Translated version of this PSD: Turkish
Project Description
An equity commitment in favour of Actera III (the "Fund").
Project Objectives
The Fund seeks to generate long-term capital gains from equity and quasi-equity investments in midcap companies, predominantly in Turkey.
Transition Impact
The Bank's proposed investment will provide long-term equity financing to mid-cap companies and support a follow-on fund of an experienced fund manager in Turkey. As such, this project supports the mid-cap focused segment of the private equity market in Turkey, and the development of Turkey's capital markets.
Client Information
ACTERA PARTNERS III L.P.
The Fund will be managed by Actera Partners III (G.P.) Limited and advised by Actera Group Limited.
Environmental and Social Summary
Categorised FI (ESP 2014). The Fund Manager will be required to comply with EBRD's Performance Requirements ("PRs") 2, 4 and 9 which includes adherence to the EBRD's E&S Exclusion List, implementing the EBRD's E&S Risk Management Procedures for Active Equity Funds. The Fund Manager must submit Annual Environmental and Social Reports to the EBRD on the implementation of the Bank's PRs as well as the Fund's Environment and Social Management System.
Technical Cooperation
None.
Company Contact Information
Actera Group
info@acteragroup.com
+90 216 516 0101
www.acteragroup.com
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
