Thanks to the investment strategy and success of Cathay Capital’s investment strategy, the first Cathay Midcap II closing was completed within a few months.
Jyrki Katainen, Vice-President of the European Commission in charge of Jobs, Growth, Investment and Competitiveness, said: “We have been working in this direction since the creation of the EU-China Working Group in 2015 at the Economic and Trade Dialogue in Beijing, I am very pleased that we are now seeing the fruits of this workforce and that the Cathay Midcap Fund will finance high-potential European and Chinese mid-cap companies in strategic sectors, it’s a very good example of how private and public investors can work together. ”
Pier Luigi Gilibert, Managing Director of EIF, said: “This first investment in the EU-China co-investment fund adds a new dimension to Europe’s small business financing strategy.” Investing in SMEs contributes to the growth of savings and job opportunities with Cathay Capital will help boost European corporate finance. ”
Mingpo Cai, President and Founder of Cathay Capital, said, “This new investment vehicle will leverage Cathay Capital’s accumulated expertise over the last decade to help the hidden champions in their international acceleration to become global leaders. and to generate superior returns for investors. We thank our historical LPs for their support and trust, and invite the new LPs to join the Cathay ecosystem. ”
Cathay Midcap II is expected to begin investing in the second half of 2018 and complete its final closing by the first half of 2019.
The European Investment Fund is implementing the SME window as part of the Investment Plan for Europe.
The Investment Plan for Europe, the Juncker Plan, is one of the EU’s top priorities to boost investment, create jobs and create growth by removing barriers to investment by offering visibility and technical assistance to investment projects and by making better use of existing and existing infrastructure. new financial resources.
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