WBPEF (Western Balkans Private Equity Fund)

Investor type

VC / PE / Angel

Founded

2021

AUM

$80 M

Location

Belgrade, Belgrade, Serbia

Investment Ticket

$10-50 m

Investment Stage

Series B Late Stage (Series C+)

Region of investment

Europe

ESG Focus

Impact investor Women
Investor profile last updated: 22 August, 2026

Profile

Western Balkans Private Equity Fund is a private equity firm based in Belgrade, Serbia, and Milan, Italy. The fund is managed by a team of experts in private equity and acquisitions with substantial experience in the Western Balkan region. With a track record of over 40 billion euros in investments, the firm specializes in value creation through the M&A process and post-acquisition leadership. They focus on industries such as industrial, ICT, agribusiness, inclusive development of local markets, and sustainable energy and infrastructure.

The firm invests in small and midcap companies within the Western Balkans, specifically in Albania, Bosnia & Herzegovina, Croatia, Kosovo, North Macedonia, Montenegro, and Serbia. They support business growth through new strategies, technological innovation, and strengthening management controls. WBPEF provides private equity for majority and minority ownership as development or substitution capital, including management buyouts and buyins. Their approach includes offering access to financing for growth and development.

Notable investments by the Western Balkans Private Equity Fund include engagements with companies that facilitate business growth through strategic projects and organizational development. The firm places significant emphasis on ESG and female empowerment as part of its investment strategy. The advisory board of WBPEF is highly experienced, bringing international expertise to support their portfolio companies.

Industry

Agriculture Financial Services Fintech Food and Beverage Foodtech Gaming Industrial IT Services Infrastructure Energy

Contacts

Name
Title
Email
avatar
Lazar Vujaklija General Partner
General Partner
-
avatar
Milena Naumović Investor Relations Manager
Investor Relations Manager
-
Upgrade to see contacts
avatar
GAODJuVoLjYH4nNa GAODJuVoLjYH4nNa
GAODJuVoLjYH4nNa
avatar
GAODJuVoLjYH4nNa GAODJuVoLjYH4nNa
GAODJuVoLjYH4nNa
avatar
GAODJuVoLjYH4nNa GAODJuVoLjYH4nNa
GAODJuVoLjYH4nNa
Investment-team contacts for WBPEF (Western Balkans Private Equity Fund) — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
Instant access on the web. Plans from $129/month — see pricing.
Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about WBPEF (Western Balkans Private Equity Fund)

WBPEF (Western Balkans Private Equity Fund) is a venture capital and private equity firm that also operates as an angel investor. It backs companies at Series B and Late Stage (Series C+), writing tickets of $10-50 m.
WBPEF (Western Balkans Private Equity Fund) is located in Belgrade, Belgrade, Serbia.
WBPEF (Western Balkans Private Equity Fund) was founded in 2021.
WBPEF (Western Balkans Private Equity Fund) invests in companies and startups in Agriculture, Financial Services, Fintech, Food and Beverage, Foodtech, Gaming, Industrial, IT Services, Infrastructure, Energy.
WBPEF (Western Balkans Private Equity Fund) invests in companies and startups in Europe.
WBPEF (Western Balkans Private Equity Fund) invests in companies and startups at Series B, Late Stage (Series C+).
WBPEF (Western Balkans Private Equity Fund) usually invests $10-50 m on average.
WBPEF (Western Balkans Private Equity Fund) has around $80m assets under management.
WBPEF (Western Balkans Private Equity Fund) invests and supports Women startups and founders.
Yes, WBPEF (Western Balkans Private Equity Fund) is impact investor.
WBPEF (Western Balkans Private Equity Fund) can be reached through its website wbpe.fund, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for WBPEF (Western Balkans Private Equity Fund) — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query WBPEF (Western Balkans Private Equity Fund) directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 22 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.