Zubr Capital Fund I

Location:

Belarus

Project number:

43908

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Target board date:

25 Nov 2015

Status:

Signed

PSD disclosed:

14 Sep 2015

Translated version of this PSD: Russian

Project Description

The EBRD is providing an equity commitment of up to USD 25 million in Zubr Capital Fund 1 LP (the "Fund"), a Jersey limited partnership. The Fund is targeting USD 100 million of capital commitments.

The Fund will predominantly make minority equity investments into medium-sized companies in Belarus.

Project Objectives

The Bank's participation will help the fund, a first in the country, achieve its first closing.

Transition Impact

The transition impact of the proposed project will come from the following areas:

1. Supporting the entrance of a new, first-time fund manager and thereby supporting the market expansion of private equity in Belarus.

2. Improve the standards of corporate governance, both at the fund and at the portfolio company level.

Client Information

ZUBR CAPITAL L.P
EBRD Finance Summary
USD 25,000,000.00
Total Project Cost
USD 100,000,000.00

Environmental and Social Summary

Categorised as a "Financial Institution", the Fund must comply with EBRD's performance requirements 2, 4 and 9, adopt and implement the Environmental and Social Procedures for Active Equity Investments and submit Annual Environmental and Social Reports to the Bank.

Technical Cooperation

None.

Company Contact Information

Nikolay Shestak
Nikolay_Shestak@zubrcapital.by
+375 17 218 99 23
http://zubrcapital.by/
Zubr Capital, 100 Pobediteley Avenue, Floor 4, 220020, Minsk, Belarus.
 

Business opportunities

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