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SOFIA (Bulgaria), February 10 (SeeNews) - Bulgaria s Silverline Partners, a financial intermediary selected by the Fund of Funds in Bulgaria (FoF), has sta
Bulgaria s Fund of Funds, Silverline Partners sign deal for new mezzanine/growth fund Photo: FoF Bulgaria/ All rights reserved.
SOFIA (Bulgaria), February 1 (SeeNews) - Bulgaria s state-run Fund of Funds (FoF) said it signed an agreement with local consortium Silverline Partners to implement a new EU-financed mezzanine/growth fund.
Silverline Partners, comprising four private individuals and Sofia-based River Styx Capital, will manage 83.7 million levs ($51.7 million/42.8 million euro), of which 75.3 million levs in public resources contributed by the FoF, the FoF said in a statement last week.
The resources for the fund are made available under the Operational Programme Innovation and Competitiveness 2014 2020, which is co-financed by the EU Regional Development Fund.