SEAF Blue Waters Growth Fund announces a new investment in a growth-oriented software development firm in Vietnam. VietSoftware International (VSII) received financing to expand to meet growing demand for its services from both current and potential customers.
Finnfund approves a EURO 3 million equity investment in the SEAF South Balkan Fund (SBF). Finnfund will be the sixth shareholder in the fund and its investment increases the total fund size to EURO 13.15 million.
SEAF Trans-Balkan Romania Fund LLC has exited its last investment, completing its term with excellent results. The fund, with USD 8.5 million in committed capital, invested a total of USD 7.5 million in small and medium enterprises across Romania, and achieved a gross IRR of 40% and 2.4 times the invested capital.