European Fund for Southeast Europe (EFSE)
Last updated 6 January 2022, by Impactyield.
The European Fund for Southeast Europe provides sustainable funding to micro and small enterprises in Southeast Europe ensuring that micro and small enterprises and low-income private households have sustainable access to financial services.
of track record
the year funded
Finance in Motion
Headquarters location: Germany
Other funds managed by this asset manager: ArbaroGreen for Growth Fund (GGF)eco business Fund
Key performance indicators
Asset manager: Finance in Motion
Product track record: Fund has 18 years of track record
Target IRR: n.a.
Committed Capital: n.a.
Target return category: Risk-adjusted market-rate of return
Fund domicile: Luxembourg
Product status: Open - post first close
Inception year: 2005
Vintage year: 2006
Target region: Asia, Emerging countries, Western Asia
Target close date: n.a.
Product term: n.a.
Assets under management: n.a.
Investment size: Min: 0; Max: 0; Avg: 5,885,808
Currency of investments: EUR (Euro)
Currency for fund / product figures: EUR (Euro)
Fund investments to date: 476
Fund investments to date exited or repaid: 450
Management fee: n.a.
Carried interest: n.a.
Hurdle rate: n.a.
GIIN Investors' Council Investment: Yes
Limited Partners / Investors: Public investors - European Commission - German Federal Ministry for Economic Cooperation and Development (BMZ) - Swiss Agency for Development and Cooperation (SDC) - Austrian Development Agency (ADA) - Danish International Development Agency (DANIDA) - Government of the Republic of Albania - Small and Medium Business Credit Support CJSC (subsidiary of the Central Bank of Armenia) International financial institutions - International Finance Corporation (IFC) - European Bank for Reconstruction and Development (EBRD) - KfW - Netherlands Development Finance Company (FMO) - Oesterreichische Entwicklungsbank (OeEB) - European Investment Bank (EIB) Private investors - Credit Cooperatif - Steyler Ethik Bank - Finance in Motion - GLS Bank - Stichting Democratie & Media - Raiffeisen Bank International
Limited Partner / Investor Type: Development Finance Institution (DFI), Other Institutional Investors
Phone number: +49 69 271 035 0
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Having served almost 700,000 subborrowers with a total amount of EUR 4.8 billion, securing and creating almost 500,000 new jobs, the European Fund for Southeast Europe has shown remarkable social impact.