The GFF-EIF Growth Facility is an equity mandate deployed by EIF and forms part of the €10bn German Future Fund launched and backed by the German government - represented by the Federal Ministry for Economic Affairs and Climate Action and the Federal Ministry of Finance - on 24 March 2021. Find here the Press release - Launch of the “Zukunftsfonds”.
It has a volume of up to €3.3 billion, funded from the German Future Fund administrated by KfW and KfW Capital, with systematic co-investments from the ERP-EIF Facility and the EIF.
Achievements and focus
The GFF-EIF Growth Facility supports growth- and later stage financing in Germany as part of the broader ambition to sustain the development of a pan-European ecosystem that is able to back EU companies on their path to internationalisation and global leadership.
Against this background, EIF aims to leverage its unique experience and visibility in the market to deploy a broad range of equity instruments effectively supporting innovation, and focusing in particular on digitalisation, clean-tech, life sciences and other relevant sectors.
Commitments from the GFF-EIF Growth Facility, often combined with other EIF mandates, aim to support the funding of portfolio companies based or active in Germany; supported funds are, however, also invest outside Germany.
By 2025 the GFF-EIF Growth Facility has already supported more than 40 funds with c. €1.6 billion in commitments and provided growth funding to more than 400 companies. Insofar, the GFF-EIF Growth Facility aims to replicate the ERP-EIF Facility and expand it to the later stage funding ecosystem.
Substantial added value
As the facility also invests in pan-European funds established outside Germany, it also increases the visibility of German growth companies throughout Europe — as demonstrated by fund managers setting up office presences in Germany. At the same time, pan-European funds will support a growth ecosystem in Germany and across Europe — with the facility serving as its nucleus. The overarching aim is to back German companies on their path to internationalisation and global leadership.
How to apply?
If you are a financial intermediary or a fund manager and you are interested in receiving an investment from EIF under DFF, please get in touch with your existing EIF relationship manager.