Project Description
EBRD is considering an equity investment of EUR 40 million in Accession Mezzanine Capital IV (the "Fund"). The Fund has a target size of EUR 250 million and is a follow-on fund to Accession Mezzanine Capital I, II & III. EBRD has been an investor in all three previous funds.
Project Objectives
The Fund will seek to generate long-term capital appreciation by investing mezzanine and equity capital in SMEs and mid-market companies, primarily in Central and Eastern Europe. The Fund may also make selective investments in Turkey and Greece.
Transition Impact
The proposed project will expand the mezzanine fund market with a sustainable team of investment professionals with experience and long-term market practice. It will continue the development of the mezzanine and structured finance products; and will contribute to the availability of long-term financing for SMEs and mid-market companies by mobilising additional capital for its investment region.
Client Information
MEZZANINE MANAGEMENT
EBRD Finance Summary
EUR 40,000,000.00
Total Project Cost
EUR 250,000,000.00
Environmental and Social Summary
Categorised as a Financial Institution: The Fund will be required to comply with the EBRD's Performance Requirement 2 (Labour and Working conditions), Performance Requirement 4 (Health and Safety) and Performance Requirement 9 (Financial Intermediaries). The Fund will also be required to adopt and implement the Bank's Environmental & Social Risk Management Procedures for Active Equity Investments, adhere to the EBRD's Environmental and Social Exclusion list, and submit Annual Environmental and Social reports to the Bank.
Technical Cooperation
None.
Company Contact Information
Christian Stix, Director, Head of Investor Relations
stix@mezzmanagement.com
+43 1 532 89 90 19
+43 1 532 89 90 20
www.mezzmanagement.com
Mezzanine Management GmbH Kohlmarkt 5/6 A-1010 Vienna; Austria
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
