GrowthFund transforms into active investor, bridging public and private capital

The key objective of the GrowthFund is to turn economic value into progress for society, its chairman Stefanos Theodoridis in his opening address at the Hellenic Growth Agora, held as part of the 90th TIF.

Theodoridis gave a detailed outline of the GrowthFund’s new development and investment strategy. He noted that Greece had won the recovery challenge and that the next national objective was to move towards a self-sustaining cycle of private investment and innovation.

To achieve this goal, the Fund is transforming itself from a mere asset manager into a credible institutional partner for the private investment community. As he added, the GrowthFund, following this strategy, will co-invest with private investors and act as a multiplier to leverage new capital, further strengthening the recovery.

On his part, Minister of National Economy and Finance and Eurogroup President Kyriakos Pierrakakis praised the role of the Fund in its new era and the value it is creating for citizens.

He also referred in detail to projects initiated by the Fund that are transforming Thessaloniki and northern Greece. Among these, the major redevelopment project of the TIF site clearly stands out, he added.

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