Evolving Europe Principal Investments I

Location:

Regional

Project number:

49503

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Approval date:

31 Oct 2018

Status:

Signed

PSD disclosed:

26 Sep 2018

Translated versions of this PSD: Bulgarian | Hungarian | Romanian | Serbian

Project Description

An investment in Evolving Europe Principal Investments I (the "Fund"), a private equity fund targeting primarily small and medium sized enterprises (SMEs) across Central and South Eastern Europe.

Project Objectives

The Fund will seek to achieve long-term capital growth by making equity and quasi-equity investments in companies with typical enterprise values of EUR 10 million to EUR 100 million.

Transition Impact

The project will contribute to the availability of private equity capital which will strengthen the resilience of the corporate sector and help promote private and entrepreneurial initiatives.

Client Information

INTEGRAL VENTURE PARTNERS SARL

The Fund will be managed by Integral Venture Partners SARL.

EBRD Finance Summary

EUR 30,000,000.00

An equity commitment of up to EUR 30 million.

Total Project Cost

EUR 150,000,000.00

The target size of the Fund is EUR 150 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

Evtim Chesnovski
echesnovski@integralvp.com
+381 11 333 7450

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

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