Alpha Associates CEE IV (EBRD-48186)

Regions
  • East Asia and Pacific
  • Europe and Central Asia
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
FI
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.
Voting Date
Dec 14, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
ALPHA ASSOCIATES AG
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)
$ 26.28 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 EUR 25 million
Converted using 2016-12-14 exchange rate.
Loan Amount (USD)
$ 26.28 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 25 million
Converted using 2016-12-14 exchange rate.
Project Cost (USD)
$ 210.27 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 200
Converted using 2016-12-14 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Feb 23, 2018

Disclosed by Bank Nov 9, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to EBRD website, The proposed project is a private equity fund (the "Fund") with a target size of EUR 100 million and a maximum size of EUR 200 million. The Fund will purchase interests in existing private equity funds in the secondary market and make selective direct investments into companies alongside reputable and experienced lead investors. The Fund's regional focus will include the countries of Central and Southeastern Europe, Eastern Europe and the Caucasus, Central Asia, Russia and Turkey.

The Fund will provide (i) a vehicle for investors to access secondary interests in private equity funds and will increase the ability of these funds to access capital; (ii) it will provide capital, directly and indirectly, to companies in the Region.

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Contact Information

Project Contact: Petra Salesny, COO
Email Address: info@alpha-associates.ch
Telephone No.: +41 43 244 31 00, +41 43 244 31 01
Website: http://www.alpha-associates.ch
Office Address: Alpha Associates, Talstrasse 80, P.O. Box, 8021 Zürich 1, Switzerland

General enquiries to EBRD: 
Telephone No.: +44 20 7338 7168
Email Address: projectenquiries@ebrd.com

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.