Invest in Inclusive Growth with EFSE - Leading Impact Fund for MSMEs

Invest in EFSE

European Fund for Southeast Europe is a Luxembourg-based SICAV and discloses in line with requirements stipulated by Article 9 of the Sustainable Finance Disclosure Regulation (SFDR)

Assets under Management: €1.5B

Investment Theme: MSME Financing

Regions: Southeast Europe and the Caucasus

Investment Structure: Private Debt + Blended Finance

Two independent sub-funds

EFSE’s umbrella structure encompasses our Regional Sub-Fund and Ukraine Sub-Fund.

Our Regional Sub-Fund invests in inclusive growth across Southeast Europe and the Caucasus for a range of risk-return appetites.

Our Ukraine Sub-Fund is ringfenced in a separate investment vehicle for investors with different investment goals and higher risk appetites.

Though independent, both sub-funds adhere to the same stringent requirements.

Explore our Ukraine Sub-Fund

The EFSE Regional Sub-Fund

Providing investment opportunities for a range of investors

Our blended finance structure allows investors with very different risk tolerances to participate in Southeast Europe's growth story.

Public investors take first- and second-loss positions, which improve the risk-return profile for institutional investors. This helps us attract more private and public investment, increasing the pool of available capital.

That means we can deliver strong risk-mitigated returns for investors, while enhancing our ability to generate inclusive growth.

Advisory & Capacity Building enhances your impact investments

Investors can also donate to our Advisory & Capacity Building services, which add value to every stage of the investment process – enhancing origination, fostering growth and promoting high industry standards.

Discover the impact of our Advisory & Capacity Building services.

Information for potential investors

The Fund (and its Sub-Fund(s)) issues shares and notes.

Shares of the Fund (and its Sub-Fund(s)) are only distributed to persons whose permanent place of business or permanent residence is in Luxembourg..

Notes of the Fund (and its Sub-Fund(s)) can be acquired both inside and outside Luxembourg by European professional clients within the meaning of Annex II of Directive 2014/65/EU (MiFID II) and by other clients who qualify as “well-informed investors” within the meaning of Article 2(1) of the Luxembourg Law of 13 February 2007 Relating to Specialised Investment Funds, and in particular who invest a minimum of EUR 125,000 in notes.

As regards the United States of America, Canada, Australia and Japan, offers, sales and transfers in those jurisdictions are prohibited generally subject to certain limited exemptions that may or may not apply in any specific circumstance.