7L Capital Partners

Location:

Regional

Project number:

36308

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Target board date:

13 Dec 2005

Status:

Repaying

PSD disclosed:

11 Nov 2005

Project Description

The proposed project is a regional private equity fund with a target size of EUR 100 million. The Fund will invest with the objective of providing investors with significant long-term capital returns through private, directly negotiated investments in companies operating primarily in South Eastern Europe.

Transition Impact

Transition impact comes from demonstration effects through sound investments in South East Europe. The Fund manager is expected to adopt a hands-on approach by taking positions on boards of portfolio companies and transferring technical expertise to the portfolio companies. Through the significant involvement of the team, the Fund is expected to contribute towards the transfer of vital investment skills to local managers based in the region.

The Client

7L Capital Partners Emerging Europe LP is a private equity fund to be established as a Guernsey limited liability partnership. 7L Capital Partners Emerging Europe Ltd, a Guernsey limited liability company, will be the Fund Manager and will provide advice and assistance with respect to investment decisions and other activities of the Fund.

EBRD Finance

Commitment to invest up to EUR 15 million in the equity of the Fund, subject to the size of the Fund. The co-financing is expected from a range of institutional, governmental and private investors.

Project Cost

Target size of the Fund is EUR 100 million.

Environmental Impact

The Fund will adopt and implement the Bank’s Environmental Procedures for Private Equity Funds. In implementing these procedures, the Fund will assess potential environmental issues associated with its investments which are required to comply, at a minimum, with national standards for environment, health, safety and labour.

Technical Cooperation

None.

Company Contact

Mr. Aristides C. Fronistas, Managing Director

Tel: +30 (210) 613 0455
Fax: +30 (210) 613 2104

 

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

Project Complaint Mechanism (PCM)

The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.

Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (pcm@ebrd.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.