European Fund for Southeast Europe
European Fund for
Southeast Europe
Invest in inclusive growth
Financing the Southeast European businesses set to shape the coming decades.
Total Assets: €1.5B (as of Q1 2025)
Investment Theme: MSME Financing
Regions: Southeast and Eastern Europe and the Caucasus
Investment Structure: Private Debt + Blended Finance

Figures as of Q4 24 | *modelled by Finance in Motion based on primary reporting / 3rd-party data
1.3M*
Number of sub-loans facilitated to businesses and households
2.6M*
Indirect jobs supported
54K*
Women-owned enterprises supported
Delivering for investors

We provide diversified access to high-growth markets
Southeast Europe and the Caucasus combine high-growth dynamics with EU integration momentum.
But local capital markets are underdeveloped and do not offer opportunities for diversified exposure.
We give you diversified access via the region's secure banking sector with first- and second-loss protection.
Delivering for local markets

We finance growing MSMEs through local financial institutions
These businesses are critical to their economies – growth, jobs and living standards rely on their success.
But they struggle to obtain financing, which stops them from scaling, innovating and transforming their operations.
Through local financial institutions, we provide the financing, advice and capacity building they need to be competitive, sustainable and socially inclusive.
Established local presence
Established local presence
15 Active countries | 79 Partner institutions across the region |
648 Advisory & capacity building projects managed

Sustainability-related disclosures
The European Fund for Southeast Europe pursues a sustainable investment objective in line with Article 9 of the SFDR.