The European Bank for Reconstruction and Development (EBRD) is considering a €25m ($28m) equity investment in Provectus SEE Fund II, a €200m private equity vehicle managed by Croatian firm Provectus Capital Partners (PCP).

The fund will provide equity and equity-related capital to small and medium-sized enterprises across Southeast Europe, focusing primarily on Croatia, Slovenia, Romania, and Bulgaria. Additional investments may be made in Albania, Bosnia and Herzegovina, Greece, Hungary, Kosovo, Montenegro, North Macedonia, and Serbia.

According to the EBRD, the investment would promote long-term capital formation in the region, enhance SME competitiveness, and strengthen the role of private equity in regional financing markets.

PCP has invested over €150m through its first fund, backing companies such as Arsano, Adria Dental Group, Vetti Group, and Keindl Sport across healthcare, dental, veterinary, and sports retail sectors. The firm recently opened a new office in Romania, signalling its intention to expand its presence across Southeast Europe.

Source: SeeNews