Germany, the good news is. Although the notes were printed, they were never actually issued. In 1946, Hungary created this titanic bill, which was worth almost nothing in most countries in Europe. WWII destroyed the Hungarian pengo, which suffered the highest rate of hyper-inflation ever - prices doubled every fifteen hours. Created in 1998 to celebrate independence from Spain, the note was offered only to collectors who, funnily enough, shelled out 180,000 pesos ($3,700) for the bill. It’s approximately the same size as a typical piece of printer paper. The 100,000 peso note is the world’s largest single banknote. In fact, Mark Twain even wrote a book on the note. Every so often there’s a story about the one million pound note escaping. You won’t find this monstrous note in circulation, but the bill remains stashed away in the federal reserve - probably hoping to never see the light of day. (The paper probably retained more value than the actual bills.) Today, you can scrounge around on Ebay and find a slightly less valuable - but still very large - 500,000,000 note selling for $1.79. Yugoslavia: 500,000,000,000,000,000,000 DinarsĪt the peak of Yugoslavia’s hyperinflation in 19, when the currency doubled just about every day, a single US dollar equalled nearly six trillion Yugoslav dinars. And to demonstrate how insane inflation was during that time, a loaf of bread generally ran nearly 300 billion Zimbabwean dollars - so the banknote wouldn't even get you 350 loaves of bread. In January of 2009, Zimbabwe began printing these notes, and by April of 2009, the Zimbabwean dollar was defunct. Some of them were created in attempt to tame hyper-inflation, while others exist for the quirk. Here, we take a look at some of the largest banknotes from past and present. If you think pennies and nickels are just about useless, consider the other end of the spectrum: bills so large you can buy an entire island with it.
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