Mezzanine Partners d.d., the alternative investment fund management company has announced its final closing of the Croatian Mezzanine Debt Fund.
After the first closing of the Croatian Mezzanine Debt Fund was completed at the end of January 2022, the subsequent and final closing of the fund was successfully carried out in June. The total size of the fund is EUR 52.2 million.
The Croatian Mezzanine Debt Fund was selected by the European Investment Fund as part of the financial program - CROGIP and attracted a wide base of domestic institutional investors.
With thanks to all investors for their support and help in establishing the Fund, Mezzanine Partners explains below that the Croatian Mezzanine Debt Fund will invest in various sectors, excluding real estate and EIF restricted sectors, and added that they expect to manage the portfolio of up to 20 investments in the individual amount of 1 to 5 million euros.
The Croatian Mezzanine Debt Fund enables small and medium-sized enterprises in Croatia to use an additional long-term form of financing through a subordinated debt instrument - mezzanine.
Potential investment may include support for development investments, change in capital and ownership structure, support in mergers and acquisitions, financial restructuring and acquisition and market expansion.
In line with the investment strategy, the fund will invest in companies with good cash flows and strong management. With these investments, small and medium-sized companies can achieve growth and mitigate excessive financial risk.