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From theory to practice.....
In the winter of 2003 the TSMEDE Pension Fund became the first to decide an investment in a PE fund following a
decision by its Board of
Directors to participate in the VC fund managed by Attica Ventures.In March 2004 the ZAITECH fund, a venture capital fund, was set up under the management of Attica Ventures. Its shareholders/investors are Bank of Attica and the New Economy Development Fund (TANEO).To date it has not been possible for TSMEDE to carry out
its investment decision
due to the reasons set out above.