PROJECT

Projects

Summary of Investment Information

Project Number

49230

Company Name

Cogito Fund II SCSP SICAV-RAIF

Date SPI Disclosed

Feb 29, 2024

Country

Poland

Region

Europe

Projected Board Date

Apr 12, 2024

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 8, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jun 27, 2024
Signed : Oct 10, 2024
Invested : Dec 5, 2024

Sector

Venture Capital Fund

Project Description

 The proposed project consists of (i) an IFC equity commitment of up to €15 million in Cogito Fund II SCA SICAV RAIF (Cogito II or the Fund) and (ii) a co-investment envelope of up to €10 million, on a delegated authority basis, to invest in select companies alongside the Fund.

Cogito II is a closed-end venture capital (VC) fund targeting investments in technology companies primarily in Poland and Central and Eastern Europe (CEE). The Fund will be domiciled in the Grand Duchy of Luxembourg with a target size of €125 million.                                                  

Associated Advisory Engagement

There are no associated advisory engagements with Cogito II.                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation