Primus Capital raises fund to invest in Hungarian SMEs

The fund targets Hungarian SMEs and is expected to be deployed over the next three years.

Of the Ft6.2bn, Ft4.34bn are being provided under the Új Magyarország Kockázati Tőkeprogram (New Hungary Venture Capital Program), a project, under which EU resources are invested via specialised local VC funds. The remaining Ft1.86bn consists of matching funds provided by private investors.

Zoltán Bruckner, the chairman of Primus Capital, expects the fund to carry out two investments by summer.

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• Topics
• Venture
• CEE
• Hungary