Translated version of this PSD: Greek
Project Description
EBRD is providing an equity commitment to Diorama Hellenic Growth Fund (the “Fund”), a private equity fund operating in Greece and focused on investment primarily in small and medium sized enterprises (“SMEs”) in the country.
The Fund will make equity and equity-related investments in fast-growing companies with experienced management teams with the objective of achieving long-term capital growth.
Transition Impact
The transition impact of the proposed project will come in particular from the following areas:
1. Supporting the entrance of a new, first-time fund manager and thereby assisting the market expansion of the private equity asset class in Greece.
2. Facilitating the access to long-term equity capital for SMEs and mid-market businesses in the Greek economy.
3. Developing the transfer of skills and best practices at the level of the Fund and portfolio companies.
The Client
The Bank will commit to Diorama Hellenic Growth Fund, a fund registered as a société d’investissement en capital à risque (“SICAR”) in Luxembourg. The Fund will be managed by DECA Investments SA AIFM, a company registered in Greece and regulated by the Hellenic Capital Markets Commission.
EBRD Finance
EBRD is considering an equity commitment of up to EUR 20 million.
Project Cost
The Fund is targeting total commitments of up to EUR 150 million.
Environmental and social categorisation, impact, and mitigation
Categorised FI. The Fund will be required to comply with EBRD’s Performance Requirements 2, 4 and 9, adopt and implement EBRD’s E&S Risk Management Procedures for Active Equity Investments and submit Annual Environmental and Social Reports to the Bank.
Technical Cooperation
None.
Company Contact
Nicos Koulis, Partner
DECA Investments AIFM
8 Fragoklissias Str. | 151 25 Maroussi | Athens, Greece
+30 213 010 9200 (office)
+30 210 6197765 (fax)
E-mail: info@decainvestments.eu
Business opportunities
For business opportunities or procurement, contact the client company.
For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com
General enquiries
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com
Public Information Policy (PIP)
The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP
