Paladin fund strengthens Luxembourg’s cybersecurity efforts

Paladin Capital Group has selected Luxembourg as the base for its European Cyber Fund, endorsing the Grand Duchy's ambitions of being Europe's "leading data hub". Paladin said in April that its European Cyber Fund had reached an initial closing, having received commitments from the European Investment Fund (EIF) and Luxembourg Future Fund. In a statement, Paladin managing partner and founder Michael Steed said the fund would "work closely with the Luxembourg government in developing a world class cyber center to attract the best and brightest investors, educators, innovators and entrepreneurs to Luxembourg".