European Investment Fund

OverviewSuggest Edit

European Investment Fund (EIF) is a company that aims to improve access to finance for SMEs and small mid-caps. It designs, promotes and implements equity and debt financial instruments which specifically target SMEs. The company fosters EU objectives in support of entrepreneurship, growth, innovation, research and development, and employment.

TypePrivate
Founded1994
HQEttelbruck, LU
Websiteeif.org
Employee Ratings2.7

Latest Updates

Employees (est.) (Jul 2021)590(+2%)
Revenue (FY, 2019)€258.3 M(-4%)
Cybersecurity ratingAMore

Key People/Management at European Investment Fund

Alain Godard

Alain Godard

Chief Executive
Roger Havenith

Roger Havenith

Deputy Chief Executive
Alessandro Tappi

Alessandro Tappi

Head of Equity Investments & Guarantees
Hubert Cottogni

Hubert Cottogni

Head of Mandate Management
Markus Schillo

Markus Schillo

Head of Operations and Information Management
Jobst Neuss

Jobst Neuss

Head of Risk Management
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European Investment Fund Office Locations

European Investment Fund has offices in Ettelbruck, Sofia, Athina, Roma and in 4 other locations
Ettelbruck, LU (HQ)
37 Avenue J-F Kennedy
Sofia, BG
ul. "Moskovska" 9
Athina, GR
Leof. Vasilissis Sofias 60
Roma, IT
Via Sardegna, 40
Rīga, LV
K, Krišjāņa Valdemāra iela 21, Centra rajons
București, RO
UTI Business Center, Strada Vasile Lascăr 31
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European Investment Fund Financials and Metrics

Summary Metrics

Founding Date

1994
Show all financial metrics

European Investment Fund Revenue

European Investment Fund's revenue was reported to be €258.27 m in FY, 2019 which is a 4.5% decrease from the previous period.
EUR

Revenue (FY, 2019)

258.3m

Revenue growth (FY, 2018 - FY, 2019), %

(4.5%)

Net income (FY, 2019)

175.7m

EBIT (FY, 2019)

97.2m

Cash (31-Dec-2019)

241.6m
EURFY, 2017FY, 2018FY, 2019

Revenue

262.8m270.5m258.3m

Revenue growth, %

3%(5%)

General and administrative expense

106.3m124.2m124.3m

Operating expense total

150.3m165.8m161.1m
EURFY, 2017FY, 2018FY, 2019

Cash

284.1m309.7m241.6m

PP&E

426.3k380.0k333.7k

Total Assets

2.5b2.7b3.0b

Accounts Payable

58.9m199.5m248.7m
EURFY, 2017FY, 2018FY, 2019

Net Income

110.1m127.6m175.7m

Depreciation and Amortization

83.9k58.6k46.3k

Cash From Operating Activities

31.8m36.4m(19.8m)

Cash From Investing Activities

9.3m(113.5k)(37.8m)
EURFY, 2017

Revenue/Employee

551.0k

Financial Leverage

1.3 x
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European Investment Fund Operating Metrics

FY, 2017FY, 2018FY, 2019

Investments Deployed

€9.3 b€10.1 b€10.2 b

Investments Deployed (Innovation)

€4.3 b

Transactions

345347382

Volumes Leveraged

€35.4 b€43.7 b€58.9 b
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European Investment Fund Revenue Breakdown

Embed Graph

European Investment Fund revenue breakdown by business segment: 7.5% from Interest and Similar Income, 8.4% from Income from Private Equity Investments, 21.4% from Net Result from Financial Guarantee Operations, 62.1% from Commission Income and 0.6% from Other

European Investment Fund Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

European Investment Fund Online and Social Media Presence

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European Investment Fund News and Updates

Dutch social impact venture fund Rubio doubles fund size with EU backing

Dutch impact investing fund manager Social Impact Ventures has launched its second fund and adopted a new name; Rubio Impact Ventures. The first closing of the new fund at €55 million includes continued strong support from the European Investment Fund with a €20 million participation, as well as a €…

Germany: EIB Group and Commerzbank join forces to support small and mid-sized companies in COVID-crisis

The EIB Group, consisting of the European Investment Bank (EIB) and the European Investment Fund (EIF), has provided a mezzanine tranche guarantee of around €125 million to Commerzbank AG on an existing portfolio of loans to small and medium-sized companies (SMEs and mid-caps).

EU and Helenos back microfinance in Lithuania through investments in the Lithuanian Central Credit Union

With EU-backing, some €3 million will become available for the Lithuanian Central Credit Union to strengthen its position and capacity in providing credit to Lithuanian small and micro-businesses. Under the ‘Capacity Building Investments’ window of the EU’s programme for Employment and Social Innova…

Espoo-based SpaceTech startup ICEYE lands €74 million to grow its satellite constellation

Finnish SpaceTech startup ICEYE today announced the closing of a larger than planned approx. €74 million Series C funding, led by return investor True Ventures, with a significant additional investment by OTB Ventures.

COVID-19 recovery plan: European Investment Fund (EIF) increases counter-guarantee support to SIAGI to €235 million thanks to the backing of EU programme COSME

The EIF announced today that it has extended its counter-guarantee to SIAGI (Société de caution mutuelle de l’artisanat et des activités de proximité) to €235 million, compared to €75 million previously. This operation forms part of the direct response provided by the European Union and the European…

EIF and HBOR invest in three equity funds in Croatia unlocking €205 million for local SMEs and MidCaps

The European Investment Fund (EIF) and Croatian Bank for Reconstruction and Development (HBOR) will support three private equity funds in Croatia and unlock up to €205 million of investments in growth, expansion, innovation and improved international competitiveness of local SMEs and small mid-caps.
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European Investment Fund Blogs

Claris ventures announces final closing: €85 million for Italian biotech

Fund oversubscription, one year after its launch by the Turin based SGR                        Claris Ventures SGR announces the final closing of “Claris Biotech I” fund and “Claris Biotech I - Parallel Fund” for a total amount of €85 million. The capital raised will be mainly invested in new biotec…

Additional EU funds for Bavarian startups

The European Investment Fund and LfA Förderbank Bayern step up cooperation Venture capital fund of funds topped up to €300 million The European Investment Fund (EIF) and LfA Förderbank Bayern are expanding their successful partnership for startups. The LfA-EIF Facility, a fund of funds aiming to i…

Panakès Partners announces the first closing of its new “purple” global biotech/ medtech fund at €150 million ($180 million)

Panakès will use the successful closing of its second Fund to extend its ​​investment activity to biotech, while maintaining its ongoing activity in medtech, the focus of Panakès first fund Panakès plans to invest the new fund in companies at the forefront of global innovation with the potential to…

EIF rolls out a €100 million COVID-19 InnovFin support fund for innovative companies with its first investments

EIF announces first investments via a €100 million RE-FIT Facility to provide equity funding for companies impacted by COVID-19 in Europe and Horizon 2020 Participating Countries The first investment under the Recovery Equity Facility for Innovative Technology Companies (RE-FIT Facility) - part of …

EIF and ABANCA to strengthen SME recovery in Spain with €220 million

EIF guarantee of up to €154 million to ABANCA to leverage up to €220 million in support for SMEs impacted by the COVID-19 crisis in Spain. The agreement is backed by the Pan-European Guarantee Fund (EGF), part of the €540 billion EU rescue package approved in the wake of the COVID-19 pandemic. The…

ING Belgium and European Investment Fund sign €400 million guarantee agreement for SMEs

Loans support re-start of Belgian economy in wake of COVID-19 crisis ING Belgium signs guarantee agreement with European Investment Fund (EIF) under the “European Guarantee Fund”, to channel financing to hard-pressed Belgian companies. As the first Belgian bank to use the EGF-guarantee, the transac…
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European Investment Fund Frequently Asked Questions

  • When was European Investment Fund founded?

    European Investment Fund was founded in 1994.

  • Who are European Investment Fund key executives?

    European Investment Fund's key executives are Alain Godard, Roger Havenith and Alessandro Tappi.

  • How many employees does European Investment Fund have?

    European Investment Fund has 590 employees.

  • What is European Investment Fund revenue?

    Latest European Investment Fund annual revenue is €258.3 m.

  • What is European Investment Fund revenue per employee?

    Latest European Investment Fund revenue per employee is €437.7 k.

  • Who are European Investment Fund competitors?

    Competitors of European Investment Fund include 3i, Entrepreneurs Fund and Eastern European Property Fund.

  • Where is European Investment Fund headquarters?

    European Investment Fund headquarters is located at 37 Avenue J-F Kennedy, Ettelbruck.

  • Where are European Investment Fund offices?

    European Investment Fund has offices in Ettelbruck, Sofia, Athina, Roma and in 4 other locations.

  • How many offices does European Investment Fund have?

    European Investment Fund has 8 offices.