EEMEA market round-up: Polish firm raises the largest fund ever for central and eastern Europe
Polish private equity firm Enterprise Investors has closed its most recent fund, Polish Enterprise Fund VI, at €658 million, making it the largest ever fund raised for central and eastern Europe.
Fundraising began in late May, and the fund was two times oversubscribed at the time of closing. There is a mixture of new investors and returning accounts, including AlpInvest, Calpers and MetLlife.
The fund will focus on mid-market leveraged buyouts and on transactions requiring expansion capital, and aims to split its investment equally between Poland and the rest of the region.