RiverRock European Capital Partners LLP, a London, UK-based independent investment firm which provides innovative debt and equity capital solutions to small and medium sized enterprises across Europe, has held the final close of a direct-lending fund, at €169m (approximately $207m)
The European Opportunities Fund (EOF) has been backed by major European institutional investors, family offices, the German Ministry of Economics and Technology and LfAFörderbank Bayern, which join existing investors, including the European Investment Fund (EIF).
The five-year fund EOF focuses on direct lending to strong, small to mid-sized European companies that require growth or working capital in order to develop their businesses. It tipically commits between €5 and €15m per operation, working actively with a borrower’s management to strengthen and grow the business.
The Chief Investment Officer of the EOF is Jason Carley.