Signature(s)
Amount
€ 10,000,000
Sector(s)
Services
: € 10,000,000
Signature date(s)
18/12/2009 : € 10,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
8 December 2009
Status
Reference
Signed | 18/12/2009
20090482
Project name
Promoter - financial intermediary
Swicorp Intaj Capital II
Swicorp
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to the lower of the USD equivalent of EUR 10 million and 20% of the total commitments at any closing.
The Fund will target a minimum capital of USD 100 million at first closing. The promoter’s target amount at final closing is USD 400 million.
Location
Sector(s)
Description
Objectives
The operation consists of the Bank’s acquisition of an equity participation using EU budgetary resources (risk capital managed by the Bank under Regulation 1638/2006 of 24 October 2006) in a newly-created closed-ended multi-sector investment fund.
The Fund will seek to take majority and/or controlling stakes in profitable mid-sized companies operating in sectors driven directly or indirectly by growth in consumer demand which have a significant growth potential and a dynamic management team with solid capabilities in its industry.
Environmental aspects
Procurement
N/A (intermediated private sector investment).
N/A (private sector investment).
Link to source
Summary sheet
Other links
Data sheet