Call for Selection of Financial Intermediary Under the Pre-IPO Alternative Investment Fund Programme Launched
HBOR has launched a Call for Selection of Financial Intermediary Under the Pre-IPO Alternative Investment Fund Programme.
For the implementation of the Programme, the amount of EUR 30 million has been provided, and the funds are intended for investments in private equity funds that will invest in companies with high growth potential and promising opportunities for listing securities on public capital markets in the medium term, i.e. in a period of three to five years.
The objective of the Programme is to enhance the availability and diversify the funding sources for companies with high growth potential, to enable them to access capital through investments of alternative investment funds, and to foster the development of the capital market in the Republic of Croatia.
The programme is implemented as part of the Strategic Framework for the Development of the Capital Market in the Republic of Croatia 2025 - 2030, with an emphasis on investments that contribute to economic and social development, sustainability goals, and balanced and sustainable regional development.
The funds will be invested exclusively through financial intermediaries, i.e. alternative investment funds, and the funds will be used to make equity or quasi-equity investments in final beneficiaries. Eligible final beneficiaries are companies in private or majority private ownership, including companies in the following stages: start-up, later stage venture, growth capital, replacement capital and buyout.
The investment strategy of the Financial Intermediary should aim at investments that will contribute to strengthening internal capacities, corporate governance and the financial position of Final Beneficiaries in order to create the prerequisites for the listing of their securities on public capital markets during the investment process.
Applications, i.e. Investment Opportunities, shall be submitted by 31 August 2026 via e-mail to: equity-origination@hbor.hr.
All details on the terms and conditions of the Call, the selection criteria and the required documentation can be found HERE.
For the implementation of the Programme, the amount of EUR 30 million has been provided, and the funds are intended for investments in private equity funds that will invest in companies with high growth potential and promising opportunities for listing securities on public capital markets in the medium term, i.e. in a period of three to five years.
The objective of the Programme is to enhance the availability and diversify the funding sources for companies with high growth potential, to enable them to access capital through investments of alternative investment funds, and to foster the development of the capital market in the Republic of Croatia.
The programme is implemented as part of the Strategic Framework for the Development of the Capital Market in the Republic of Croatia 2025 - 2030, with an emphasis on investments that contribute to economic and social development, sustainability goals, and balanced and sustainable regional development.
The funds will be invested exclusively through financial intermediaries, i.e. alternative investment funds, and the funds will be used to make equity or quasi-equity investments in final beneficiaries. Eligible final beneficiaries are companies in private or majority private ownership, including companies in the following stages: start-up, later stage venture, growth capital, replacement capital and buyout.
The investment strategy of the Financial Intermediary should aim at investments that will contribute to strengthening internal capacities, corporate governance and the financial position of Final Beneficiaries in order to create the prerequisites for the listing of their securities on public capital markets during the investment process.
Applications, i.e. Investment Opportunities, shall be submitted by 31 August 2026 via e-mail to: equity-origination@hbor.hr.
All details on the terms and conditions of the Call, the selection criteria and the required documentation can be found HERE.