Syntaxis on course for €125m

Syntaxis Capital, an Austrian-headquartered mezzanine debt investor, has reached a first close on its maiden fund, raising around €60m almost 18 months after the firm was founded.

The fund will invest in mid-market businesses in the new EU member-states of Central Europe. Typical investment size will range between €5m to €15m, but also be able to structure larger junior capital investments by co-investing alongside the fund’s limited partners.