The proposed transaction is an equity commitment of up to EUR 30 million to CCL CEECAT Fund II SCSp (the "Fund").
The operation will enable the Fund to make equity and quasi-equity investments primarily in small and medium sized companies across Turkey and Central and South Eastern Europe, with the objective of achieving long-term capital appreciation.
ETI score: 60
The Bank's investment is expected to contribute to the Resilience of financial markets by developing private equity as an alternative funding source and to increase the Competitiveness of investee companies.
CCL CEECAT FUND II SCSP
CEECAT Capital is a private investor focused on small and medium sized enterprises and mid caps in emerging Europe and Central Asia.
EBRD Finance Summary
Total Project Cost
Environmental and Social Summary
Categorised FI (ESP 2019). The Fund will be required to comply with EBRD's Performance Requirements 2, 4 and 9, including the expanded E&S Exclusion and new Referral list implemented with ESP 2019, implement EBRD Environmental and Social Procedures for Active Equity Funds and submit Annual Environmental and Social Reports to the Bank.
The envisioned pipeline consists of manufacturing and lower mid cap companies (equipment, construction materials, food&beverage), which can be characterised as low to medium risk from an environmental and social perspective. The Fund has the capacity and systems in place to manage such exposures adequately.
Company Contact Information
+ 90 212 263 5511
Buyukdere Cd. No:201 Levent Loft A Blok D: 145 | Levent | 34394 Istanbul
PSD last updated
25 Aug 2020
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