European Investment Fund
The European Investment Fund (EIF), engl. European Investment Fund , based in Luxembourg City , was founded in 1994 . The main shareholders are the European Investment Bank (64%), the EU Commission (30%) and various European banks and financial institutions. The founding capital of the EIF was two billion euros.
tasks
The EIF specializes in venture capital financing and guarantees for small and medium-sized enterprises . The EIF does not grant financing directly to companies, but uses other intermediary institutions such as B. private banks.
organs
The EIF has three bodies that manage and control its business:
- the general assembly
- the board of directors
- the managing director
more details: statutes of the EIF Art. 10-21.