GENESIS PEF

Location:

Czech Republic

Project number:

26872

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Approval date:

25 Jun 2002

Status:

Completed

PSD disclosed:

12 Jun 2002

Project Description

The proposed project, Genesis Private Equity Fund (GPEF), is a follow-on fund of the Czech and Slovak Private Equity Fund (CSPEF) managed by Genesis Capital in partnership with Advent International. The fund would make private equity investments in the Czech and Slovak Republics with a focus on small and medium-sized enterprises.
The Fund will provide much-needed equity capital primarily for small and medium-sized local enterprises. The Fund will take a hands-on approach in providing financial, technical and business expertise to the investee companies.

Transition Impact

The Fund will focus on small and medium enterprises providing both financing and expertise of modern business practices. Successful investee companies will provide strong models for similar projects to both investors and entrepreneurs.

The Client

Genesis Capital is an affiliate and exclusive partner for the Czech and Slovak Republics of Advent International. The team has managed the €20 million Czech and Slovak Private Equity Fund, which is now almost fully invested. Genesis Private Equity Fund will be a €40 million follow-on Fund, which will invest exclusively in the Czech and Slovak Republics.

EBRD Finance

The EBRD will contribute up to €8 million in the Fund.

Project Cost

The Fund will have a total size of €40 million.

Environmental Impact

The Fund will follow the EBRD's Environmental Procedures for Investment Funds. In implementing these procedures, the Fund will assess potential environmental issues associated with its investments, which are required to comply, at a minimum, with local/national health, safety, environmental and public consultation requirements.

Technical Cooperation

None.

Company Contact

 

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)

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Text of the PIP

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