Publication - FOI/EIR release

Private investment leveraged by Scottish European Growth Co-investment Fund: FOI release

Published: 12 Oct 2018

Information request and response under the Freedom of Information (Scotland) Act 2002.

Published:
12 Oct 2018
Private investment leveraged by Scottish European Growth Co-investment Fund: FOI release
FOI reference: FOI/18/02483
Date received: 12 September 2018
Date responded: 12 October 2018
 
Information requested

You asked for details of how much private investment has been leveraged by the Scottish European Growth Co-investment Fund in the last three years.

Response

The Scottish European Growth Co-investment Fund, delivered by the European Investment Fund (EIF) under an agreement with Scottish Enterprise (SE) opened in June 2017. The £50m commitment from the Scottish Government through the Scottish Growth Scheme matches a £50m commitment from the EIF.  This is in turn will be matched by at least £100m from EIF accredited Fund Managers.  Investment to date of £2m (£0.5m provided by Scottish Enterprise, £0.5m from the European Investment Fund together with £1m from the EIF accredited Fund Manager) leveraged £.5m from private sector investors. 

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Contact

Please quote the FOI reference
Central Enquiry Unit 
Email: ceu@gov.scot
Phone: 0300 244 4000 


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