Project description
and objectives:
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The proposed project is a regional private equity fund with a target size of
USD 200 million. The Fund will invest for long-term capital appreciation
through privately-negotiated transactions in equity of companies operating in
Southeast Europe and neighbouring countries.
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Transition impact:
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Transition impact comes from demonstration effects through sound investments
in Southeast Europe. The Fund manager is expected to adopt a hands-on approach
by taking positions on boards of portfolio companies and transferring
technical expertise to the portfolio companies. Through the significant
involvement of its local team, the Fund is expected to contribute towards the
transfer of vital investment skills to local managers based in the region.
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The client:
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Southeast Europe Equity Fund II LP is a private equity fund to be established
as a Cayman Islands exempted limited partnership. Bedminster Capital
Management LLC will be the Fund Manager and will provide advice and assistance
with respect to investment decisions and other activities of the Fund.
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EBRD finance:
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Commitment to invest up to USD 50 million in the equity of the Fund, subject
to the size of the Fund. The co-financing is expected from a range of
institutional investors, including European and US institutional investors as
well as from the Overseas Private Investment Corporation (OPIC).
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Total project cost:
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Target size of the Fund is USD 200 million.
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Environmental impact:
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The Fund will follow the EBRD's Environmental Procedures for Private Equity
Funds. In implementing these procedures, the Fund will assess potential
environmental issues associated with its investments which are required to
comply, at a minimum, with local/national health, safety, labour,
environmental and public consultation requirements.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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David Mathewson, Managing Director
Email:
dmathewson@bedminstercapital.com
Phone: +1.908.234.1707
Dimiter Gurdjilov, Vice President
Email:
dgurdjilov@bedminstercapital.com
Phone: +1.908.234.1063
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EBRD contact:
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Safiatou Lawson, Operation Leader: lawsons@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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