Project description
and objectives:
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The proposed project is a regional private equity fund with a target size of
EUR 100 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.
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Transition impact:
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Transition impact comes from demonstration effects through sound investments
in South East Europe. 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. Through the significant
involvement of the team, the Fund is expected to contribute towards the
transfer of vital investment skills to local managers based in the region.
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The client:
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7L Capital Partners Emerging Europe LP is a private equity fund to be
established as a Guernsey limited liability partnership. 7L Capital Partners
Emerging Europe Ltd, a Guernsey limited liability company, will be the Fund
Manager and will provide advice and assistance with respect to investment
decisions and other activities of the Fund.
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EBRD finance:
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Commitment to invest up to EUR 15 million in the equity of the Fund, subject
to the size of the Fund. The co-financing is expected from a range of
institutional, governmental and private investors.
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Total project cost:
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Target size of the Fund is EUR 100 million.
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Environmental impact:
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The Fund will adopt and implement the Bank’s Environmental Procedures for
Private Equity Funds. In implementing these procedures, the Fund will assess
potential environmental issues associated with its investments which are
required to comply, at a minimum, with national standards for environment,
health, safety and labour.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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Mr. Aristides C. Fronistas, Managing Director
Tel: +30 (210) 613 0455
Fax: +30 (210) 613 2104
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EBRD contact:
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Anne Hutton, Operation Leader: huttona@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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