π Tender Overview
Project Number: 49908
Company Name: Evolving Europe Principal Investments II SCSp
Date SPI Disclosed: Aug 9, 2024
Country: Southern Europe Region
Region: Europe
Projected Board Date: Oct 15, 2024
Environmental Category: FI-2
Status: Pending Approval
Department: Disruptive Tech, Service & Funds
Industry: Funds
Sector: Growth Equity Fund
Project Description
The proposed transaction is an equity investment of up to EUR 15 million to Evolving Europe Principal Investments II SCSp (EE II or the Fund), a closed-end private equity fund targeting lower mid-market investments in Bulgaria, Romania, Western Balkans (Serbia, Croatia, Bosnia Herzegovina, Montenegro, North Macedonia, Kosovo and Albania) and other countries in Central and Eastern Europe (CEE) The Fund will be domiciled in Luxembourg with a target size of EUR 150 million.
Total Project Cost and amount and nature of IFC's Investment: Proposed IFC Commitment of up to EUR 15 million to the Fund
Financing Sources:
2) World Bank (WB)
1818 H Street, NW Washington, DC 20433 USA
Tel : (202) 473-1000
https://www.worldbank.org/