EBRD approves €30m commitment

The London-based development bank has backed a Europe-focused private debt fund.

Institution: European Bank of Reconstruction & Development
Headquarters: London, United Kingdom
AUM: €3.9 billion

European Bank of Reconstruction & Development has agreed to commit €30 million to SouthBridge Europe Mezzanine II, according to recent project summary documents released by the bank.

The fund, managed by Luxembourg-based SouthBridge, will provide equity and mezzanine financing in small and medium-sized enterprises based in Greece.

As illustrated below, EBRD’s recent private debt commitments have focused on the corporate sector in Europe.

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