Translated version of this PSD: Polish
An equity commitment of up to € 16 million to Krokus Nova Polonia III LP (the "Fund") The Fund will be the successor fund to Nova Polonia II LP and Nova Polonia I in which the Bank invested in 2006 and 2000 respectively.
The Fund will seek to generate long-term capital appreciation through equity and equity-related investments in lower mid-market companies operating in Poland with a particular focus on healthcare, industry, consumer and infrastructure related businesses.
The transition impact of the proposed project will come from
(i) demonstrating the attractiveness of private equity to investors
(ii) promoting best practices of corporate governance and business conduct in the Fund's portfolio companies.
Krokus Nova Polonia III LP, to be domiciled in Jersey, will be managed by the general partner of the Fund, NPN Management Limited to be also domiciled in Jersey and advised by Krokus PE Sp. z.o.o., based in Warsaw.
EBRD Finance Summary
The EBRD is considering an equity investment of up to € 16 million.
Total Project Cost
The target size of the Fund is € 80 million.
Environmental and Social Summary
Categorised as a Financial Institution: The Fund will be required to comply with the EBRD's Performance Requirement 2 (Labour and Working Conditions), Performance Requirement 4 (Health and Safety) and Performance Requirement 9 (Financial Intermediaries). The Fund will also be required to adopt and implement the Bank's Environmental & Social Risk Management Procedures for Active Equity Investments, adhere to the EBRD's Environmental and Social Exclusion list, and submit Annual Environmental and Social reports to the Bank.
Company Contact Information
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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