# BlackPeak Southeast Europe Growth Equity Fund II

> BlackPeak Southeast Europe Growth Equity Fund II SCSp (Luxembourg) announced a €125M FIRST close on November 9, 2026. The target is €150M and hard cap €200M, with final close expected in 2027; neither target is raised capital. Focus: €7M–€20M growth-equity minority/majority investments in Bulgaria, Romania, Croatia, Slovenia and Serbia, targeting 10–12 portfolio companies. EIF (€35M), EBRD (€30M) and IFC (€20M) are named LPs.

## Profile

- **Reported initial check:** EUR 7M–EUR 20M
- **Check-size evidence basis:** reported
- **Founded:** 2026
- **Headquarters:** Luxembourg (GP); Southeast Europe investment focus
- **AUM:** N/A
- **Rounds they lead:** Growth
- **Rounds they invest:** Growth
- **Check-size source:** https://www.blackpeak-capital.com/news/blackpeak-capital-announces-125-million-first-close-of-southeast-europe-growth-equity-fund-ii
- **Last verified:** 2026-11-09

## Links

- [Website](https://www.blackpeak-capital.com/news/blackpeak-capital-announces-125-million-first-close-of-southeast-europe-growth-equity-fund-ii)

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** November 9, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/fund/blackpeak-southeast-europe-growth-equity-fund-ii