The investment company Central Europe Industry Partners (CEIP) has launched another investment fund in the Czech Republic and Slovakia focusing on the development of small and medium-sized enterprises specializing not only in traditional industries, such as engineering, but also in automation, aviation and energy industry and related services. The new private equity fund Central Europe Industry Partners II. has CZK 1 billion under management and plans to increase this volume to CZK 1.75 billion by the end of the year and close the fund to investors. The fund targets a net IRR of 20% over a ten-year investment horizon.
