Release date: 20 April 2017
Promoter – Financial Intermediary
Selection of private equity fund managersLocation
Description
The proposed operation consists of a EUR 500m investment facility under the EFSI Equity Innovation and Infrastructure Window (IIW) to finance EIB investments in SME and small Midcap private equity funds in Europe, in which the EIF is also an investor.
Objectives
It is expected that the EIB will invest in approximately 20-30 private equity funds which in turn will provide equity financing to approximately 300-450 SMEs and small Midcaps.
Sector(s)
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 499 million
Total cost (Approximate amount)
EUR 5000 million
Environmental aspects
The operation will apply the EIB Group's standard requirements in relation to environmental compliance.
Procurement
The operation will apply the EIB Group's standard requirements in relation to procurement.
Status
Signed - 22/11/2017
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).