Abris CEE Mid-Market Fund III LP (IFC-38875)

Countries
  • Poland
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
ABRIS CEE MID-MARKET FUND III LP
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 31.95 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 30 million
Converted using 2016-11-29 exchange rate.
Primary Source

Original disclosure @ IFC website

Updated in EWS Feb 24, 2018

Disclosed by Bank Nov 29, 2016


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Project Description

According to IFC website, the proposed project consists of an equity investment of up to EUR 30 million in Abris CEE Mid-Market Fund III. It is a closed-end private equity fund domiciled in Jersey with a target size of EUR 500 million. It will have generalist sector strategy and will invest in mid-market growth capital and buyout transactions in Poland and in other Central Eastern Europe  countries, mainly Romania.

People Affected By This Project

(i) Job creation: The Fund will focus on mid-cap companies with growth capital needs, which tend to have the largest impact on job creation, and the most potential for IFC to develop direct relationships with the underlying companies, through potential co-investment opportunities.
(ii) Access to finance: IFC''s investment would support Polish companies by providing additional equity to the mid-cap segment which otherwise has limited access to long-term equity/risk capital.
(iii) Private sector development: The Fund''s hands-on involvement, financial and operational insights will help strengthen governance and improve operating efficiencies of the investees.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

No contact information provided at the time of disclosure. 

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