What we do
Institutional investors
Equity products
AI Co-Investment Facility
Cleantech Co-Investment Facility
Impact investing at the EIF
Climate & Infrastructure Funds
Technology Transfer
European Angels Fund (EAF) - Co-investments with Business Angels
Venture capital
The Social Impact Accelerator (SIA)
Lower mid-market
Mezzanine Facility for Growth
VentureEU
EFSI Equity instrument
Single EU Equity Financial Instrument
COSME - Equity Facility for Growth
InnovFin Equity
Private equity secondary market transactions
EIF-NPI Equity Platform
ESCALAR Programme
Debt products
New ESIF ERDF Guarantee Fund initiative in Greece
EFSI Private Credit Programme
AGRI Guarantee Facility
AGRI Italy Platform Uncapped Guarantee Instrument
Credit enhancement
Cultural and Creative Sectors Guarantee Facility (CCS GF)
ENSI - Securitisation Initiative
Erasmus+ Master Loan Guarantee Facility
Skills & Education Guarantee Pilot
EREM debt products
Single EU Debt Financial Instrument
Documentary Finance Facility – Bulgaria
The SME Initiative
The SME Initiative Bulgaria
The SME Initiative Finland
The SME Initiative Italy
The SME Initiative Malta
The SME Initiative Romania
The SME Initiative Spain
Inclusive finance
EaSI Financial Instruments
EaSI Capacity Building Investments Window
EaSI Guarantee Instrument
EaSI Funded Instrument
European Progress Microfinance Facility
Entrepreneurs supported through Progress Microfinance
European Fund for Strategic Investments (EFSI)
How does EIF contribute to EFSI
How to apply for EFSI financing
Regional Development - Country and sector-specific initiatives
Normandie Garantie Agri
FAIRE - La Réunion
Auvergne Rhône-Alpes FEADER
Recovery Equity Fund of Funds of Bulgaria
Fons d’Inversió en Tecnologia Avançada (FITA) Catalonia
Dutch Future Fund (DFF)
Dutch Alternative Credit Instrument (DACI)
PORTUGAL BLUE: a new initiative for blue economy investments
JEREMIE Greece Reflows – Business Angels’ Co-Investment Equity Instrument
German Corona Matching Facility (CMF)
Portugal Growth programme
Central and Eastern European Technology Transfer (CEETT)
Croatian Growth Investment Programme (CROGIP) II
Croatian Growth Investment Programme (CROGIP)
Croatian Venture Capital Initiative 2 (CVCi 2)
AGRI Italy Platform Uncapped Guarantee Instrument
DISPOSITIF INSTRUMENTS FINANCIERS BOURGOGNE FRANCHE-COMTÉ
ALTER’NA – ESIF EARFD Nouvelle-Aquitaine
Baltic Innovation Fund 1 (BIF 1)
Baltic Innovation Fund 2 (BIF 2)
Central Europe Fund of Funds (CEFoF)
Croatian Venture Capital Initiative (CVCi FoF)
Competitiveness Fund-of-Funds for SMEs in Romania
The Cyprus Entrepreneurship Fund (CYPEF)
Deep and Comprehensive Free Trade Area Initiative East Guarantee Facility (DCFTA)
EU4Business Capped Guarantee
Dutch Growth Co-Investment Programme
Dutch Venture Initiative (DVI-II)
ESIF Fund-of-Funds Greece
EAFRD FoF Portugal
EAFRD FoF Romania
The ERP-EIF Facility
ERP-EIF Co-Investment Growth Facility
The LfA-EIF Facilities
The German Future Fund (GFF) - EIF Growth Facility
INAF – French National Agricultural Initiative
ESIF Energy Efficiency and Renewable Energy Malta
Regional Fund-of-Funds Romania
ESIF Fund-of-Funds Czech Republic
The Silesia EIF Fund of Funds
La Financière Région Réunion
The EIB Group Risk Enhancement Mandate (EREM)
EstFund
Call for Expression of Interest for FOSTER II
Greater Anatolia Guarantee Facility (GAGF)
G43 - Anatolian Venture Capital Fund Project
InvestBG Equity Instrument
JEREMIE
Romania Recovery Equity Fund of Funds
JEREMIE Romania Reflows – Equity Instrument
Luxembourg Future Fund 1 (LFF)
Luxembourg Future Fund 2
Mezzanine 'Fund of Fund' for Germany (MDD)
NEOTEC resources
Polish Growth Fund of Funds (PGFF)
Portugal Venture Capital Initiative (PVCi)
Scottish-European Growth Co-Investment Programme
Slovene Equity Growth Investment Programme (SEGIP)
Swedish Venture Initiative (SVI)
Turkish Growth and Innovation Fund (TGIF)
Western Balkans Enterprise Development & Innovation Facility (WB EDIF)
EAFRD FoF Greece
Irish Innovation Seed Fund (IISF)
RRF Czech Republic Fund of Funds

EIB Group cooperation with China to be strengthened with new EUR 500 million Silk Road Fund equity investment initiative

  •  
    Date: 02 June 2017

At the EU-China summit today the European Investment Fund and the Silk Road Fund signed a Memorandum of Understanding that outlines new strategic cooperation to support equity investment across Europe. Once operational the China-EU Co-Investment Fund is expected to provide EUR 500 million, jointly backed by the European Investment Fund and the Silk Road Fund, to support equity investment.

The agreement to establish the China-EU Co-Investment Fund was signed at the 19th European Union China Summit in Brussels in the presence of the Premier of the People's Republic of China, Li Keqiang, President of the European Commission, Jean-Claude Juncker, and the President of the European Council, Donald Tusk.

“The European Investment Bank Group works with Chinese partners to support transformational investment around the world that reflects our shared recognition of the importance of sustainable development. The new China-EU Co-Investment Fund will build on the strong spirit of partnership between Europe and China and I wish all involved the best of success.” highlighted Jonathan Taylor, European Investment Bank Vice President responsible for East Asia.

Creation of the China-EU Co-Investment Fund will help to further develop synergies between the China’s Belt and Road initiative and the Investment Plan for Europe, the so-called "Juncker Plan", the European Union’s strategy to mobilise EUR 315 billion of new public and private investment across Europe.

The European Commission and China's National Development and Reform Commission have played an important role in supporting discussions which led to the signature of the Memorandum of Understanding. Today’s signature follows the commitment made by China at the High-Level Economic and Trade Dialogue in 2015 to examine opportunities to contribute to the Investment Plan for Europe and enhance cooperation with the EU on investment issues generally. The initiative would complement the SME window of the Juncker Plan's European Fund for Strategic Investments (EFSI), which is already expected to facilitate access to finance for some 416,000 small businesses across Europe.

“The China-EU Co-Investment Fund will bring together unique financial and technical expertise from the European Investment Fund and the Silk Road Fund. This exciting new initiative will strengthen investment into private equity and venture capital funds to support growing companies across Europe in the years ahead.” confirmed Pier-Luigi Gilibert, Chief Executive of the European Investment Fund.

Following today’s signature of a Memorandum of Understanding between the European Investment Fund and the Silk Road Fund it is envisaged to establish the China-EU Co-Investment Fund in the coming months.

The new initiative reflects the broad cooperation between the European Investment Bank Group and Chinese partners supporting climate related investment across China, development of green bonds in cooperation with the People’s Bank of China and working with China based international financial institutions.

Background information:

The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals.

Press contacts:

European Investment Fund:
David Yormesor
d.yormesor@eib.org
+352 43 79 81346
Mobile:  +352 621 554 578
Website: www.eib.org/press

EIB:
Richard Willis
r.willis@eib.org
tel.: +352 43 79 82155
Mobile:  +352 621 55 57 58
Website: www.eib.org/press 

Press Office:
tel.: +352 4379 21000
press@eib.org
Follow us on Twitter @eib

Note: Following the recent withdrawal of the United Kingdom from the European Union, we are updating the relevant EIF.org pages.

 
 

Copyright ©

 European Investment Fund   – The European Investment Fund is not responsible for the content of external internet sites.