Project description
and objectives:
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The proposed project is to invest in SigmaBleyzer Southeast European Fund IV
operating primarily in Ukraine, Bulgaria and Romania. The Fund’s target size
is EUR 250 million.
The EBRD's key objectives in supporting the fund are:
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to provide equity capital to local private companies to help finance the
expansion of their business
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to support the development of private equity fund management teams in Ukraine,
Bulgaria and Romania;
-
facilitate transfer of knowledge and create positive demonstration effects on
other private sector companies.
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Transition impact:
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Transition impact will be achieved by:
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helping build a sustainable focused private equity fund management group in
Ukraine and Southeastern Europe;
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SigmaBleyzer’s hands on approach, support for the restructuring and/or
development and corporate governance of investee companies
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the demonstration effects to other companies and investors in the region.
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The client:
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SigmaBleyzer Southeast European Fund IV C.V., a Netherlands Limited
Partnership, whose General Partner is SEGF B.V., a Netherlands Limited
Liability Company that is ultimately controlled by Michael Bleyzer, Lev
Bleyzer and Valeriy Dema.
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EBRD finance:
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EBRD investment will be up to EUR 50 million, of which EUR 25 million will be
committed at the second closing of the Fund, subject to a maximum of 20% of
the total committed amount of the Fund. The other investors will include
private investors as well as institutional investors in the region.
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Total project cost:
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Up to EUR 250 million.
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Environmental impact:
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The Fund will be required to implement environmental procedures based on the
Bank’s Environmental Procedures for Private Equity Funds, which include the
Bank’s Environmental Exclusion and Referral List. As a matter of policy,
investee companies will be required to comply, at a minimum, with national
regulations for environment, health and safety.
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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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SigmaBleyzer; Mr Michael Bleyzer
Email: mbleyzer@sigmableyzer.com
Tel: +38 044 244 94 90 or +1 713 621 3111
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EBRD contact:
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Peter Stredder, Operation Leader: streddep@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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