Market Development
Portugal Venture Capital Initiative (PVCi)
A fund-of funds focussed on private equity and venture capital funds in Portugal
EIF, together with private financial institutions, public bodies and selected foundations, is setting up a EUR 100m private equity/venture capital fund-of-funds. The Portugal Venture Capital Initiative (PVCi) will invest in Portuguese and international private equity/venture capital funds focusing primarily on Portugal.
EIF has committed EUR 15m to the fund and will assume the management of this initiative, which is expected to be operational during 2008.