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
