EBRD Commits EUR 80 mln to Poland-based Enterprise Investors Fund
The European Bank for Reconstruction and Development said it is boosting the availability of private equity financing in Central and Eastern Europe (CEE) by committing EUR 80 million to Poland-based Enterprise Investors' tenth private equity fund.
The EBRD's investment in Enterprise Investors Fund IX is set to promote private and entrepreneurial initiatives in the region by supporting the development of alternative funding sources, it said.
It will also strengthen the region's financial sector and support the growth of its corporate sector. Enterprise Investors is one of the largest and oldest private equity firms in CEE and a long-standing partner of the EBRD.
Based in Warsaw, the firm has raised nine funds, investing and committing EUR 2.2 billion through 154 investments, and has already exited 137 companies.
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