Investments in SME and mid-cap funds

Investments in debt and equity funds focused in private sector development and/or pursuing social impact goals mainly outside the EU. The European Investment Fund, part of the EIB Group, also invests in venture capital and private equity funds that support high-growth and innovative small businesses in Europe.
 

Sizeable investments

Investments representing 10% to 20% of the fund size, with a maximum of 25%.

 

Flexible tenors

Tenors that reflect the fund’s life – normally 10-12 years.

 

Hands-off approach

Investment decisions delegated to the fund manager.

 

Access larger projects

Co-investments in projects or portfolio companies allow smaller funds to get involved in bigger projects.

 

Signalling effect

Support from the EIB is often seen by private investors as a seal of approval, thereby catalyzing additional funding and multiplying our impact.

 

Attainable capital

Available for novice or experienced investment teams, in all EIB regions of activity.

Who is eligible

Private funds and captive funds or investment platforms sponsored by national promotional banks and institutions:

  • Growth capital funds
  • Venture capital funds
  • Microfinance funds
  • Social impact funds
  • Selective or granular debt funds

What is eligible

Our investment size can range from between €5 and €100 million. The EIB shall not hold the largest commitment in a fund and will not invest in open-ended (evergreen) funds. The EIB can also co-invest in investee companies provided that these are financed and managed by the fund the EIB has invested in. The EIB targets returns in line with market standards, through cash or capitalised interest, profit participation, equity kickers or alternative participating mechanisms.

Find information on pricing, geographical availability and other terms

Financing options

  • Equity or debt funds (incl. mezzanine funds) supporting SMEs and mid-caps
  • Captive funds or investment platforms sponsored by National Promotional Banks/Institutions
  • Co-financing
  • Microfinance

Africa, Caribbean & Pacific

For SMEs, microfinance institutions and mid-cap companies, the EIB puts equity investment to work through private equity funds

Southern Neighbourhood

We offer private equity operations, including seed capital, for example investments in fund structures and microfinance institutions

 

Loans  

Lending to clients of all sizes to support sustainable growth and job creation.

Equity  

Through our investments in equity and funds we stimulate and catalyse private capital

Guarantees  

Covering risks of large and small projects, as well as loan portfolios.

Advisory services  

Technical and financial expertise for our clients