Economics
Poland Lures Private Equity With $737 Million Co-Investment Plan
- Development fund PFR promotes investment in smaller companies
- Venture capital firm Finch Capital sees Poland as new tech hub
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Poland’s government wants to boost private investment in the country’s small companies, and it’s putting up 2.8 billion zloty ($737 million) of public money to prime the pump.
The Polish Development Fund plans to invest 2.2 billion zloty jointly with private-equity and venture-capital firms, Annemarie Dalka, head of private-equity investments at the fund, said in an interview in Warsaw. Another 600 million zloty will go into a so-called fund of funds intended to kickstart investment in midsize companies.