Membership in the Croatian Private Equity and Venture Capital Association (CVCA) and active participation in its activities directly contribute to the creation of a dynamic and competitive investment market, which plays an essential role in the development of the Croatian economy. The success of CVCA relies on the active involvement of its members in shaping a favorable environment for the development of private equity (PE) and venture capital (VC) markets.

Croatian Private Equity and Venture Capital Association (CVCA) aims to facilitate the creation of a conducive environment for private equity and venture capital investments in Croatia and the broader region. In addition, CVCA seeks to encourage the development and promotion of an investment culture that supports entrepreneurial activity and growth. Besides being active in Croatia, CVCA also promotes the development of the private equity and venture capital industry in the wider South East Europe (SEE) and Central and Eastern Europe (CEE) regions, recognizing the interconnectedness of regional markets.

CVCA serves as the central meeting point for all members of the private equity and venture capital industry in Croatia, fostering collaboration and dialogue among investors, fund managers, regulators, advisors, and other stakeholders. Through its activities, CVCA strives to bring together all private equity and venture capital funds with headquarters or representative offices in Croatia and the region, promoting exchange of best practices, market standards, and investment opportunities.

Creating a favorable legal and regulatory environment, and presenting evidence of its necessity, is key to attracting both domestic and international private equity and venture capital investments. CVCA actively works with lawmakers and regulators to develop and improve the legal framework governing PE and VC markets, advocating for policies that enable sustainable investment growth.

Moreover, dissemination of knowledge about how PE and VC markets operate is essential to CVCA’s mission. Helping market participants understand how private equity and venture capital contribute to economic and entrepreneurial development, job creation, increased competitiveness, and capital market expansion is a precondition for building a robust investment ecosystem. Investors, funds, banks, law firms, accountants, and other advisors should be well-informed on how these markets function and how they can contribute to economic growth.

The activity of CVCA and its members directly contributes to the growth of the Croatian private equity and venture capital market, leading to a higher number of transactions, better access to capital for businesses, and dynamic development of enterprises and the capital market overall. Private equity and venture capital investments are particularly significant for the Croatian economy as they target high-growth companies with the potential for rapid scaling and job creation, thus fostering long-term economic development.

Today, CVCA members manage over EUR 4.2 billion in capital, dedicated to investments in Croatia and the region.

Regular members of CVCA include: Aymo Ventures, BlackPeak Capital, Blue Sea Capital, ECM Partners, Eleven Ventures, Enterprise Investors, Fil Rouge Capital, Feelsgood Capital Partners, GreenArt Equity (formerly CEE Equity Partners), GYAS, HMID d.o.o. (Croatian Pension Investment Company), Inspire Investments, Integral Venture Partners, InterCapital Asset Management, Invera Private Equity, Mezzanine Partners, N Vision Ventures, Orbit Capital, Prosperus Invest, Provectus Capital Partners, Roca X, Silicon Gardens, and Vesna VC — totaling 23 regional private equity, venture capital, and other alternative investment fund managers.

In addition to regular members, CVCA’s associate members represent key service providers supporting the PE and VC industry, including Bradvica Marić Wahl Cesarec Skerlev odvjetničko društvo d.o.o. (law firm), Cohres d.o.o., Forvis Mazars, Hren Tomašković odvjetničko društvo d.o.o. (law firm), Kovačević Prpić Simeunović odvjetničko društvo d.o.o. (law firm), Law firm Kramarić & Partners (Odvjetničko društvo Kramarić & Partneri d.o.o.), Raiffeisen Bank International, VentureXchange Ltd., and Wolf Theiss Rechtsanwalte GmbH (law firm), representing 9 distinguished advisory and financial institutions.

Through collaboration and shared expertise, CVCA members play a crucial role in supporting entrepreneurship and innovation in Croatia and the region, contributing to building a competitive economy powered by private capital.