DIORAMA HELLENIC GROWTH FUND

Promoter – Financial Intermediary

PRIVATE ENTITY(IES)

Location

• Greece

Description

Equity participation of up to EUR 20m in a closed-end private equity fund investing in private sector companies in Greece. The EIB will supplement the EIF's commitment of EUR 20m.

Objectives

The fund will aim to provide growth and expansion capital to small and medium-sized private companies (SMEs) located in Greece with high growth potential. It will contribute to the Greek private equity market, providing SMEs and mid-caps with a much-needed alternative source of funding. The fund's target size is EUR 150-165m.

Sector(s)

• Services

Proposed EIB finance (Approximate amount)

EUR 20 million

Total cost (Approximate amount)

EUR 165 million

Environmental aspects

The fund will operate in line with the EIB's environmental and social standards.

Procurement

Procurement will be in line with EIB guidelines for private sector projects.

Status

Signed - 29/07/2016