Project description
and objectives:
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The EBRD is considering investing up to 10% of total commitments, not to exceed EUR 100 million, in a regional private equity fund with a target size of EUR 750 million. The fund will seek to invest directly in equity and equityrelated securities of companies operating in Central and south-eastern Europe as well as Ukraine.
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Transition impact:
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The transition impact of the proposed project would come from the following three areas: institution building and development of sustainable private equity managers in the region, restructuring of investee companies and accelerating the creation and development of industry leaders in the region, and demonstration effects of new ways to finance activities in less advanced transition countries, including the use of leverage.
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The client:
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Advent Central & Eastern Europe IV L.P. will be a Cayman Islands exempted limited partnership.
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EBRD finance:
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The Bank will invest up to 10% of total commitments, not to exceed EUR 100 million.
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Total project cost:
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The fund’s target size is EUR 750 million.
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Environmental impact:
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The fund will carry out its operations in accordance with the EBRD's Environmental Procedures for Private Equity Funds. The procedures include compliance with the Bank's Environmental Exclusion and Referral List. The fund will be required to submit annual environmental reports to the EBRD. Investee companies will be required to comply, at a minimum, with all applicable national health, safety, environmental and public information/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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Chris Mruck, Partner.
Advent International plc
111 Buckingham Palace Road
London SW1W 0SR
Tel: +44 020 7333 5518
Fax: +44 020 7333 0801
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EBRD contact:
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Michael Bastholt, Operation Leader: bastholm@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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