INVL Private Equity Fund II raised €410 million for investments in eastern europe

INVL Private Equity Fund II has raised €410 million, surpassing its initial €250 million target and €400 million cap. Managed by Invalda INVL Group, the fund seeks majority or significant minority stakes in companies across Poland, the Baltics, Romania, and the EU, typically investing around €35 million per deal. It already signed agreements to invest in Eesti Keskkonnateenused (Estonia’s largest waste-management group) and Poland’s Polmed, with both transactions expected to close in 2025.
Backed by investors such as the European Investment Fund, SEB, Luminor, and Artea Life Insurance, the fund also created a feeder vehicle worth €166 million. INVL recently opened a Warsaw office, led by Sylwester Urbanek, to expand its presence and support regional growth opportunities.