Investment firm Morphosis Capital successfully concludes €130m Fund II, garnering support from European Investment Fund (EIF), European Bank for Reconstruction and Development (EBRD), and International Finance Corporation (IFC).

Morphosis Capital, the only Romanian-focused private equity firm backed by all three leading development finance institutions, has successfully completed the final close of its second growth capital fund at €130 million.

The fund, named Morphosis Fund II, has attracted investments from a diverse group of investors, including family offices, institutional asset managers, and over €50 million in entrepreneurial capital from Romanian and Western European business founders. Notable new backers include Vybros Capital Partners and Inspire Asset Management, two family offices that have joined the European Investment Fund (EIF), the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), and other institutional investors.

Andrei Gemeneanu, Managing Partner at Morphosis Capital, expressed his delight at closing the fund amidst macroeconomic uncertainty and political volatility, calling it an "extraordinary achievement."

Morphosis Fund II will pursue majority or co-control investments of €10 million to €15 million in Small and Medium Enterprises (SMEs) across sectors such as healthcare, B2B services, consumer products and retail, and niche manufacturing. The fund targets businesses with EBITDA of €1 million to €5 million and will deploy capital not only in Romania but also across the region, including Bulgaria, Croatia, Czechia, Poland, and Slovakia.

The EIF's investment in Morphosis Fund II is supported by the EU's InvestEU Fund and Romania's National Recovery and Resilience Plan. This continued support from the EIF, which began with Morphosis Fund I, underscores the confidence in Morphosis Capital's ability to identify and nurture promising growth opportunities.

Morphosis Fund II has already made investments in companies such as Romania Education Alliance, discount hypermarket chain La Cocos, and Bulgaria's EnduroSat. The fund aims to make 2-3 new investments annually over the next three years.

Besides Morphosis Capital Partners, institutional investors such as pension funds, insurance companies, and family offices participated in the financing of the second growth capital fund, attracted by the potential for strong returns and long-term investment opportunities in innovative and scaling businesses.

The strengthening of Morphosis Capital's position as the only Romanian-focused private equity firm backed by all three leading development finance institutions - EIF, EBRD, and IFC - is a testament to the firm's commitment to driving growth and development in the Romanian market and the region.

Investment firm Morphosis Capital successfully concludes €130m Fund II, garnering support from European Investment Fund (EIF), European Bank for Reconstruction and Development (EBRD), and International Finance Corporation (IFC).