Genesis PEF II

Location:

Project number:

39220

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Approval date:

17 Jun 2008

Status:

Signed

PSD disclosed:

16 May 2008

Project Description

The EBRD is considering committing up to EUR 12 million to a private equity fund with a target size of EUR 60 million. The fund will seek to invest directly in equity and equity related instruments of companies operating in Czech and Slovak Republics.

Transition Impact

The transition impact of the proposed project would come from the following areas:

(i) institution building and development of sustainable local private equity managers at the lower end of the middle market

(ii) demonstration effects of new ways to finance activities in the countries of the region

(iii) impact on investee companies through restructuring and implementation of improved business standards, support of extension of cross- border business activities.

The Client

Genesis Private Equity Fund II L.P. will be formed as a Guernsey limited partnership.

EBRD Finance

The EBRD will commit up to EUR 12 million.

Project Cost

Target size of the fund is EUR 60 million.

Environmental Impact

The Fund will carry out its operations in accordance with the EBRD's Environmental Procedures for Private Equity Funds. The Procedures include compliance with the Bank's Environmental Exclusion and Referral List. The Fund will be required to submit annual environmental reports to the EBRD. Investee companies will be required to comply, at a minimum, with all applicable national health, safety, environmental and public information/consultation requirements.

Technical Cooperation

None.

Company Contact

Jan Tauber and Radan Hanzl
Na Šafránce 22
101 00 Prague 10
Czech Republic

Tel.: +420 271 740 207
Fax: +420 271 740 208
E-mail: genesis@genesis.cz

 

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

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