# NH Fund

NH Fund is a Private Equity based in Bratislava, Slovakia.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Bratislava, Slovakia
- **Region:** Europe
- **Address:** Bratislava, Slovakia
- **Founded:** 1994
- **Assets under management:** Undisclosed
- **Website:** www.nhfond.sk
- **LinkedIn:** https://sk.linkedin.com/company/nhfond

## Regulatory record

- **Reports private funds:** No

## About

Národný holdingový fond is a specialized subsidiary of Slovak Business Agency that implements support through risk capital. It supports growth-oriented business projects by providing risk capital as equity contributions into companies. It directs the activities of individual funds to stimulate development of the SME sector throughout Slovakia.

## Sectors

- Enterprise Software

## Questions

### Who controls NH Fund?

NH Fund is a wholly owned subsidiary of Slovak Business Agency, a public organization that coordinates EU and state support for small and medium enterprises in Slovakia. Investment activity is governed within this public-policy framework rather than by a single named founder or managing partner.

### Does NH Fund operate as a venture capital firm or a development body?

It operates as a hybrid: it deploys risk capital on commercial terms, seeking an eventual exit at a target return, but does so under a state mandate to develop the Slovak SME sector. Its funding instruments are equity investments, not grants or loans.

### Which investment stages does NH Fund cover?

The firm’s strategy spans early seed, start-up, growth, and expansion stages. Its website confirms a mandate to support both very young companies and those with significant growth trajectories across Slovakia.

### Does NH Fund invest outside Slovakia?

Public documentation places the firm’s explicit mandate within Slovakia, aiming to stimulate SME development across the entire country. No cross-border investment activity beyond Slovakia is disclosed.

## Related profiles

- [NH Bank](https://altss.com/profile/nh-bank)
- [NHK Capital Partners](https://altss.com/profile/nhk-capital-partners)

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Last updated: 2026-08-11T15:07:34.613Z

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