The European Investment Fund (EIF) announced a €40 million commitment to the Growth Fund of Amsterdam-based SevenGen Investment Partners, which targets profitable businesses poised for impact in energy, mobility, and decarbonisation. This partnership aims to fill a gap often neglected by traditional investment models, facilitating innovation and scalability in important sectors. SevenGen plans to leverage this investment to accelerate growth and positively influence future generations while ensuring strong financial returns. However, EIF's commitment is contingent upon meeting specific conditions precedent, underscoring the strategic nature of this collaboration.
This partnership enables us to accelerate innovation and scale these businesses, addressing a gap often overlooked by traditional buyout models.
With EIF's support, the fund plans to boost its investments, promote sustainable growth in important sectors, and benefit future generations.
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