Avia Capital Fund I

Location:

Poland

Project number:

50044

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Target board date:

25 Apr 2019

Status:

Board Approved

PSD disclosed:

20 Dec 2018

Translated version of this PSD: Polish

Project Description

An investment in Avia Capital Fund I (the "Fund"), a private equity fund targeting small and medium sized enterprises (SMEs) in Poland.

Project Objectives

The Fund will seek to achieve long-term capital growth by making equity and quasi-equity investments in SMEs with typical enterprise values up to EUR 40 million.

Transition Impact

The project will contribute to increasing the availability of private equity capital in Poland which will strengthen the resilience of the corporate sector and help promote private and entrepreneurial
initiatives. Additionally, the Fund is expected to increase the competitiveness of its portfolio companies.

Client Information

AVIA CAPITAL MANAGEMENT SARL

The Fund will be managed by Avia Capital Management S.a r.l.

EBRD Finance Summary

EUR 15,000,000.00

An equity commitment of up to EUR 15 million.

Total Project Cost

EUR 100,000,000.00
The Fund is targeting total commitments of up to EUR 100 million.

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 Environmental and Social Procedures for Active Equity Funds and submit Annual Environmental and Social Reports to the Bank.

Technical Cooperation

None.

Company Contact Information

Jakub Leonkiewicz, Partner
jakub.leonkiewicz@aviacapital.eu
http://www.aviacapital.eu/

Business opportunities

For business opportunities or procurement, contact the client company.

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Email: procurement@ebrd.com

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