Mid Europa Fund V

Location:

Regional

Project number:

49894

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Target board date:

18 Jul 2018

Status:

Signed

PSD disclosed:

14 Jun 2018

Translated versions of this PSD: Polish | Serbian | Romanian

Project Description

Provision of an investment in Mid Europa Fund V LP (the "Fund"), a private equity fund with a focus on mid-sized companies across Central and South Eastern Europe.

Project Objectives

The Fund will seek to achieve long-term capital growth by making equity and quasi-equity investments in companies with typical enterprise values of EUR 100 million to EUR 500 million and
operating in domestic-focused growth industries.

Transition Impact

The project will contribute to increasing the availability of private equity capital in the focus region which will strengthen the resilience of the corporate sector and help promote private and entrepreneurial initiatives. Additionally, the Fund is expected to increase the competitiveness of its Portfolio companies.

Client Information

MID EUROPA FUND V LP

The Fund will be advised by Mid Europa Partners, an existing relationship of EBRD as the adviser of Emerging Europe Convergence Fund II and Mid Europa Fund IV.

EBRD Finance Summary

EUR 80,000,000.00

An equity commitment of up to EUR 80 million.

Total Project Cost

EUR 800,000,000.00

The target size of the Fund is EUR 800 million.

Environmental and Social Summary

Categorised FI: (ESP 2014). The adviser has been satisfactorily applying EBRD's E&S requirements.

The sectoral breakdown of the investment portfolio is deemed to be inherently low-medium E&S risk and it is not anticipated the Fund will make investments in Category A projects. The adviser will
continue to comply with EBRD's Performance Requirements 2, 4 and 9, adopt and implement EBRD Environmental and Social Procedures for Active Equity Funds and submit Annual Environmental and
Social Reports to the Bank.

Technical Cooperation

None.

Company Contact Information

Francesca Evans
fevans@mideuropa.com
+44 (0) 20 7886 3600
www.mideuropa.com
South West House 11a Regent Street SW1Y 4LR London United Kingdom

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

Project Complaint Mechanism (PCM)

The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.

Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (pcm@ebrd.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.