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The company

CNL Capital is the first Venture Capital Participation Company in Greece, covering the funding needs of SMEs.


CNL CAPITAL was founded in mid -2014, a multi- shareholder company from the beginning, with the vision of creating an alternative financing body for SMEs.
CNL CAPITAL meets the financing needs of SMEs, which are financially sound and growing but are not sufficiently supported by the traditional banking industry.
The purpose of CNL CAPITAL, in accordance with Law 2367/1995 as in force, is its participation in the business capital.
CNL CAPITAL is supervised by the Hellenic Capital Market Commission with license number 2/81 / 5.4.2018 as an Alternative Investment Organization under Law 4209/2013.
In July 2018, CNL CAPITAL listed its shares on the Athens Exchange Group.
The investment portfolio of CNL CAPITAL is managed by CNL AIFM.

Panagiotis Lekkas

BoD Chairman, Executive Board Member

Panagiotis Lekkas has more than 25 years of experience in corporate finance, investment analysis and portfolio management as Head of Asset Management Division at Alpha Finance AXEPEY, Director of the Main Branch at Alpha Private Bank and Co-Founder of CNL. He graduated first in his class from the Athens University of Economics and Business (ASOEE) and holds an MBA (with distinction) from London Business School. He is Chairman of the London Business School Greek Alumni Association and Board Member of the Lilian Voudouri Foundation.

Nikos Chloros

Vice-Chairman and Chief Executive Officer, Executive Board Member

Nikos Chloros in his 30-year career has been a consultant at Cambridge Technology Group (USA), a Senior Analyst at Sumitomo Bank (UK) and a Senior Fund Manager at Alpha Trust Mutual Funds (Greece) before co-founding CNL. Nikos has a degree in Applied Mathematics from Brown University and an MBA from London Business School.

Management Message

Since its inception in 2014, CNL Capital, the first Venture Capital Participation Company in Greece, has aimed to provide an alternative source of funding that substantially supports the growth of local SMEs. Using innovative and customized solutions, we cover real market needs. With transparency and professionalism, through demanding but fast processes, we invest in companies that not only survived the adverse economic conditions of the last decade but are also on a growth trajectory and are increasing their market share.

CNL Capital has grown rapidly, consistently increasing its annual turnover while retaining a primary focus on the quality of its portfolio. We continue to approach the fulfillment of our corporate vision with persistence and determination. That Our vision is to be the strategic partner of choice for growing Greek companies, and a leading investment opportunity for shareholders who pursue attractive and predictable returns. We would like to thank all of you for the trust you show us, which we commit to continue honouring.

View financing solutions

Historical Path

10 new investments June 2021
16 new investments
36 new investments
February: SCI € 1.600.000
July: SCI € 4.160.000 & ASE Listing
29 new investments
13 new investments
Full capacity utilization
5 new investments
December: SCI (Share Capital Increase) € 1.500.000
September: 1st investment
2 new investments
€ 800.000 initial capital

Our Vision

To be the ultimate strategic partner that enables the growth and evolution of local companies and helps develop the Greek economy.

Our Mission

To provide a differentiated and alternative funding source that substantially and effectively supports SMEs development.

Our values

We grow transparently, professionally, and by adopting strictly merit-based criteria.

We value our clients’ goals highly, providing quality products, services and overall solutions.

We pursue innovation by creating customized solutions to meet our clients’ most demanding needs.

We meet our goals. We keep our promises.

About us. The first Venture Capital Participation Company in Greece.

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