Investment & Fund Management
The European Investment
Full Credential Description
The European Investment Fund (EIF) has committed 50 million to Kartesia Asset Finance III (KAF III), a fund managed by Flexam Invest, which specializes in financing tangible industrial assets for European mid-cap companies and SMEs. This investment aims to enhance access to financing for these companies, particularly those involved in projects that promote growth and sustainable innovation. KAF III is designed to support the growth and transformation capital expenditures of these businesses, focusing on sectors that drive decarbonization and sustainable practices.
KAF III has successfully raised nearly 200 million at its second closing, with a target fund size of 500 million. The fund plans to facilitate approximately 30 transactions, each secured by mobile assets critical to the borrowers' operations. This strategic investment aligns with the EIF's mission to foster a sustainable and resilient economy, particularly through initiatives that support the green transition and the ongoing development of small and medium-sized enterprises.
Flexam Invest, which became part of Kartesia in 2023, has seen significant growth, increasing its workforce by 80% over the past two years. This partnership has strengthened capital-raising efforts for KAF III, leveraging synergies within the Kartesia group to enhance the financing capabilities for sustainable projects across Europe. The collaboration reflects a commitment to supporting the real economy while adhering to environmental sustainability criteria, thereby positioning Flexam Invest as a key player in the European industrial landscape.