EIF in the Netherlands EUR 2Bn EUR 370M Guarantees and Securitisation EUR 2Bn

EIF in the Netherlands EUR 2bn EUR 370m Guarantees and securitisation EUR 2bn

Microfinance EUR 83m EUR 527m Equity

EUR 5.7m

Total commitments (2011-2015) Expected mobilised resources (2011-2015)

Key figures (at 31.12.2015) a new business loans fund run by the fund manager Robeco in cooperation with ABN AMRO, ING Bank and Rabobank. This ■ First EIF operation in the Netherlands: 1997 is a large debt fund initiative (with up to EUR 1bn target size), ■ 37 supported private equity funds investing in Dutch SMEs coordinated by the Netherlands Investment Institution and aimed ■ 11 partner finance and guarantee providers at channelling institutional investors’ resources towards boosting the overall lending capacity for the benefit of Dutch SMEs and ■ Over 14,000 Dutch SMEs supported mid-caps.

Equity As part of its securitisation activities, EIF signed one securitisation transaction in the Netherlands in 2015 allowing the originator, EIF investments in the Netherlands cover the full range of the a dedicated SME lease provider, to raise funding which is equity spectrum, from technology transfer, venture capital expected to result in almost EUR 300m of additional lending in and private equity funds investing in intellectual property and support of Dutch SMEs. innovative SMEs to lower mid-market funds.

In 2015, EIF invested in the Netherlands EUR 130m into six Microfinance funds which is expected to mobilise EUR 420m. Four of the EIF is also addressing the financing gap faced by micro- transactions (HPE Fund II, Karmijn Kapitaal Fund II, Thuja Capital entrepreneurs and social enterprises across Europe by managing Healthcare Fund II and Henq III) also benefit from the support on behalf of the European Commission the Employment and of the European Fund for Strategic Investments (EFSI), which is at Social Innovation (EaSI) Guarantee Financial Instrument and its the heart of the Investment Plan for Europe. predecessor the European Progress Microfinance Platform (EPMF). In 2015, EIF signed under EaSI a microfinance transaction with Furthermore, EIF manages the Dutch Venture Initiative (DVI), Qredits, expected to mobilise EUR 50m of micro-loans to Dutch a EUR 202.5m fund of funds launched in 2013 jointly with micro-entrepreneurs while also contributing to job creation and Participatiemaatschappij Oost Nederland with the support social cohesion. Previously, EIF has been cooperating with Qredits of the Dutch Ministry of Economic Affairs, and in which the under the EPMF initiative. Brabantse Ontwikkelings Maatschappij decided to participate in December 2014. By end of 2015, DVI was fully committed with a total portfolio size of EUR 1.2bn and with already six positive exits (five trade sales, one initial public offering). EIF at a glance The European Investment Fund (EIF) is Europe’s leading risk finance Funded under DVI, EIF recently also launched the European provider for small and medium-sized enterprises (SMEs) and mid- Angels Fund (EAF) Netherlands, a EUR 45m initiative offering caps, with a central mission to facilitate their access to finance. As co-investment financing along with business angels and other part of the European Investment Bank (EIB) Group, EIF designs, non-institutional investors. promotes and implements equity and debt financial instruments which specifically target the needs of these market segments. Guarantees and securitisation In this role, EIF fosters EU objectives in support of innovation, research Under the EU Programme for Competitiveness of Enterprises and development, entrepreneurship, growth, and employment. EIF manages resources on behalf of the EIB, the European Commission, and SMEs (COSME), EIF signed in 2015 a risk-sharing portfolio national and regional authorities and other third parties. EIF support guarantee with the Dutch microfinance institution Qredits, which to enterprises is provided through a wide range of selected financial is expected to generate EUR 25m of new loans to SMEs. The intermediaries across Europe. Since its inception in 1994, EIF has transaction benefits also from the EFSI guarantee. supported over 1.8 million SMEs.

Under the EIB Group Risk Enhancement Mandate (EREM), EIF EIF is a public-private partnership whose tripartite shareholding structure includes the EIB, the European Union represented by the signed the first loan fund investment in Bedrijfsleningen Fonds, European Commission and various public and private financial institutions from European Union Member States and Turkey. For further information visit www.eif.org. does not constitute an offer nor an invitation to acquire or dispose of any debt or other securities of EIF.of securities other or debt any of dispose or acquire to invitation an document nor This offer an document. this of constitute not does completeness and accuracy the for guarantee or liability any assume not does EIF only. purposes information for is document This instability in critical situations. instability proactively address signs the early of hemodynamic and predict to clinicians allows provides it data saving life- detailed the and situations, emergency in taken be to care path the determine help to able is device The way. say, a non-invasive in doctors as “beat-to-beat” or continuously, output cardiac and pressure blood patients’ measure and capture to cuff finger asimple utilising most advanced cardiovascular monitoring capabilities the of one offering Nexfin® called device monitoring acardiac developed BMEYE company Dutch The information. reliable yet fast them give will which and accessible easily be will which equipment need they diagnosis, rapid For vital emergency. an in conditions vascular or heart with patients treat doctors when as such counts… second every when life in are situations There togrow hisbusiness. needed he capital the him give to innovation, in investing firm capital a venture Partners, (CIP). 360 allowed Programme Capital Framework CIP Innovation and Competitiveness the through from EU support benefited has who entrepreneurs many of Ree isone Rob de CIP: through investment EU-supported devices Cardiovascular monitoring Type ofbusiness: B.V.,BMEYE Amsterdam Company: EUR 2m

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