Morphosis Capital, a private equity firm established by four entrepreneurs – Simona Gemeneanu, Gabriela Dumitru, Dragos Petre and Andrei Gemeneanu, raised more than EUR100 million for its second investment fund, double as much as it raised for its first in 2018.
About one quarter of the amount (EUR25 million) came from the EUR400 million allocated via NRRP for investment funds that plan to use the money to invest in small and medium-sized companies. Part of the money came from the European Investment Fund, the European Bank for Reconstruction and Development and the International Finance Corporation, besides a series of commitments from local and international family offices, such as Inspire Asset Management, the special purpose vehicle of eMAG’s Iulian Stanciu.
With the new fund, Morphosis wants to invest in domestic companies and in other companies in the region, in Bulgaria, Czechia, Croatia, Poland, Slovenia and Slovakia. The EUR50 million of the first fund were invested only in Romanian businesses.
(English version by Loredana Fratila-Cristescu)