Elikonos Capital completes 224 million euro fundraise

Elikonos Capital has announced the final closing of its third investment fund, Elikonos 3 S.C.A. SICAV-RAIF, with total capital commitments reaching 224 million euros. This follows an initial closing in October 2023 that raised 175 million euros.

The private equity fund targets small and medium-sized Greek enterprises operating in dynamic sectors, specifically food and industry. To date, the fund has already invested approximately 60 million euros in six Greek companies.

Participants in the fund include domestic and international institutional investors, such as the Hellenic Development Bank, the European Investment Fund, the European Bank for Reconstruction and Development, and the Balkan Social Development Bank. Other contributors include Greek banks, insurance funds, and private investors from Greece and abroad.