RiverRock European Capital Partners has completed the second institutional closing for its European Opportunities Fund (EOF) following investment from major UK and continental European institutional investors.
EOF is a five-year investment vehicle providing direct lending to strong, small to mid-sized businesses looking for growth or working capital. It typically invests between €5 million and €15 million in each company and works actively with management to strengthen and expand their businesses.
Following the second close, the fund has around €120 million in commitments. It will hold its final closing in June.
“Opportunities in the European lending space continue to