Morphosis Capital Doubles Down with €100 Million Fund II Launch

Morphosis Capital Partners BV, a growth capital fund based in Bucharest, Romania, has announced the launch of its second investment vehicle, Morphosis Capital Fund II. This new fund boasts more than €100 million in committed capital, doubling the amount of its first fund. The Fund II targets small and medium-sized enterprises in Romania and extends its focus to include key regional markets such as Bulgaria, Croatia, Czechia, Poland, Slovakia, and Slovenia. Primary sectors of interest include healthcare, B2B services, consumer products, retail, and niche manufacturing. With plans to make 9-10 investments ranging from €10 to €15 million each, Fund II aims to enhance organic growth and M&A opportunities for its portfolio companies. The prior success of Fund I, which achieved a 30% IRR and facilitated strategic acquisitions, underpins Morphosis Capital's growth strategy. Fund II has already deployed capital in Mark Twain International School, Romania's first private educational institution with a dual curriculum, and Supermarket La Cocos, a local retailer. The fund has attracted capital from the European Investment Fund, the European Bank for Reconstruction and Development, and the International Finance Corporation, solidifying its status as a leading private equity fund centered on Romania.