EBRD backs growth in central and eastern Europe and Turkiye with CEECAT Fund III investment
United Kingdom, Sept. 10 -- The European Bank for Reconstruction and Development (EBRD) is investing up to €40 million in CEECAT Fund III, a private equity fund that will provide growth capital to small and medium-sized enterprises (SMEs) and mid-cap companies across central and eastern Europe and Turkiye.The fund has reached a first close of €135 million and is targeting total commitments of €200 million, with a hard cap of €250 million. The first close was anchored by cornerstone investors including the EBRD and the European Investment Fund, alongside commitments from new and existing investors.The investment will support the development of private equity markets across the EBRD regions, providing an alternative so...
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