Project description
and objectives:
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The proposed project is a regional private equity fund with a target size of EUR 125 million. The Fund will seek to invest directly in equity and equity related securities of companies operating in Central and South Eastern Europe.
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Transition impact:
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The transition impact of the proposed project would come from the following areas:
(i) institution building and development of sustainable private equity managers in the lower mid-market of the region
(ii) restructuring of investee companies and accelerating the creation and development of industry leaders in the region, and
(iii) demonstration effects of new ways to finance activities in less advanced transition countries.
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The client:
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Arx CEE III L.P. will be formed as a Jersey limited partnership.
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EBRD finance:
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The EBRD will commit up to EUR 30 million.
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Total project cost:
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EUR 150 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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Jaroslav Horak & Brian Wardrop
Arx Equity Partners s.r.o.
Senovazne namesti 8
110 00 Praha 1
Czech Republic
Phone: +42 (022) 423 5399
Mail: praha@arxequity.com
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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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