Invera Private Equity Fund

Location:

Regional

Project number:

50071

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Target board date:

12 Dec 2018

Status:

Board Approved

PSD disclosed:

24 Oct 2018

Translated version of this PSD: Croatian | Slovenian

Project Description

An equity investment of up to EUR 10 million in Invera Private Equity Fund (the "Fund"). The Fund has a target size of EUR 100 million.

Project Objectives

The Fund will seek to generate long-term capital appreciation through equity and quasi-equity investments in growth-oriented small and medium-sized enterprises and mid-market companies in Croatia, Slovenia, Bosnia & Herzegovina, Serbia and Montenegro.

Transition Impact

The operation is expected to contribute to the Resilient transition quality by increasing the availability of private equity capital. The project will support the Competitive transition quality by providing longterm financing to SMEs and mid-market companies in the Region.

Client Information

INVERA EQUITY PARTNERS

The Fund will be managed by Invera Equity Partners LLC.

EBRD Finance Summary

EUR 10,000,000.00

An equity commitment of up to EUR 10 million.

Total Project Cost

EUR 100,000,000.00

The target size of the Fund is EUR 100 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 the EBRD's Environmental and Social Risk
Management Procedures for Active Equity Funds and submit Annual Environmental and Social Reports to the Bank.

Technical Cooperation

None.

Company Contact Information

Slaven Kordic, Partner, slaven@inveraep.com 

+385 1 4921 429/430
+385 1 4921 431
Budmanijeva 1, 8th floor 10 000 Zagreb, Croatia

 

Business opportunities

For business opportunities or procurement, contact the client company.

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