Global Finance SEE Fund

Location:

Regional

Project number:

36812

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Approval date:

14 May 2007

Status:

Disbursing

PSD disclosed:

16 Feb 2007

Project Description

The proposed project is to invest in a regional private equity fund with a target size of EUR 350 million. The Fund will invest with the objective of providing investors with significant long-term capital returns through private, directly negotiated investments in companies operating primarily in South Eastern Europe.

Transition Impact

Transition impact stems from supporting Global Finance in its move to become a pan-Balkan private equity group, consolidating investment activities across different countries under a single fund. Further impact comes from increased supply of capital to South East Europe, as well as demonstration effects through sound investments in the region. The Fund manager is expected to adopt a hands-on approach by taking positions on boards of portfolio companies and transferring technical expertise to the portfolio companies.

The Client

Global Finance South Eastern Europe Fund L.P. is a private equity fund managed by the SEE Partners, a subsidiary of Global Finance International Ltd., the Adviser to the Fund. Global Finance is a well established private equity group which has been investing in Bulgaria and Romania since 1994.

EBRD Finance

Commitment to invest EUR 50 million.

Project Cost

The maximum size of the Fund is EUR 350 million.

Environmental Impact

The Fund will adopt and implement the EBRD’s Environmental Procedures for Private Equity Funds which includes compliance with the EBRD’s Environmental Exclusion and Referral List and provision of an Annual Environmental Report. Investee companies will be required to comply, at a minimum, with national standards for environment, health, safety, and labour regulations.

Technical Cooperation

None.

Company Contact

Mihalis N. Madianos
Mr. 2 Parnassou Street & Kifissias Avenue
15124 Maroussi,
Greece

Tel: +30 (210) 812 4500/+30 (210) 805 5430

 

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: