According to the Bank’s website, the proposed Project consists of an investment in equity up to the lower (i) US$40 million or (ii) up to 20% of the total commitments in CVI Private Debt Fund II (the “Fund”), established as a Luxembourg-domiciled RAIF, where CVI Dom Maklerski sp. z o. o. (the “Manager”) acts as investment manager and – through a wholly owned subsidiary – as General Partner (CVI CEE GP Sarl company based in Luxembourg) to the Fund. The majority of the Fund’s targeted investments will be senior secured debt to small and mid-size corporations in Central and Eastern Europe (“CEE”) region, predominantly in Poland.                                                  

The Project has been categorized as FI-2 according to IFC’s Sustainability Policy. The expected portfolio will comprise medium Environmental and Social (E&S) risk investments with potentially limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures. The Project will not support any activities on the IFC Exclusion List, coal, and/or higher-risk business activities, that may include a) involuntary resettlement, b) risk of adverse impacts on indigenous peoples, c) significant risks to or impacts on the environment, community health and safety, biodiversity, cultural heritage, d) significant retrenchment, and/or e) significant occupational health and safety risks. For this Project, IFC's applicable E&S requirements will be the IFC Exclusion List, the applicable environmental and social national laws and regulations, screening out higher E&S risk transactions as contemplated in the Performance Standards, and the IFC Performance Standards as applicable.

The proposed Project consists of an investment in equity of up to US$40 million or up to 20% of the total commitments, whichever is lower, in CVI Private Debt Fund II to support small and mid-sized entrepreneurs mainly in CEE region. 

CVI Dom Maklerski sp. z o.o. is a Polish limited liability company majority owned by members of its management. The Manager is authorized by the Polish Financial Supervisory Authority KNF to perform (i) accepting and transmitting orders to buy or sell financial instruments, (ii) managing portfolios that include one or more financial instruments, and (iii) offering financial instruments. The Manager was set up in 2012 and has a 11-year track record with more than EUR 2.7 billion deployed in private debt in 700+ investments since inception. As of June 30, 2024, CVI’s AUM were approximately EUR 800 million.     

CVI Dom Maklerski sp. z o.o., Investment Manager
Mr. Radoslav Tausinger
Partner

radoslav.tausinger@cvi.eu

https://cvi.pl/en/

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