Venture debt firm Orbit Capital has announced the launch of its second investment fund, Growth Debt II, securing €100 million to support fast-growing technology companies in CEE that often fall outside traditional bank lending criteria.
Following the success of its initial €40 million Growth Debt I fund, the new vehicle has already reached a first close of €70 million, with final negotiations underway. Key investors in the fund include the European Investment Fund (EIF), Česká Spořitelna (the Czech Republic’s largest bank), and Rentea, a pension company under the Partners Group. Retail investors will also have access to the fund through a separate investment vehicle provided by Conseq.
Targeting a gap in the market
“Venture…
