SG Capital raises €20 million from the European Investment Fund

European Investment Fund (EIF) is committing €20 million as an anchor investor to  – SG Capital Partners AIFP initiative to expand financing for a range of businesses in the Baltic region.

The EIF pledge to SG Capital Baltic Private Credit Fund aims to expand credit for small and medium-sized enterprises (SMEs) and Mid-Caps in the Baltics.

SG Capital Baltic Private Credit Fund, which will be managed by a dedicated team within SG Capital, aims to raise €100 million from a diversified pool of institutional investors, to support companies that lack sufficient bank lending. It will provide senior financing to SMEs and small Mid-Caps mainly in Latvia and Lithuania.

SG Capital Baltic Private Credit Fund expects its first closing in April 2025.

The client SG Capital was advised on by Marta Cera, associate partner at Ellex in Latvia and Niklāvs Zieds, senior associate at Ellex in Latvia.