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.
Angela Saliba Appointed New Multi-Property GM of Marriott Hu...
Hungary Welcomes Extension of China's Visa Exemption Policy
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
