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  • The Reporter's Notepad. Exclusive reporting, observations from interviews and conversations with sources, plus the most comprehensive Meeting Notes you'll likely ever see.
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€25 million to spend, but nothing to spend it on

URN Daily just spoke to the investment director of Finnish development financier FinnFund, which has €25 million earmarked for equity investments in companies in Ukraine.

The interview (story coming soon to URN Daily subscribers) covered several interesting points. But FinnFind's struggle to find investments that meet their criteria seemed particularly noteworthy.

"Regardless of how hard we try, I don't really think that we are going to be able to find a lot of bankable and investable investments," the investment director said in a call from Helsinki. "We have struggled in identifying such."

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