Translated version of this PSD: Russian
Project Description
The Fund will make equity and equity-related investments primarily in small and medium sized enterprises in financial infrastructure sector of Russia and the CIS, with the objective of achieving long term capital growth. The Bank’s participation will help mobilise additional private sector investment in the Fund.
Transition Impact
The transition impact of the proposed project would come from the following areas: market expansion and development of financial infrastructure in Russia and the CIS, as well as from the demonstration effects from successful restructuring of investee companies and improving transparency and corporate governance standards in the investee companies.
The Client
Da Vinci Private Equity Fund II L.P., a Guernsey exempted limited partnership.
EBRD Finance
Commitment to invest up to USD 30 million.
Other investors are expected to include Russian and international institutional investors, as well as family offices.
Project Cost
The target size of the Fund is USD 200 million.
Environmental Impact
The Fund will be required to implement environmental procedures based on EBRD’s Environmental Procedures for Private Equity Funds which includes adherence to the FI Environmental Exclusion and Referral List, compliance by Investee companies with the applicable national environmental, health and safety and labour legislation, appointment of a member of senior management with overall responsibility for the implementation of environmental procedures, and submission of annual environmental reports to EBRD.
Technical Cooperation
None.
Company Contact
Oleg Jelezko, Managing Partner
Email: oleg.jelezko@dvcap.com
Tel: + 7 495 775 62 10; Fax: +7 495 775 62 23
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
