New pilot programme: ESCALAR

The European Investment Fund has launched a new pilot programme to address the financing gap experienced by high growth European companies (scale-ups). The European Scale-up Action for Risk Capital programme invests funds with an investment focus on scale-ups. It is prepared to support new funds and existing funds. 

Up to €100 million for a single fund commitment is possible, meaning that ESCALAR's investment is intended to significantly increase fund resources, creating greater capacity for follow-on investments in scale-ups. 

It will work by making equity investments in funds, and side vehicles of funds, through a different fund unit to other investors. There is a total investment envelope of €300 million.

To read more, click here