The proposed transaction is an equity commitment of up to USD 50 million in favour of Almaz Capital Fund III (the "Fund").
The Fund will seek to make equity and equity related investments predominantly in early-stage technology based micro, small and medium-sized enterprises in CEE/CIS, with the objective of achieving long-term capital appreciation.
The Bank's investment will provide long-term financing predominantly to early-stage technology based micro, small and medium-sized enterprises in CEE/CIS, thereby increasing the competitiveness of investee companies and strengthening the resilience of the domestic financial sector by developing alternative sources of funding and expanding venture capital as an asset class.
ALMAZ CAPITAL FUND III LP
EBRD Finance Summary
Total Project Cost
Environmental and Social Summary
Categorised FI (ESP 2014). The Fund will be required to comply with EBRD's Performance Requirements 2, 4 and 9, adopt and implement EBRD's Environmental and Social Risk Management Procedures for Active Equity Funds and to submit Annual Environmental and Social Reports to the Bank.
Company Contact Information
+1 650 644 4530
3274 Alpine Road, Portola Valley, CA 94028
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