The European Bank for Reconstruction and Development (EBRD) is evaluating a potential €200m equity commitment to MidEuropa Fund VI and its associated co-investment vehicle, reinforcing its support for private equity activity across Central and South-Eastern Europe.

The new fund, managed by London-headquartered private equity firm MidEuropa, aims to invest in mid-cap companies throughout the region, with a long-term capital growth strategy. The proposed investment would represent a significant portion of the fund’s total projected cost of €800m. A final approval decision is expected from the EBRD’s board on 29 May.

This latest move builds on a longstanding relationship between the EBRD and MidEuropa. The bank previously invested €80m in MidEuropa Fund V, alongside a €60m commitment from the European Investment Bank.

MidEuropa has maintained an active presence in Croatia, Romania, and Serbia, with prior investments also made in Bulgaria and Slovenia. Its current regional portfolio includes Croatian bakery chain Mlinar and outsourcing services provider M Plus, Romanian logistics company Cargus, and Serbian dairy group Imlek. Learn more about investment efforts in the CEE area by joining the CEE Private Equity Conference in Warsaw. 

Last week, MidEuropa announced agreements to sell Romanian healthcare operator Regina Maria and Serbian provider MediGroup to Finnish firm Mehiläinen, underscoring its track record of delivering strategic exits across the region.

If approved, the EBRD’s capital injection into Fund VI will further catalyse private equity-backed growth across mid-market businesses in the CEE and SEE regions.