Release date: 12 April 2017
Promoter – Financial Intermediary
Selection of private equity fund managers
Location
Description
The proposed operation consists of a EUR 500m investment facility to finance EIB investments in innovative midcap-focused private equity funds in Europe.
Objectives
It is expected that the EIB will invest in approximately 8-12 private equity funds which in turn will provide equity financing to approximately 80-120 midcap companies.
Sector(s)
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 250 million
Total cost (Approximate amount)
EUR 3333 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 - 29/09/2017
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).