Dutch Alternative Credit Instrument

Theme
GeneralDate
15 July 2020Investment
€ 50 millionType of investment
Fund investmentLocation
LuxembourgInvest-NL and the Ministry of Economic Affairs and Climate Policy together with the European Investment Fund launched the Dutch Alternative Credit Instrument (DACI) on 15 July 2021. With an initial capital of € 200 million, DACI will provide funds to non-bank financiers, who in turn will serve the Dutch SMEs. DACI will invest in SME financing funds that mainly provide loans under € 2 million. In total, approximately 250 SMEs will be financed through this scheme.
EIF acts as the implementer and manager of the fund.