Confirm cookie choices
Cookies are pieces of code used to track website usage and give audiences the best possible experience.
Use the buttons to confirm whether you agree with default cookie settings when using ebrd.com.

EU-Armenia SME Fund

Location:

Armenia

Project number:

47805

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Approval date:

04 Sep 2019

Status:

Signed

PSD disclosed:

25 Apr 2016

Translated version of this PSD: Armenian

Project Description

Investment in an Armenia focused private equity fund (the "Fund").

The potential project forms part of the Small and Medium Enterprise Finance and Advice Facility (the "Facility"), a joint initiative between EBRD and the European Union focused on private sector
development in Armenia and, specifically, improving access to finance for Armenian SMEs.

Project Objectives

Diversify the financing solutions available to SMEs in Armenia whilst achieving long-term capital growth by delivering equity and quasi-equity financing to companies in the country.

Transition Impact

The Transition Impact of the project is derived from addressing the lack of equity financing available to Armenian SMEs, improving corporate governance in local SMEs and building local private equity
investment management capacity.

Client Information

TO BE DEFINED

The Fund will be managed by Amber Capital, a London-based investment firm, supported by a dedicated team in Armenia.

EBRD Finance Summary

USD 5,000,000.00

EBRD is considering an investment of up to USD 5 million in the Fund.

Total Project Cost

USD 40,000,000.00

The Fund is targeting total commitments of up to USD 40 million.

Environmental and Social Summary

Categorised FI (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

Karen Arabyan
karen.arabyan@ambercapital.am
+374 55 231700
Amber Capital CJSC, Imperium Plaza Business Centre, Amiryan 4/7, Yerevan 001, Armenia

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

Share this page:
GDPR Cookie Status