EBRD invests €20 million in Spire Capital Partners Fund I
United Kingdom, Aug. 13 -- The European Bank for Reconstruction and Development (EBRD) is investing €20 million in Spire Capital Partners Fund I, a private equity fund managed by Spire Capital Partners. The EBRD's commitment has been key in helping the fund to reach its target size and establishing Spire Capital Partners as a new independent fund manager based in Poland.The fund, which has €90 million under management, will make equity and quasi-equity investments in small and medium-sized enterprises (SMEs), with a focus on technology-enabled services, software and e-commerce - primarily in Poland and the rest of central and eastern Europe. It will support long-term capital growth by driving strategic, operational and digital t...
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