PIRAEUS TANEO is a Venture Capital Mutual Fund (A.K.E.S.) that was formed subject to the provisions of Law 2992/2002, in December 2008. The committed capital is €30 million that can be increased up to €40 million. The investors of the Fund are the New Economy Development Fund (TANEO) and Piraeus Bank, with a 49.99% and 50.01% participation respectively. The Fund's Manager is Piraeus Capital Management S.A., a subsidiary of Piraeus Bank. The Fund will invest in Greek small and medium sized enterprises with good growth prospects, arising from the application of innovative methods and technologies.
http://www.piraeusbank.gr/
