Private equity (PE) funds play a crucial role in stimulating economic development and company growth in Croatia. They attract investors who inject capital into companies with expansion potential, providing them with financial support and expertise they lack to realize that potential. This type of investment enables PE funds not only to provide necessary funds for the growth and development of domestic companies but also to make strategic decisions and optimize business processes. They foster innovation and research and development, helping companies remain competitive in the market, which is particularly important in a dynamic business environment. PE fund investments also have a positive impact on the local economy by creating jobs and promoting economic growth. Financial support and strategic guidance allow companies to expand their operations, open new facilities, and hire more workers. Another important aspect of the role of PE funds is providing owners of companies the opportunity to realize the value of their businesses. PE investors often enter companies with the aim of enhancing them and eventually exiting the investment with returns on their capital. This enables owners to utilize funds for other projects or investments. A specific example of a PE investor in Croatia is the Procetus Capital fund. Through its investments in various sectors, this fund has provided financial support, expertise, and networks to companies, resulting in their growth, expansion, and increased competitiveness. Overall, the role of PE funds in Croatia is multifaceted. They drive economic development through financial support and strategic guidance, promote innovation and research and development, create jobs, and enable business owners to realize value. Through their activities, PE funds contribute to the success and development of companies and become recognized both within the Republic of Croatia and internationally.