EBRD mulls investing €60 mln in ACP's sixth fund
The European Bank for Reconstruction and Development (EBRD) considers an equity commitment of up to €60 million in favor of Accession Mezzanine Capital VI, a sixth investment fund managed by Central and Eastern Europe-focused Accession Capital Partners.
The fund, which aims to raise €500 million, will invest in debt and equity instruments of SMEs and mid-sized companies across Central and Eastern Europe to generate long-term capital growth, the EBRD said on its website on Friday.
The EBRD's planned investment is slated for approval on July 8.
With offices in Vienna, Warsaw, Bucharest, Budapest, Prague, and Luxembourg, Accession Capital Partners has so far invested over €1 billion into more than 75 companies across 12 countries and five dedicated funds.
In the region of Southeast Europe, Accession Capital Partners has invested in dozens of firms, including in Bulgaria, Croatia, Romania, Serbia, and Slovenia.
