Enterprise Investors closes Polish Enterprise VIII on €498m

The GP targeted €450m when it launched the vehicle in July 2017.

The fund's predecessor, Polish Enterprise Fund VII, closed on €314m in May 2013, falling short of its €650m target.

Investors
According to a statement, more than 90% of the committed capital came from limited partners in the firm's prior funds, with the remaining commitments provided by new investors. European LPs accounted for approximately 60% of committed capital, US investors for 30% and other global financial institutions for the remaining 10%.

Investments
Following the strategy of its previous buyout funds, the vehicle will invest in mid-market buyouts and growth companies in Poland and the wider CEE region. It will focus on consumer products, retail, financial services and healthcare. It also intends to invest in industrial products and services, as well as IT.

The fund will commit €20-75m per investment, and is expected to deploy at least half of its capital in Poland.

People
Enterprise Investors – Jacek Siwicki (chairperson, president).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Funds
• Buyout
• CEE
• Poland
• Enterprise Investors