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eeef Annual Report 2014

The European Energy Efficiency Fund S. A., SICAV-SIF was initiated by the European Commission in cooperation with the European Investment Bank. The initial capitalization provided by the European Commission (€ 125.0m) was increased by contri- butions from the sponsors European Investment Bank (€ 75.0m), Cassa Depositi e Prestiti (€ 59.9m) as well as the Investment Manager, Deutsche Bank (€ 5.0m). eeef started its fundraising activities, aiming to ensure constant investor commitments from the private and public sectors and to grow the Fund sus- tainably. 2014 Activities Report: Funding 27