investment and vc funds acting in see region

RCI Projects/RCI Investment Funds Research/Croatia

BC Serdon/RCI Projects/ 29.02.08

FUND INVESTMENT STRATEGY Regions of investment WEB SITE Adress Tel Fax

N/A

€330 million

2.5 Billion EUR

Agent d.o.o. Tourism Real Estate Investment Company Bosnia N/A

AIG Investment N/A N/A

AIG Investments N/A N/A

Capitalization amount

3TS Capital Partners Ltd.

3TS Capital Partners is one of the leading private equity and venture capital firms in Central and Eastern Europe operating in the whole region through offices in Budapest, Bucharest, Prague, Vienna and

Warsaw. 3TS is currently the exclusive advisor to three funds totalling approximately € 230 million.

Central and Eastern Europe

3TS is currently the exclusive

advisor to three funds totalling

approximately € 230 million

http://www.3tsvp.com Václavská 12Praha 2, 120 00Czech Republic

(+420) 221 460 130

(+420) 221 460 137

3TS Capital Partners

3TS primarily targets expansion capital and buyout investments in high growth sectors including Technology & Telecoms, Media & Marketing, Services and Environment & Energy. The target companies are in growth sectors which are most likely to benefit from the catch up to the western EU or the pre-accession run up in the case of the next wave entrants. 3TS can also provide financing to companies expanding into the CEE region.

Romania, Hungary, Czech Republic, Austria,

Poland

3TS is currently the exclusive

advisor to three funds totalling

approximately € 200 million

www.3tscapital.com

61 Buzesti St, BI A6, Et 11. Ap 72

011013 Bucharest, 1 Romania

(+40) 31 102 45 63

7L Capital Partners 7L Capital Partners Emerging Europe L.P. is a EUR 100 million private equity fund focusing on Branded Goods and Services, Communications, and Technology and Applications.

The Fund is focused on Emerging Europe,

including: Romania, Bulgaria, Turkey, Former Yugoslavia and Greece

Made and managed fifty-five

direct investments,

totaling EUR 242 million.

http://www.7lcp.com/index.htm

N/A(+30) 210 613

0455(+30) 210 613

2104

Advent Central & Eastern Europe I&II

Provides finance and management to companies in the private sector. The majority of Advent's investment activity is focused on later-stage investments (buyouts, recapitalizations and growth equity). Advent operates three fund programs with a focus on: business services, retail, technology, media, healthcare and industrial.

Global, including Romania, Poland, Hungary, Czech

Republic, Slovakia, Turkey, Bulgaria and

Croatia

www.adventinternational.com

Advent International plc

111 Buckingham Palace Road

London SW1W 0SREngland

(+44 20) 7333 5537

(+44 20) 7333 0801

Advent International

Typical funding scenarios include: buyouts (including buyouts of non-core divisions of large corporations and buy-outs from private owners) ,financing organic or acquisition-led growth international expansion, recapitalizations, special situations such as restructurings, joint venture investments (partnering with industry players)

Romania, Bulgaria as well as countries from Western, Central and Eastern Europe, North

and South America


Advent International Romania SRL

7 Maresal Pilsudski Street

Sector 1

(+40) 21 211 16 02

(+40) 21 211 16 02

http://agent.ba/invest/index.php?option=com_frontpage&Itemid=1

Trg Ivana Krndelja br.1

88000, Mostar Bosnia and

Herzegovina

(+387) 61 935 537

(+387) 36 551 525

AIG Investments philosophy dictates investing in companies over the continuum of growth through value.

Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia,

Lithuania, Romania, Poland, Romania, Slovak Republic, Slovenia and

Ukraine

AIG Investments manages

approximately US 27.2 billion USD in

private equity assets.

http://www.aiginvestments.com/AIG/Funds/Funds+List/Equity/Europe/europe_emerging_equity.htm

13 Banul Antonache St.

BucharestRomania 011663

The Fund seeks to achieve a superior rate of return by making equity and equity related investments with superior growth potential primarily in the emerging markets of Central and Eastern Europe. AIG Investments philosophy dictates investing in companies over the continuum of growth through value.

Romania, throughout Europe, Asia, South and

North America

US $754 billion in assets under

management3 including

approximately $132 billion in client assets


13 Banul Antonache St.


http://www.3tsvp.com/

http://www.3tscapital.com/


http://www.adventinternational.com/

http://agent.ba/invest/index.php?option=com_frontpage&Itemid=1





N/A

$200 million

Bulgaria N/A

Croatia N/A N/A

Arco Capital N/A

AIG New Europe Fund

AIGNEF is investing in private companies, typically in excess of 15 per cent of the outstanding shares of a portfolio company

Czech Republic, Hungary, Poland and Romania (the primary region) and Bulgaria,

Croatia, FYR Macedonia, Moldova, the Slovak

Repubic, Slovenia and Ukraine (the secondary

region)

Investment size is between US$ 10 million and US$

30 million

Stratos Office Center ul. Skorupki 5 (5th floor) PL-00-546

Warsaw, Mr Pierre F Mellinger, Chief

Executive Officer Poland

(+48) 22 583 7000

(+48) 22 583 6969

Alfa Capital Partners

Alfa Capital Partners, a leading Moscow-based private equity and real estate investment group, which manages US$701 million in capital from international institutional and private investors alongside capital from Alfa Group. The group is created to build an institutional private equity business. ACP seeks to invest in leading companies and real estate properties.

Former Soviet Union, South East Europe and

Turkey

http://www.alfacp.ru/eng/

32/1 Sadovaya-Kudrinskaya Street;

123001 Moscow, Russian Federation

(+7 495) 775 1828

(+7 495) 775 1827

Alfa Developments EAD

Alfa Developments EAD in the field of finance and for its two-year history has developed a portfolio of over 500 000 sq.m. in projects encompassing all sectors - tourism, residential, office, commercial, industrial and logistics.

http://www.alfadevelopments.com/en/1504 Sofia, Bulgaria

7 Sheinovo str., 1 floor

(+359) 2 48 93 660

(+359) 2 94 23 114

Alternative Private Equity

Newly established Croatian investment fund, focuses on the Croatian companies, where it can exploit best its knowledge of local environment in order to create and add value to the investee companies. They usually combine equity and bank finance to invest between 5 mil EUR and 30 mil EUR per transaction. If the size of the potential transaction would exceed this limit, they might invite other co-investors.

http://www.alternative-pe.hr/

Alternative Private Equity d.o.o.,

Republike Austrije 1, 10 000 Zagreb

(+385) 163 98 297

To underwrite and formulate investments in opportunistic assets across select emerging markets. Our unique strategy differs from those of other emerging markets managers by our strong focus on analyzing credit, political and legal risk, monitoring our portfolio assets and maintaining sufficient liquidity. To better distinguish emerging markets performing opportunities, we have leveraged our global relationships to promote a network of company management teams, industry experts, investment bankers, and professional advisors that collaborate with us on transactions. We are opportunistic and patient in identifying investments that meet our leveraged risk-adjusted return requirements. Our ultimate goal is to maximize investment returns and to maintain a consistent dividend yield policy.

Bulgaria, Batics, Western Balkans

http://arcocapital.com/

Emerging Europe, Sofia Central Park

Building, 7 Sheinovo Street, floor 3, Sofia

1000, Bulgaria

(359) 2 895-2000

(359) 2 895-2020

ARGUS Capital Group Limited

ARGUS was one of the first private equity firms to establish a network of offices in the countries of Central and Eastern Europe (the "Region"). We consider our local presence to be essential to our strategy of forming close partnerships with investee companies and building them into industry leaders.

ARGUS II invests in the following Central and

Eastern European countries: Albania,

Bosnia & Herzegovina, Bulgaria, Croatia, the

Czech Republic, Estonia, Hungary, Latvia, Lithuania, FYR

Macedonia, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, and

Turkey.

The Fund has commitments of EUR 263 million.

http://www.arguscapitalgroup.com/en/index.html

HU-1126 Budapest, Nagy Jenő u. 12

Hungary (+361) 309 00 90

(+361) 309 00 91

http://www.alfadevelopments.com/en/






N/A www.arxequity.com

N/A www.arxequity.com

N/A

110 Million EUR

$74.25 million

Serbia N/A

Investment Fund Bosnia and Herzegovina € 1.2 million

Blue Sea Capital SEE countries N/A

Arx Equity Partners Kft.

ARX is focused on buy-out and growth capital transactions. Our investment focus is mid-sized companies in Central & Eastern Europe.


Romniceanu Grigore dr. 3A

050574 Bucharest Romania

(+40) 21 410 0123

(+40) 21 410 5284

Arx Equity Partners Kft. - Representative office



Kronberg BuildingSenovážné námestí 8110 00 Praha 1, The

Czech Rep.

(+ 420 22) 423-5399

(+420 22) 423-9424

Ascendant Capital Advisors

Ascendant offers access for enterprises to private equity and debt capital for the purposes of company expansion, mergers and acquisitions, and other forms of ownership transition. ASCENDANT maintains close relations with a number of international private equity and mezzanine funds. We also have extensive experience negotiating issuances of corporate debt with banks and other lending institutions.

Croatia, Bosnia and Herzegovina, Serbia

http://www.ascendant.hr

Vukotinovićeva 4/2, 10 000 Zagreb,

Croatia; Kulovića 8/2 71000 Sarajevo, BiH; Mihajlo Pupin Blvd. 10V/ 217, 11 070

New Belgrade, Serbia.

(+385) 1 4921 429/430; Fax: +387 33 922 463; Tel/Fax:

+381 11 2120 525

(+385) 1 4921 431; +387 33

922 463; Tel/Fax: +381 11

2120 525

Balkan Accession Fund

BAF typically invests, through equity and/or mezzanine finance, in industry leaders active in double digit growth sectors and/or fragmented industries with consolidation protential, and having a clear domestic and/or regional expansion strategy through M&A/organic growth.BAF focuese on investing in: Financial Services, Retail, Logistics & Distribution, Consumer Produts, Information Technology & Telecommunications, Healthcare, Selected Industrial, Media and other Consumer-Related Services.

Bulgaria, Romania. The Fund may also expand

its geographic coverage to Western Balkan

countries (e.g. Croatia, Serbia), Moldova and

Ukraine.

http://www.bafund.net/36 Oborishte Str.

Sofia 1504, Bulgaria (+359) 2 819

4570(+359) 2 944 14

75

Baring Communications Equity Emerging Europe

Baring Communications Equity (Emerging Europe) Limited (“BCEE” or “The Fund”) is the oldest and leading media and communications focused fund in the Emerging Europe region. BCEE is uniquely positioned to help bring capital into ventures with gifted entrepreneurs and managers, and/or strategic partners.


http://www.bcee.net/

BCEE AdvisersKazimierzowska 305-510 Konstancin

JeziornaPoland

(+48) 227172500

(+48) 224853011

Belgrade Pioneer Fund (Argyll InvestmentServices Limited)

Invests in Real Estate Property http://www.belgradepioneer.gg/

PO Box 354Suite 4,

Weighbridge HouseLower PolletSt Peter Port

GuernseyGY1 3XF

(+44) 1481 740044

(+44) 1481 727356

BIG-INVESTICIONA GRUPA d.d Sarajevo

http://www.abds.com.ba/ Pruscakova 13, 71 000 Sarajevo

(+387 33) 251 440

(+387 33) 251 452

It favours investments in majority stakes of privately owned companies. It targets companies with a strong national market position and pan-regional expansion plans. The Fund intends to focus on growth by providing capital to successful local entrepreneurs who operate businesses that can easily be expanded regionally, with a clear joint exit path. Blue Sea Capital looks to make investments ranging from EUR 5 million to EUR 20 million.

http://blueseacap.com/

Zagreb office – Blue Sea Capital,

Heinzelova 62A/2, 10 000 Zagreb

http://www.ascendant.hr/

http://www.bafund.net/


http://www.belgradepioneer.gg/

http://www.abds.com.ba/




Bulgaria N/A

Real Estate Investment Trust Bulgaria N/A www.bulland.org

Bulgaria N/A N/A

$30 million

30 Million USD

30 Million USD

Moldova EUR 400 000* (373-22) 746397

Bulgarian Investments Group REIT (Sofia)

The BIG REIT's strategy is to invest in development of residential and office buildings near Sofia and other major metropolitan areas in Bulgaria.

http://www.primepropertybg.com14 Antim I Str.

1000 Sofia, Bulgaria( +359 2) 811

9050( +359 2) 811-

9051

Bullend Investments REIT (Sofia)

Sofia, 36 Vitosha Blvd., fl. 1

(+359) 2 980 1426

(+359) 2 980 1426

BulVentures Capital Partners

Bulventures Capital Partners (BVCP) is a fund management company providing private equity financing to high growth potential enterprises.

http://www.bulventures.com/index.html

51 Evlogy Georgiev Blvd.

1000 SofiaBulgaria

(+359) 2 987 9240

Copernicus Capital d.o.o.

Copernicus invests in a portfolio of companies across a wide range of commercial sectors. Specific areas of specialisation include business services, media and telecommunication, tourism related, distribution and logistics, consumer goods and services, health care.

Romania, Poland, Croatia, Serbia, UK

www.copernicus-capital.com

Trg Nikole Subica Zrinskog 6

10000 ZagrebCroatia

(+385 1) 487

7900 (+385 1) 487

7901

Copernicus Capital srl

Copernicus seeks to identify and invest in a portfolio of companies in its target countries, across a wide range of commercial sectors. The most important criterion for investment is a company that demonstrates exceptional prospects for commercial success.ndustry Sectors: * All business sectors are considered with the exception of certain speculative activities and the manufacture of arms and munitions. * Specific areas of specialisation include: o business services o media and telecommunication o tourism related o distribution and logistics o consumer goods and services o health care.

Croatia and Serbia primarily as well as other

SEE countries


24-26 Polona Street 010503 Bucharest

Romania

(+40) 21 312

1622 (+40) 21 312

1644


Copernicus seeks to identify and invest in a portfolio of companies in its target countries, across a wide range of commercial sectors. The most important criterion for investment is a company that demonstrates exceptional prospects for commercial success.ndustry Sectors: * All business sectors are considered with the exception of certain speculative activities and the manufacture of arms and munitions. * Specific areas of specialisation include: o business services o media and telecommunication o tourism related o distribution and logistics o consumer goods and services o health care.

Croatia and Serbia primarily as well as other

SEE countries


Królewska 1600-103 Warsaw

Poland

(+48) 22 330 6333

(+48) 22 330 6300

DAAC-HERMES S.A., fond de investitii nemutual nespecializat

One of two funds at DAAC (second is DAAC Invest - 133K lei) . DAAC unites enterprises related to the leading branches of the Moldavian economy such as processing industry, food industry; procurement, storage and processing of cereals; chemical industry; machine-building; repair and service of agricultural equipment;trade and consumer services to population

www.daac.mdMD-2069,

mun.Chisinau, Calea Iesilor, 10

(373-22) 759845,755932

http://www.primepropertybg.com/

http://www.bulventures.com/index.html



Danube Fund Ltd N/A

DEG All countries € 244 million

DEG All countries 105 Million EUR



All countries in SEE €5.7 billion

All countries in SEE 5.7 Billion EUR

EBRD Kosovo 1.9 Million EUR

Central Europe N/A

This fund, which is sponsored by the Alpha Group of Greece, makes direct equity investments in private companies, or companies under going privatisation. At least two thirds of the Fund must be allocated to projects in Romania. The rest is considered on an ad-hoc basis for projects in Albania, Bulgaria and FYR Macedonia.

Romania, Albania, Bulgaria and FYR

Macedonia

from US$ 0.5 million to US$ 2

million

Mr D Damianos, Managing Director &

General Manager;8 Merlin Street10671 Athens,

Greece

(+30) 1 362 7710

(+30) 1 361 9532

DEG promotes private enterprise in developing and transition countries as a contribution to sustainable growth and a lasting improvement in the living conditions of the local population. In Serbia DEG supported the following sectors: * Energy * Water Supply and Sanitation * Private Sector Development

http://www.deginvest.de/EN_Home/DEG/index.jspZupana Vlastimira 6

11040 Belgrade(+381) 11 3671 273

(+381) 11 3671 273

Supporting Macedonia on its way to the EU, KfW allocated funds mainly in the areas of water supply, waste water treatment and environmental protection as well as support to micro, small and medium enterprises.

http://www.kfw-entwicklungsbank.de/EN_Home/LocalPresence/Europe64/Macedonia98/index.jspAntonie Grubisik 5

1000 Skopje(+389) 23 109

241(+389) 23 212

466

KfW's financial support in Albania focuses on the water and energy sectors as well as on the promotion of small and medium-sized enterprises.

http://www.kfw-entwicklungsbank.de/EN_Home/LocalPresence/Europe64/Albanien/index.jsp

Rruga Skenderbej (Rruga e

Ambasadave)Nr. 21/1 Kati III

Tirana

(+355) 4 22 78 69

(+355) 4 23 38 79

DEG promotes private enterprise in developing and transition countries as a contribution to sustainable growth and a lasting improvement in the living conditions of the local population. In Kosovo DEG supported the following sectors: * Energy * Water Supply and Sanitation * Private Sector Development

http://www.kfw-entwicklungsbank.de/EN_Home/LocalPresence/Europe64/Kosovo/index.jspZija Shemsiu Nr. 6

10000 Pristina(+381) 38 544-

141(+381) 38 544-

141

East Capital International AB

Founded in 1997, East Capital is a leading independent asset manager specialising in Eastern European financial markets in assets under management, both in public and private equity.

www.eastcapital.com

HeadquartersEast CapitalBox 1364

SE-111 93 StockholmSweden

(+ 46 850) 588500

(+ 46 850) 588500



http://www.eastcapital.com/en/about-east-capital/company

Romanov Dvor Business Centre4, Romanov Lane125009 Moscow

Russia

(+7 495) 380 15 00

(+7 495) 380 15 01

The EBRD finance will support the expansion of the fast-growing company’s business in potato processing under the brand name of Vipa. The financing will support the strengthening of Pestova’s market position through the introduction of new products and an increase in exports to neighbouring countries.

http://www.ebrd.com/new/pressrel/

2007/071105b.htm

Bojana Todorovska, EBRD, One Exchange

SquareLondon EC2A 2JNUnited Kingdom

(+44 20) 7338 6940

(+44 20) 7338 6100

European Investments & Partners (EIP)

EIP has been appointed by the investment company EIP III of the USA to find SME investments in the sustainable investment sector in central Europe. These investments can be for up to € 1.0 mm and can be projects (such as renewable energy, and fresh and waste water) or companies. Please see the EIP III section (EIP III) of their web site for additional detail

http://www.eip.com.pl/

EIP - European Investments &

Partners Sp. z o. o., 12C Piaskowa St.,

05-510 Konstancin-Chylice Poland

(+48) 22 7563232

(+48) 22 756 49 19

http://www.deginvest.de/EN_Home/DEG/index.jsp

http://www.kfw-entwicklungsbank.de/EN_Home/LocalPresence/Europe64/Macedonia98/index.jsp


http://www.kfw-entwicklungsbank.de/EN_Home/LocalPresence/Europe64/Kosovo/index.jsp

http://www.eastcapital.com/





South Eastern Europe € +150M fund

EMP Global

1.6 Billion EUR

N/A

136 Million EUR

136 Million EUR

136 Million EUR

Emerging Europe Accession Fund

EEAF invest in companies with strong medium-to-long-term growth potential that can take advantage of the EU convergence plan in the region. The general interest is for Consumer Goods and Consumer Related Services as well as for Professional Services for Companies

http://www.axxesscapital.net/eeaf.html

33 Aviatorilor Blvd., Bucharest 011853 Romania and/or 9 Chamkoria Street,

Floor 4 Sofia 1527 Bulgaria

(+4) 021 207-7100

(Buchurest); +3592 819-4570 (Sofia)

(+4) 021-222-8503

(Buchurest); +3592 944-1475

(Sofia)

EMP is a world-wide private equity firm with the resources and expertise to source, evaluate, and manage private investments globally in both developed and developing markets and across many industrial and commercial sectors.

Central and Eastern European countries as

well as countries in Asia, Africa, Latin America and

Middle East

EMP Global has played a leading

role as the Principle Advisor to a $550 million

fund targeting the EU ascension countries of

Europe

http://www.europe.empglobal.com

2020 K Street, NWSuite 400

Washington, DC 20006

United States of America

(+1) 202 331 9051

(+1) 202 331 9250

EnerCap Capital Partners

specialises in private equity investments in renewable energy projects across Central, Eastern and South-Eastern Europe. The EnerCap Power Fund I L.P. was created to capture the exponential growth in renewable energy projects expected in the region. The Fund invests in projects and companies in: Wind energy, Biomass energy, Energy efficiency technologies, Solar energy, Small hydro power Projects generating carbon credits.

emerging (Central, Eastern and South-

Eastern) Europe

€98 million closed-end ten

year fundhttp://www.enercap.com

EnerCap Capital Partners, Burzovní

palác, Rybná 14, 110 00 Praha 1, Czech

Republic

( +420) 227 316 222

(+420) 227 316 444

Enterprise Investors

Enterprise Investors objective is to invest the money entrusted to us in companies that demonstrate high growth potential, and then to work with the entrepreneurs and the managers to increase the value of those companies.

Poland and countries in Central and Eastern

Europewww.ei.com.ro

Domus CenterStr. Stirbei Vodă Nr.

36, Etaj 5Bucureşti, sector 1,

Romania

(+40 21) 314 66 85

(+40 21) 314 81 93

EPIC Investment Partners

Throughout the years EPIC has developed an effective and consistent approach to investing in CSEE, Turkey and CIS. This approach is founded largely upon EPIC's belief in the need for a strong local presence and active participation in the management of the companies in which it invests. Depending on the project EPIC will act as singular or co-investor.

Bulgaria, Croatia, Serbia Romania, and other

countries in South-East Europe, Turkey, Russia

and CIS

www.epicinvest.com

EPIC d.o.o.Dositejeva 26

SRB-11000 BeogradSerbia

(+ 381) 11 262 2673

(+ 381) 11 262 8975

Equest

Equest Balkan Properties plc (EBP) looks to invest in commercial property assets, including retail and industrial property, with a view to taking advantage of attractive yields, and potential for capital appreciation in the region. As part of its investment strategy, EBP borrows funds from commercial lenders, as it anticipates that higher returns are achievable through investments than the cost of such debt financing.

Principal focus is on Bulgaria and Romania,

with the rest of the Balkan region a

secondary target.

http://www.equestbalkan.com/section.aspx?m=61

Grand Offices 4th Floor

Room 4.1013 Septembrie

Avenue90 Bucharest 5

050726Romania

(+40 21) 403 4495

(+40 21) 403 4490

Equest DOO(Belgrade)

Equest Balkan Properties plc invests in the property market of South East Europe. Its principal focus is on Bulgaria and Romania, with the rest of the Balkan region a secondary target.

Bulgaria, Romania and the Balkan Region


No 6 Bulevar Mihajla Pupina

New Belgrade, Serbia

(+ 381) (11)22 00 580

(+381) 11 2200583

Equest EAD (Sofia)

Equest Balkan Properties plc (EBP) looks to invest in commercial property assets, including retail and industrial property, with a view to taking advantage of attractive yields, and potential for capital appreciation in the region. As part of its investment strategy, EBP borrows funds from commercial lenders, as it anticipates that higher returns are achievable through investments than the cost of such debt financing.

Principal focus is on Bulgaria and Romania,

with the rest of the Balkan region a

secondary target.


Equest House8 Khan Asparouh

StreetSofia 1463 Bulgaria

(+ 359 2) 851 9120

(+359 2) 851 9102


http://www.europe.empglobal.com/

http://www.enercap.com/

http://www.ei.com.ro/

http://www.epicinvest.com/






Bulgaria N/A

€1 billion

N/A

N/A

N/A

N/A

N/A

N/A

Central Europe 80 Million EUR

Croatia N/A N/A

ERG Capital - 1 Special Investment Purpose JSC (Sofia )

ERG Capital – 1 ADSIP is operating as a real estate investment trust (REIT). The company was established in 2004 with the purpose of buying, owing and renting two specific built-to suit commercial use properties in Sofia – Praktiker and Oriflame, both located on Tzarigradsko Shousse Boulevard

http://www.ergcapital-1.bg/en/(+359) (2) 9658 389

(+359) (2) 9445 010

ERSTE - INVEST D.O.O.

Investment fund management company. One of the funds it manages is Erste ADRIATIC EQUITY, a fund investing on the Croatian capital market.

Republic of Croatia, member countries of OECD and EU, United States of America and

Serbia, Bosnia and Herzegovina,

Montenegro, Albania, Macedonia and Ukraine

http://www.erste-invest.hr/defaulteng.aspxZagreb, Ilica 10 / II

Croatia( +385 62) 372

900(+385 62) 372

901

European Privatization and Investment Corporation

Privatization and investment funds established and managed in several CSEE and CIS countries, current focus on tourism portfolios. Manages industrial portfolios for municipalities or industries.



and CIS

www.epicinvest.comMiramarska 24

HR-10 000 ZagrebCroatia

(+385 1) 600 5615

(+385 1) 600 5616


European Privatization and Investment Corporation pioneer in voucher privatization and direct equity investment



and CIS

www.epicinvest.comFadilpasica

Mustajbega 19/1Sarajevo 71000

(+387) 33 223 639

(+387) 33 223 639





and CIS

www.epicinvest.com



(+ 381) 11 262 2673

(+ 381) 11 262 8975



Bulgaria, Croatia, Serbia Romania, and other countries in South-East Europe, Turkey, Russia and CIS

www.epicinvest.com



(+ 381) 11 262 2673

(+ 381) 11 262 8975





and CIS

www.epicinvest.com

99 Evlogi Georgiev bul.

BG-1142 SofiaBulgaria

(+ 359) 2 988 7390

(+359) 2 981 6206





and CIS

www.epicinvest.com

EPIC Financial Consulting

Strada Paris 54 Sector 1

RO-011817 Bucharest

(+40) 1 231 2325

(+40) 1 231 2285

Euroventures Capital

Euroventures is one of the longest-established and leading independent private equity firms in Central Europe. Euroventures comprises four investment programmes, which have invested in 21 companies.

www.euroventures.hu

Hegyalja ut 168 1112 Budapest

Hungary

(+36) 1 309 7900

(+36) 1 319 4762

FEH ULAGANJA d.o.o.

MIRAMARSKA 24 HR 10000 ZAGREB , Ante Dropuljić,

director

(+385) 1 6111 711

FIMA GLOBAL INVEST D.O.O*

Investment fund management company. The company manages five investment funds including FIMA Equity and invests in real estates.

EU, OECD, CEFTA, Croatia, Bosna and

Herzegovina, Serbia, Montenegro

http://www.fgi.hr/?L=HAnina 2, HR 42000

Varazdin(+385 42) 390

930(+385 42) 390

980

http://www.ergcapital-1.bg/en/

http://www.erste-invest.hr/defaulteng.aspx







http://www.fgi.hr/?L=H



FMO €2.7 billion

250 Million EUR N/A N/A

N/A N/A

Romania 6 Million EUR

Global Finance € 700 million

Global Finance

Global Finance

Horizon Capital Moldova, Ukraine, USA 300 Million USD

€ 63 million

The Netherlands Development Finance Company (FMO) supports the private sector in developing countries and emerging markets. FMO provides loans, participations, guarantees and other investment promotion activities. The goal is to contribute to the structural and sustainable economic growth in these countries and, together with the private sector, obtain healthy returns.

Asia, Africa, Latin America and Central and

Eastern Europehttp://www.fmo.nl

Anna van Saksenlaan 71; 2593 HW The

Hague; The Netherlands

(+31 70) 314 96 54

(+31 70) 314 97 58

GED Capital Development

GED Group is an independent Private Equity group that operates in the Iberian Peninsula and in Southeastern Europe, with wide-ranging experience and a proven vocation for enterprise management.

Bulgaria, Romania, and the neighbouring countries in SEE as well as Spain, Portugal

www.gedprivateequity.com(+40) 213 175

884


GED Group is an independent Private Equity group that operates in the Iberian Peninsula and in Southeastern Europe, with wide-ranging experience and a proven vocation for enterprise management. The fund invests in companies at development phase in different sectors of the economy.

Bulgaria, Romania, and the neighbouring

countries in SEE as well as Spain, Portugal

150 Million EUR for Bulgaria


7470

GEMISA SERVICII S.R.L.

Gemisa Investments is the sole private equity fund in Romania focused on financing start-ups and early stage companies. The Fund was set-up at the end of 2004 and has committed investments in 11 companies thereof 10 start-ups and one mature company. At present, Gemisa owns investments in 10 companies, further one exit.

http://www.gemisa.ro/investment-strategy/63/Calea Rahovei, Nr.

266-268Bucureşti, Sector 5

(+40) 21 404 1400

(+40) 21 404 1401

Global Finance takes a proactive role in backing exceptional entrepreneurs and managers, providing growth capital to companies with a potential for significant expansion.The main investment activity of Global Finance comprises direct investments in portfolio companies in the manufacturing, information technology, specialty retail, media, telecommunications and services industries.

Bulgaria, Romania, Greece and Eastern

Europehttp://www.globalfinance.bg/content.aspx?mi=2

14 Filikis Etarias Square, 10673Athens Greece

(+30 210) 720 8900

(+30 210) 729 2643

Global Finance takes a proactive role in backing exceptional entrepreneurs and managers, providing growth capital to companies with a potential for significant expansion.The main investment activity of Global Finance comprises direct investments in portfolio companies in the manufacturing, information technology, specialty retail, media, telecommunications and services industries.

Bulgaria, Romania, Greece and Eastern

Europe

700 Million EUR through different

fundshttp://www.globalfinance.bg/content.aspx?mi=2

11 Maria Louisa Blvd. 4th floor

(+359) 2 92 39 561

(+359) 2 92 39 560

The main investment activity of Global Finance comprises direct investments in portfolio companies in the manufacturing, information technology, specialty retail, media, telecommunications and services industries. Typical exit methods are IPOs and trade sales to industrial or financial buyers.

Bulgaria, Romania, Greece

700 Million EUR through different

fundshttp://www.globalfinance.gr/page/default.asp?id=10&la=1

Calea Victoriei, Nr. 15, Bucharest Financial Plaza

Cod postal 030023, Bucureşti, Sector 3

(+40) 21 310 1100 (+40) 21

310 4252

(+40) 21 310 4253

Global Private Equity Holding AG (GPE)

Fund under management Eur 10bn industry sector: Industrial products & services, Consumer retail, Industria Automation, Services others.

Special focus – Eastern Europe

www.gutmann.at

Bank Gutmann Aktiengesellschaft

Schwarzenbergplatz 16

1010 Vienna, Austria

(+43) 1 502 20 0; (+43)

1/50.22.03.30; (+43)

1/50.22.02.20

Horizon Capital is a private equity fund manager that originates and manages investments in mid-cap companies with outstanding growth and profit potential in Ukraine and Moldova.

www.horizoncapital.com.ua

Str. Petru Movila 12, ap.4, 4th Floor

MD-2004 Chisinau Moldova

(+373) 22 88

72 00 (+373) 22 88 72

03

Horizonte Venture Management d.o.o.

Horizonte has been active in Slovenia since 1994 and has since then gradually invested into companies in the whole region of former Yugoslavia.Currently Horizonte has four funds under management with total committed capital of € 63 million.

Austria, Slovenia, Croatia, Bosnia and Herzegovina, Serbia

http://www.horizonte.at/index.php?page=7Vlaska 99

HR-10000 Zagreb (+385) (1) 466

5322(+385) (1) 466

4850

http://www.fmo.nl/

http://www.gedprivateequity.com/


http://www.gemisa.ro/investment-strategy/63/

http://www.globalfinance.bg/content.aspx?mi=2


http://www.globalfinance.gr/page/default.asp?id=10&la=1

http://www.gutmann.at/

http://www.horizonte.at/index.php?page=7



€ 63 million

€ 63 million

$ 6.3 billion

$6.3 billion

$6.3 billion

Innova Funds 3,4,5 www.innovacap.com



Austria, Slovenia, Croatia, Bosnia and Herzegovina, Serbia

http://www.horizonte.at/index.php?page=7ul. Ferhadija 11 br

BiH-71000 Sarajevo (+387 33) 207

087 (+387 33) 207

463



Austria, Slovenia, Croatia, Bosnia and Herzegovina, Serbia,

Montenegro and other contries from SEE

http://www.horizonte.at/index.php?page=7Teslova 30

SLO-1000 Ljubljana, Slovenia

(+386 1) 241 4780

(+386 1) 241 4788

Honestas Private Equity Partners

It currently manages 155 million HRK of capital raised from private domestic and foreign investors participating in the program of the Croatian Government called Economic cooperation funds. Our management team has a proven reference number of successful transactions and projects in Croatia and other countries of Central and Eastern Europe. The intention of the Company is to invest in reputable companies in order to enable additional growth and expansion.

Croatian and Eastern Europe

150 million Croatian kuna

http://www.honestas-pe.hr/#!

Ivana Lucica 2A, Eurotower

10000 Zagreb, Hrvatska

(+385) (0)1 555 1994

(+385) (0)1 410 0098

IFC – International Finance Corporations

Member of the World Bank Group. IFC fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments. The products they offer are: Loans for IFC's Account; Syndicated Loans; Equity Finance; Quasi-Equity Finance; Equity & Debt Funds; Structured Finance; Intermediary Services; Risk Management Products; Local Currency Financing; Municipal Finance; Trade Finance.

Sub-Saharan Africa; East Asia & the Pacific; South Asia; Europe & Central

Asia; Latin America & the Caribbean; Middle East &

North Africa

http://www.ifc.org

Trg. J.F. Kennedya 6b/III

HR-10000, Zagreb, Croatia

(+385 1) 235 7241

(+385 1) 235 7200



Sub-Saharan Africa; East Asia & the Pacific; South Asia; Europe & Central Asia; Latin America & the Caribbean; Middle East & North Africa

http://www.ifc.org

Bulevar Kralja Aleksandra 861100 Belgrade

Serbia

(+381 11) 302 3750

(+381 11) 302 3740



Sub-Saharan Africa; East Asia & the Pacific; South Asia; Europe & Central

Asia; Latin America & the Caribbean; Middle East &

North Africa

http://www.ifc.org/ifcext/eca.nsf/

content/contactus#Turkey_h

ub

83 Dacia Boulevard, Sector 2

Bucharest, Romania

(40-21) 318-2809

(40-21) 318-2810

Innova Capital manages funds that aim to invest within the Central, Eastern, or South-Central European Region, primarily in the EU accession countriesFund Innova/3 has only one last deal left in its portfolio. This fund is one of the best performing in European private equity in recent times. Fund Innova/4 is at end of the investment phase with six companies in its portfolio, but no exits yet. In 2010 Innova/5 fund started to invest

Poland, Romania, Bulgaria, Hungary, Slovakia, Croatia,

Moldova

112 Million USD, 228 M and 388

Million USD

Rondo ONZ 1, 35th floor

00-124 Warsaw Poland. Contacts: Mr

Robert L Conn, Managing Partner;

Mr Steven J Buckley, Managing Partner

+48 22 583 9400

(+48) 22 583 9420; +48 22

544 94 03




http://www.ifc.org/

http://www.ifc.org/



Albania $170 million

Croatia

Croatia € 11 million

emerging Europe

€ 70 Million

Kerten N/A

N/A

N/A

International Finance Corporation

As of December 2007, IFC has committed more than $170 million of its own funds in the country and has arranged over $8 million in syndications. IFC investments have financed projects in financial markets, information technology, oil and gas, and manufacturing sectors.

http://www.ifc.org/ifcext/eca.nsf/

content/contactus#ALBANIA

Deshmoret e 4 Shkurtit, No. 34Tirana, Albania

(+355 4) 280 650/1

(+355 4) 240 590

iO Adria Limited (until recently: Jupiter Adria)

Jupiter Adria was founded in Croatia by the British fund. After its separation from the Jupiter Fund Management Fund in 2011, the company rebranded and was named iO Adria. iO Adria invests in Croatian resort real estate with a unique idea of creating the finest collection of resort real estates in Croatia that offer authentic Adriatic experience united with the most quality service.

http://www.jupiteradria.hr/ (+)144129227

60

(+1) 441 295 8690 (Garth

Lorimer Turner)

JADRAN INVEST D.O.O.

Jadran Kapital d.d is a closed-end investment fund with the principle aim of investing in strategic property assets in Croatia.

http://www.jadraninvest.hr/ji_odrustvu.phpSAVSKA 141

10 000 ZAGREB (+385 1) 6191

647(+ 385 1) 6191

651

Jupiter Investment Management Group Limited

Jupitercurrently manage assets spread across a range of UK and offshore mutual funds, multi-manager products, hedge funds, institutional mandates and investment companies. Jupiter has gained a reputation for achieving outperformance across a broad variety of portfolios specialising in different markets, including UK equities, Europe, global financials and emerging Europe.

http://www.jupiteronline.co.uk

Jupiter Customer Services Department

PO Box 10666 Chelmsford CM99 2BG

(+44)8446207600

KD Asset Management B.V.

KD Private Equity Fund B.V. is a private greenfield risk capiatl fund which will make private equity and equtiy related investments in medium-sized companies in selected countries of the SEE region. As a generalist fund, it will invest in export companies with a regional presence in the consumer goods and durable goods sectors.Investment period running; no investments yet.

Bosnia and Herzegovina, Croatia, Bulgaria, Romania, Serbia,

Albania, Macedonia, Moldova

www.kd-group.siCelovška cesta 206

1000 Ljubljana(+386 1) 582

67 58(+386 1) 519 28

47

Kerten primarily focuses on investment opportunities in Central and Eastern European countries in a broad range of business sectors. Those of most interest are outlined below: *business services *energy and environmental *financial services *food production and processing *health and medical

Central and Eastern European countries

www.kerten.com

Kerten Capital SRLStr. Sold. Octavian

Moraru nr. 1Sector 1

011863 BucharestRomania

(+40) 21 231 30 16

Limestone Investment Management

Limestone is a specialist Emerging European equity fund manager based in Tallinn. Its current investment mandates cover several of the most attractive and innovative strategies for the region, including socially responsible investment (SRI) and Pre-IPO opportunities, as well as specific asset areas such as real estate equity opportunities. Their philosophy is one of continuous development across a broad portfolio of investment strategies in order to better serve our international client base and continue our long term success.

emerging (Central and Eastern) Europe

http://www.limestonefunds.eu/?id=5351

Väike-Karja 12, Tallinn 10140,

Estonia (+372) 712

0801(+372) 628 2370

MAC Assets Management

Long term investments, combined with small part of short term, diversified of investments in different companies and sectors are the major investment strategic of the MAM investing.

Macedonia, Serbia, MonteNegro, Albania,

Bosnia and Herzegovina, Croatia.

http://www.mam.com.mk/Default.aspx?id=5b7b222d-95d9-4b2f-bd6d-bcff4ccba6eaBorka Taleski br.15/2

1000 Skopje; Macedonia

(+389) 2 324 55 55

(+389) 2 324 55 55

http://www.jupiteradria.hr/

http://www.jadraninvest.hr/ji_odrustvu.php

http://www.jupiteronline.co.uk/

http://www.kd-group.si/

http://www.kerten.com/


http://www.mam.com.mk/Default.aspx?id=5b7b222d-95d9-4b2f-bd6d-bcff4ccba6ea



Croatia € 140 000

115 Million USD

€ 300 Million N/A

Montenegro N/A

Macquarie Group - London

Macquarie Group is a leading provider of banking, financial, advisory, investment and funds management services. Our global operations include offices in the world's major financial centres.

Europe / Middle East / Africa

http://www.macquarie.co.uk/mgl/uk

Ropemaker Place, 28 Ropemaker Street, London EC2Y 9HD, UK

0044 20 3037 2000

Marfin Investment Group Holdings S.A.

Making private equity-type investments, as well as investments in privatisations and infrastructure projects, in the targeted countries. Geographical preference : Southern Eastern Europe

Southern Eastern Europe

http://www.marfininvestmentgroup.com/

Marfin Investment Group

24 Kifissias AvenueAmaroussion, Athens

151 25, Greece

(+30) 210 81 73 000

MEDITERANINVEST D.O.O.

Company for the formation and management of investment funds. Real estate investments.

http://www.mediteraninvest.hr/templates/mediteranRadnaEng.asp?sifraStranica=152

ulica kralja Tomislava 24,

48 260 Križevci, Croatia

(+385 48) 655 814, 655 809

(+385 48) 655 955

Mezzanine Management group

Providing capital to private companies in the new EU member states and the other Balkan countries; While AMC is a generalist fund with no specific sector focus, when looking across all funds of the Mezzanine Management groups, the following industries have generally been particularly attractive• Contract services• Healthcare• Manufacturing/light industry• Media and related sectors

Romania, Hungary, Poland, Austria and

countries throughout Central and Eastern European countries

www.mezzmanagement.com

124 Calea Dorobanti Str.

Entrance A, Apt. 3, Ground Floor

Bucharest

(0040) 21 231 42 20

(0040) 21 231 42 20

Mid Europa Partners

Mid Europa Partners is a leading independent private equity investment firm focused on Central and Eastern Europe. The compnay typically invests €50 million to €200 million in companies with enterprise values ranging from €100 million to €1,500 million, which are cash-flow generative and have dominant market positions in sectors with high barriers to entry.Target sectors: * Telecoms & Media: * Utilitie * Transportation and logistic * Natural resources * Basic industries * Other sectors: building materials, general manufacturing, healthcare, pharmaceuticals, agri-business, etc...


www.mideuropa.com

Mid Europa Partners Kft

Bank CenterPlatina Tower, 5th

floorSzabadsag Ter 7.1054 Budapest

(+36) 1 411 1270

Montenegro Investments Ltd. (Argyll InvestmentServices Limited)

Invests in Real Estate Property http://www.serbiaproperty.gg/

PO Box 354Suite 4,


GuernseyGY1 3XF

(+44) 1481 740044

(+44) 1481 727355



http://www.mediteraninvest.hr/templates/mediteranRadnaEng.asp?sifraStranica=152

http://www.mezzmanagement.com/

http://www.mideuropa.com/

http://www.serbiaproperty.gg/



Croatia & SEE Countries 50 Million Euros 38515499859

NCH Advisors Western Balkans N/A

NCH Advisors Russia, Eastern Europe N/A


NEXUS Private Equity Partners

Nexus Private Equity Partners is a private equity / venture capital fund management company established in Croatia in 2008, with the ambition of developing and positioning Nexus as a key player in both the Croatian and regional private equity / venture capital markets withseveral funds under management.

http://www.nexus-pe.hr/en

I. Lucica 2a, 9th Floor (Eurotower),

10000 Zagreb, Croatia

+385 1 549 9850

NCH has launched 21 funds since its inception in 1993, and was the first Western investor to raise, invest and successfully liquidate twelve funds in Russia and Eastern Europe. Its two most recent funds dedicated to the region, NCH Agribusiness Partners and NCH New Europe Property Fund II, were launched in the autumn of 2007 and the summer of 2008, respectively. NCH Agribusiness Partners invests in farmland and agribusiness-related activities. NCH New Europe Property Fund II invests in real estate and related assets

www.nchadvisors.com

NCH Advisors Inc., SkyTower, No. 72, Rr. Deshmoret e 4 Shkurtit, Tirana,

Albania

(+355) 4 222 1666 ext 162

(+355) 4 222 1666 ext 162


www.nchadvisors.com

NCH Advisors Inc., Krzhizhanovskogo Street, 14, Building

3, 5th Floor, Moscow, Russia 117218 / NCH Direct Investments

Russia, Capital Tower Business Center, 29,

1st Brestskaya Street, Moscow,

Russia 125047 / NCH Advisors Inc., 138

Obvodny Canal Embankment, Building 101,

Treugolnik Business Center, 3rd Floor, St. Petersburg 190020,

Russia


www.nchadvisors.com

NCH Advisors Inc.27-T Degtyarevskaya

Street, 2nd Floor, Kyiv, Ukraine 04119

http://www.nexus-pe.hr/en

http://www.nchadvisors.com/






22.5 Million EUR

N/A N/A

PBZ INVEST D.O.O. € 332 million

Platina Partners across Europe

Poteza Group N/A

€ 311 million

Bulgaria N/A

Prosperus Invest Croatia 340 miliun HRK


www.nchadvisors.com

NCH Advisors Inc., Skytower Office

Center, 4th floor, Office E, 63, Vlaicu Pircalab Street, MD-

2012 Chisinau, Republic of Moldova

New Europe Venture Capital (NEVEQ)

NEVEQ (New Europe Venture Equity) is a venture capital firm launched in May 2006 to invest in exceptional entrepreneurs and rapidly growing and profitable technology companies operating from Southeastern Europe.

Bulgaria, Romania, Serbia, and Macedonia.

http://www.neveq.com/HR-10000 Zagreb,

Croatia(+ 359) 2 850

4000(+359 2) 858

1999

ORESA VENTURES ROMANIA S.R.L.

ORESA Ventures seeks to invest in those entrepreneurial skills most likely to be found in fast growing small and medium sized enterprises in the private sector.

Poland, Romania and other Estern and Central

Europe Countrieshttp://www.oresaventures.com/romania.html

Strada Ion Câmpineanu, Nr. 11, Union International

Center, Etaj 2Cod postal 010031, Bucureşti, Sector 1

(+32) 2 357 5577

Investment fund management company. The company manages the PZB Equity Fund.

Croatia, EU, CEFTA, OECD

http://www.pbzinvest.hr/Ilica 5 - Oktogon, 10000 Zagreb

(+385 1) 636 3699

(+385 1) 636 3688

Platina is an independent European investment firm focusing on renewable energy infrastructure and special situation buyouts. Their principal focus is on wind, solar and biomass. The projects they invest in use established technologies.

€500 million of equity

http://www.platinapartners.com/

LONDON (HQ): 20 Manchester Square, W1U 3PZ London

( +44) 20 7042 9600

(+44) 20 7042 960

Private equity funds consist of the Poteza Adriatic Fund, the venture capital Poteza Innovation and Growth Fund, the Poteza Real Estate Fund, the power supply fund and Poteza Investments Fund. The funds invest assets into private equity of companies in the region of Central and South-Eastern Europe.

Central and South-Eastern Europe

www.poteza.si Železna cesta 18, SI-

1000 Ljubljana, (+386 1) 30 70

800(+386 1) 30 70

801

Poteza Partners d.o.o.

The principal activities of the Poteza Group are stock broking, asset management, investment banking and pension insurance. Poteza advises closed-end investment funds and manage pension insurance funds, including management of financial instruments for customers, while offering companies expert support when making strategic decision.

Slovenia, Bosnia and Herzegovina

www.poteza.si/en/index.cp2

UNITIC Business Center, Ul. Fra

Andela Zvizovica 1 A/9

71000 Sarajevo Bosnia - Herzegovina

(+387 33) 296613

(+387 33) 296559

Prime Property BG REIT (Sofia )

Prime Property BG REIT is the first public investment vehicle licensed the Bulgarian Financial Supervisory Board in January 2004.The REIT strategy is to invest in development of residential and office buildings near Sofia and other major metropolitan areas in Bulgaria.

http://primepropertybg.com/e107/contact.php14 Antim I Street

Sofia 1303, Bulgaria (+359) 2 811-

9050(+359) 2 811-

9051

Restriction on investment refers to companies which are based in Croatia and perform the bulk of its operations in Croatia and up to 33% of fund capital in one company and a maximum of 40% in one economic sector.

http://www.prosperus-invest.hr/

Prosperus-invest d.o.o., Metalčeva 5,

10000 Zagreb, Croatia

(+385) (0)1 61 89 100

(+385) (0)1 61 89 109


http://www.neveq.com/

http://www.oresaventures.com/romania.html

http://www.pbzinvest.hr/


http://www.poteza.si/

http://www.poteza.si/en/index.cp2

http://primepropertybg.com/e107/contact.php





Real Estate Investment Trust Bulgaria N/A

Real Invest S.A. Moldova EUR 50 000*

Resource Partners

Romania 60 Million USD

Bulgaria N/A

RSG Kapital Slovenia and abroad N/A

Quaestus Invest d.o.o. Quaestus Real Estate

The largest Croatian real estate fund. The portfolio is diversified among telecommunications, food production and medical services sectors. Target investments are great turistic and residential projects on the Adriatic coast and investing in real estate within infrastructural projects.

www.quaestus.hr

Ilica 1, 10000 Zagreb, Croatia (+385 1) 4880-

900 (+358 1) 4870-

159

Quantum Developments REIT (Sofia)

http://www.quantum-bg.com/read.php?name=14&lang=bgSofia, 10 Gladston

Str(+359 2) 921

99 30(+359 2) 921 99

39

Financial investment and securities broking

http://goliath.ecnext.com/

coms2/merc-compint-

0001295531-Real-Invest-S-A.html

Balti, MD-3101 Moldova

373 23 16 14 60

373 23 12 03 28

Renaissance Capital

The leading independent investment bank operating in Russia, the CIS, Central and Eastern Europe, Africa, Asia and other high-opportunity emerging and frontier markets. The Firm is an established and trusted advisor to government, corporate and institutional clients in its core investment banking offerings: M&A, equity, debt, structured solutions and derivatives.


Renaissance Partners Is the principal investment arm of Renaissance Group, managing an investment portfolio of more than $750mn in Russia, the CIS and Africa

http://www.renaissancegroup.com/

Moscow City, Naberezhnaya Tower, block C, 10 Presnenskaya nab., Moscow 123317, Russia. / Parus Business Center, 2 Mechnikova Street,14th Floor, Kiev 01601, Ukraine / Genex Business Center, A 606 Vladimira Popovica 6, 11070 BelgradeSerbia

007 (495) 258-7777 (Moscow) / 0038 (44) 492-7383 (Kiev) / 381 (11) 302 0000 (Belgrade)

007 (495) 258-7778 (Moscow) and/or 0038 (44) 492-7393 (Kiev)

We seek to invest primarily in growth and expansion with only limited buyout element in profitable medium and small companies. We focus on industries such as: consumer goods and services, retail and distribution, healthcare or manufacturing. We invest a minimum of € 5 million via capital increase or purchase of existing shares and are mid-term investors, which means a 3-5 year holding period


http://www.resourcepartners.eu/en

Resource Partners Sp. z o.o.

Focus Building, CAl. Armii Ludowej 26

00-609 Warszawa

(+48) 22 579 8200

(+48) 22 579 8201

ROMANIAN AMERICAN ENTERPRISE FUND

The Romanian American Enterprise Fund, through its fund manager, Enterprise Capital (EC), works with leading global companies, individuals and institutions pursuing strategic investment opportunities in Romania and neighboring nations. The Fund invests in financial services, retail, logistics and distribution, consumer products, information technology and telecommunications (IT&C), healthcare, selected industrial, media and other consumer related services.

http://www.raef.ro/en/

Bulevardul Aviatorilor nr. 33


(+40) 21 207 7100

(+40) 21 222 8503

Rosslyn Capital Partners

Rosslyn Capital Partners is a leading private equity and venture capital firm investing in various industries and sectors including manufacturing, food and beverage, telecommunications, information technologies, renewable energy, agriculture, and real estate development.

http://www.rosslyncp.com/index.php?m=aboutus&a=overview13 Slavyanska Street

Sofia 1000Bulgaria

(+359) 2 915 8010

(+359) 2 981 8512

By investing in promising early-stage enterprises, RSG Capital provides incentives for business initiatives, thereby making the business environment more dynamic and improving economic growth. However, RSG Capital offers considerably more than financial assistance to the companies it invests in: it uses its experience in company management and its network of partners in Slovenia and abroad to enable the entrepreneur to conduct business efficiently, it assists with optimizing business models and financial structuring, helps to improve marketing routes, and it offers access to research institutions

http://www.rsg-capital.si/

RSG Kapital d.o.o., Tehnološki park 21,

1000 Ljubljana, Slovenija

(+386) 1 620 33 00

(+386) 1 620 33 05

http://www.quaestus.hr/

http://www.quantum-bg.com/read.php?name=14&lang=bg



http://www.raef.ro/en/

http://www.rosslyncp.com/index.php?m=aboutus&a=overview




Seedcamp N/A

$ 750 million

750 million US

20.6 Million USD (+372) 651 2693

SEAF Croatia Fund $ 12.6 million

Macedonia 13 Million USD

Bulgaria 22 Million USD www.seaf.bg

8.5 Million USD

12.6 Million USD

Seedcamp is an early-stage micro seed investment fund and mentoring programme. We make our investment decisions in companies several times throughout the year. You’ll often hear these companies referred to as the winners of a Seedcamp event. For the winning companies of any event that we choose to invest in, Seedcamp’s standard terms are €50000 for 8-10% per cent of the company. As a winner you also get our year-long support in growing your company, countless events, and of course a fast track to all the brilliant mentors and investors we call our friends.

Europe as well as SEE (e.g. Two project

investments in Croatia up to date)

http://www.seedcamp.com

Salford Capital Partners Inc.

Founded in 2001, Salford Capital Partners Inc. (“Salford”) is a private equity firm investing primarily in developing markets (mainly former Soviet Union and Central & Eastern Europe). Invests in the diary industry in Serbia and Southeast Europe.

Serbia, Macedonia, Croatia, Bosnia, Slovenia

http://www.salfordcapital.com/index1.htmBulevar Zorana

Djindjica 8aBelgrade 11070

(+381) 11 2222 500

(+381) 11 2222 533


Founded in 2001, Salford Capital Partners Inc. (“Salford”) is a private equity firm investing primarily in developing markets (mainly former Soviet Union and Central & Eastern Europe). Invested in the diary industry in Serbia and Southeast Europe.


http://www.salfordcapital.com/index1.htmBulevar Zorana

Djindjica 8aBelgrade 11070

(+381) 11 2222 500

(+381) 11 2222 533

SEAF - Central/Eastern European Growth Fund

SEAF seeks to build businesses with market leadership positions, differentiated products and services, and sustainable cost advantages to achieve attractive risk adjusted returns for the investors.


http://www.seaf.com/fund_ceegf.htm

Parnu mnt 142, 6th Floor

Tallinn 11317, Estonia

(+372) 651 2690

SEAF's focus is to expand and to realize value by accelerating the growth and profitability of local enterprises through capital, operational know-how, and global network. In building the value of local enterprises, SEAF aims to achieve attractive risk-adjusted returns for investors and generate meaningful economic benefits in the local communities.


http://www.seaf.com/fund_south_balkan.htmBritanski trg 5/11, 10 000 Zagreb, Croatia

(385-1) 481 1912 / 481

1913 (385-1) 482

3558

SEAF Macedonia Fund

SEAF/Macedonia seeks to invest in companies that have the potential to grow their commercial operations rapidly, and which need capital and assistance to achieve this growth.

www.seaf.com.mk

Bul. Partizanski Odredi, 62

1000 Skopje, Macedonia

(+389) 2 3079 611

(+389) 2 3079 612

SEAF Management Bulgaria

SEAF Bulgaria has been active on the Bulgarian financial markets since 1994. The organization is managed by Small Enterprise Assistance Funds (SEAF) which has two venture capital funds in Bulgaria – Trans-Balkan Bulgaria Fund (TBBF) and Caresbac Bulgaria. At this time both have fully exhausted their investment capital.

6, Bigla Str., Floor 1, 1407 Sofia, Bulgaria

(+359) 2 819 4343

(+359) 2 819 4344

SEAF ROMANIA MANAGEMENT S.R.L - Trans-Balkan Romania Fund

SEAF's focus is to expand and to realize value by accelerating the growth and profitability of local enterprises with our capital, operational know-how, and global network. Fund's investment activities typically focus on businesses in emerging markets and those underserved by traditional sources of capital for reasons that relate to the initial size of investment, remote location, cultural differences, or fragmentation within regional markets.

Romania, Macedonia, Bulgaria, Serbia,

Montenegro, Croatiahttp://www.seaf.com/fund_south_balkan.htm

Bulevardul Octavian Goga, Nr. 4, M 26 -

Tronson 1, Etaj Parter, Cod postal 030982, Bucureşti,

Sector 3

(+40) 21 326 7340

(+40) 21 326 73 37

SEAF South Balkan Fund

SEAF's focus is to expand and to realize value by accelerating the growth and profitability of local enterprises through capital, operational know-how, and global network. In building the value of local enterprises, SEAF aims to achieve attractive risk-adjusted returns for investors and generate meaningful economic benefits in the local communities.

Montenegro,Serbia, Macedonia

http://www.seaf.com/fund_south_balkan.htm

Bulevar AVNOJ-a 67, 1st Floor, Apartment

2Novi Beograd,

Republic of Serbia

(+381) 11 2129 524

(+381) 11 3016 371

http://www.seedcamp.com/

http://www.salfordcapital.com/index1.htm


http://www.seaf.com/fund_ceegf.htm


http://www.seaf.com.mk/





Serbia N/A

SigmaBleyzer

SigmaBleyzer

Sithe Global Power All countries N/A

Macedonia 6 Million EUR

SORTIS Invest Bulgaria, SEE N/A (+359) 2 943-90-71

N/A

(+202) 336 7949

Serbia Property Fund (Argyll InvestmentServices Limited)

Invests in Real Estate Property http://www.serbiaproperty.gg/

PO Box 354Suite 4,


GuernseyGY1 3XF

(+44) 1481 740044

(+44) 1481 727355

The Company focuses on consolidation, expansion, restructuring opportunities and on value creation through the active development of portfolio companies. It invests in private equity opportunities, acquire control, and take an active, hands-on role in the management of the funds’ investments.

Ukraine, Romania, Bulgaria and Kazakhstan

SigmaBleyzer currently

manages assets valued at over 1

Billion USD.

http://www.sigmableyzer.com/Sofia 1407

22, Zlaten Rog St., floor 8 office 20

(+359 2) 868 1868

(+359 2) 868 7868

The Company focuses on consolidation, expansion, restructuring opportunities and on value creation through the active development of portfolio companies. It invests in private equity opportunities, acquire control, and take an active, hands-on role in the management of the funds’ investments.

Ukraine, Romania, Bulgaria and Kazakhstan

SigmaBleyzer currently

manages assets valued at over 1

billion USD

http://www.sigmableyzer.com/

12Bis, Dr. Draghiescu St., Sect.

5, 050579, Bucharest , Romania

(+40 21) 410 1000;

(+40 21) 410 2222

Sithe Global Power, LLC is an international development company engaged in the development, construction, acquisition and operation of electric generation facilities in attractive markets around the world

http://www.sitheglobal.com/

New York, 277 Park Avenue, 40th Floor, New York, NY 10172

Small Investment Fund

Small Investment Fund (SIF) is the first private equity fund established in July 2007 in accordance with the Macedonian Law on Investment Funds. SIF invests in emerging MSMEs (early-stage companies, micro-finance graduates and other small companies, including local start-ups) across a broad range of sectors. Potential companies should have modest to high growth potential, competent managers with high integrity, ambition and successful track record, who are open to learning from SIF.

http://www.spmg.com.mk/services.php

Mitropolit Teodosij Gologanov 391000 Skopje, Macedonia

(+389 2) 3231 037; 3217 026;

3217 027

(+389 2) 3239 703

An investment advisory company established in February 2007, whose main business is assisting entrepreneurs in obtaining financing for their investment plans – business expansion, market penetration, acquisitions, etc. The financing may take the form of equity, quasi-equity, mezzanine loans or project financing, depending on the particular project. The most suitable form of financing is always sought in order to minimize the cost of funds to the Client.

http://www.sortis.bg/index_en.html1505, Sofia, Bulgaria,

49 "Madrid" Blvd., floor 1

(+359) 2 943-90-70

South-Balkan Private-Equity Management Group (SPMG)

SPMG is fund manager and one of the leading Macedonian companies providing management consulting and financial advisory services.

Macedonia and Southeast Europe



(+389 2) 3231 037; 3217 026;

3217 028

(+389 2) 3239 704

Southeast Europe Equity Fund II (SEEF II); Soros Investment Capital Ltd

Established in November 2004 with $65 million in OPIC financing, provides “a direct response to the critical need for private capital in southeast Europe by supporting direct private investment in the region,”;Managed by Bedminster Capital, an investment advisor to Soros Investment Capital Ltd

Albania, Bosnia-Herzegovina, Bulgaria,

Croatia, Macedonia, Romania, Serbia-

Montenegro, Slovenia and Turkey

Over 200 Million USD

http://www.opic.gov

1100 New York Avenue, NW

Washington, D.C. 20527

(+202) 336 8400

http://www.serbiaproperty.gg/



http://www.sitheglobal.com/


http://www.sortis.bg/index_en.html


http://www.opic.gov/



Albania over $80 million

Bulgaria 55 Million USD

N/A

All countries N/A

Bosnia and Herzegovina N/A

N/A

World Bank all countries

World Bank all countries N/A

The Albanian-American Enterprise Fund ("AAEF")

The Albanian-American Enterprise Fund ("AAEF") is a non-political, not-for-profit U.S. corporation established pursuant to the Support for East European Democracy Act of 1989 (“SEED ACT”). Its primary purpose is to promote the private sector development of Albania. To accomplish this, the AAEF invests and lends in a wide array of private enterprises, disseminates western business know-how, and, when appropriate, proposes changes to government policies affecting business.

http://www.aaef.com/

Rr. "Deshmoret e 4 Shurtit" "Green Park" Complex, Tower 2, 11th Floor, Tirana,

Albania

(+355) 4 222 408

(+355) 4 271 952

The Bulgarian-American Enterprise Fund

The Bulgarian-American Enterprise Fund's (BAEF)mission is to actively participate in the development and expansion of the economy by: * providing equity investments and loans to companies with high growth potential * leveraging its capital through co-financing with local or foreign partners * actively managing its investments * identifying and eliminating obstacles to private sector development through direct advocacy with the Bulgarian government

http://www.baefinvest.com/eng/main.html3 Shipka Street

Sofia 1504, Bulgaria(+359) 2 948

9200(+359) 2 946

0118

The Investment Fund for Central and Eastern Europe

A fund established by the Danish Government to support Danish investments in Central and Eastern Europe, is the co-financier of the agency line. IO provides equity, medium- and long-term loans, and guarantees on a commercial basis to promote economic, commercial, and industrial development in Central and Eastern Europe. Technically eligible host countries of IFU investments must be on the OECD’s DAC list of development aid recipients, and 2005 GNI per capita income may not exceed USD 2,772 (limit in 2007).

Albania, Bosnia and Herzegovina, Moldova

http://www.ifu.dk/dkBremerholm 4

1069 Copenhagen KDenmark

(+45) 33 63 75 00

(+45) 33 32 25 24

The Overseas Private Investment Corporation's (OPIC)

The Overseas Private Investment Corporation's (OPIC) mission is to mobilize and facilitate the participation of United States private capital and skills in the economic and social development of less developed countries and areas, and countries in transition from nonmarket to market economies.

http://www.opic.gov/index.asp

1100 New York Ave., NW

Washington DC 20527

(+202) 336-

8543 (+202) 408-

5133

Triland Development

Triland Development is a group of companies which owns, develops, and manages real estate assets including office, residential and retail properties in Bosnia and Herzegovina. Triland Development is affiliated with Crow Holdings, one of America's leading real estate development companies.

http://www.triland.net/about.htmlFerhadija 21

Sarajevo, BiH 71000 (+387 33) 251

800 (+387 33)

251801

VCP Zagreb d.o.o. (Vienna Capital Partners)

VCP is focused on both corporate finance advisory and selective direct investments in undervalued companies with high potential for growth. Active in all industries with a special focus on medium-to-large-sized enterprises as well as companies with a high potential for growth and value appreciation.

Bulgaria, Romania, Hungary, Zagreb,

Slovenia, Slowakia, Poland, Czech Republic

http://www.vcpag.com/257_ENVlaška 40/III

10000 Zagreb Croatia

( +385 1) 4881 500

(+385 1) 4881 530

The World Bank carries out projects and provides a wide variety of analytical and advisory services to help meet the development needs of individual countries and the international community. Most commonly projects are based on poverty reduction strategies.

http://www.worldbank.org/

Mr. Mirjana Milic, External Affairs Officer and NGO

LiaisonTrg. J.F. Kennedya

6b, III Floor10 000 Zagreb

(+385 1) 2357 274

(+385 1) 2357 200


http://www.worldbank.org/Fra Andjela

Zvizdovica 171000 Sarajevo

(+387 33) 251 500

(+387 71) 440 108

http://www.aaef.com/

http://www.baefinvest.com/eng/main.html

http://www.ifu.dk/dk


http://www.triland.net/about.html

http://www.vcpag.com/257_EN



A134

country offices: http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/ECAEXT/0,,contentMDK:20218790~menuPK:459710~pagePK:146736~piPK:226340~theSitePK:258599,00.html



World Bank All countries N/A






EVCA all countries N/A



Ms. Vesna Kostic, External Affairs

OfficerBulevar Kralja

Aleksandra 86-90Belgrade

(+381 11) 302 3700

(+381 11) 302 3732


http://www.worldbank.org

World Bank OfficeMr. Denis Boskovski,

External Affairs Officer and NGO

Liaison34, Leninova Street

1000 Skopje

(+389 2) 3117 159

(+389 2) 311 7627



Ms. Ana Gjokutaj, Communications Officer and NGO

LiaisonDeshmoret e 4

Shkurtit 34Tirana

(+381 11) 302 37 00

(381 11) 302 37 32



Mr. Mirjana Milic, External Affairs Officer and NGO

LiaisonTrg. J.F. Kennedya

6b, III Floor10 000 Zagreb

(+385 1) 2357 274

(+385 1) 2357 200



Mr. Slavian Gutu, Communications

Officer20/1, Pushkin StreetChisinau MD-2012

(373-22) 200-706

(373-22) 237-053



Ms. Mirlinda Gorcaj, External Affairs

AssistantStr. Mujo Ulqinaku

10000 Prishtina

(+381 - 38) 249 - 459

(+381 - 38) 249 - 780

The European Private Equity and Venture Capital Association (EVCA) represents the European private equity sector and promotes the asset class both within Europe and throughout the world.

Link to EVCA memebers with preference for investing in Croatia

Bastion TowerPlace du Champ de

Mars 5B-1050 Brussels

Belgium

(+32 2) 715 00 20

(+32 2) 725 07 04







http://www.evca.com/html/member_search.asp?action=process&company=&mbtype=All&country=All&typeFirm=All&GeoPref=Croatia&indPref=All&finType=All



E-mail

[email protected], and Jiri Benes [email protected]

[email protected]

[email protected]

[email protected]

(Mrs. Joanna James -Managing Director)

[email protected]

[email protected]

[email protected]

[email protected]

mailto:[email protected],%20and

mailto:[email protected]






[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]








[email protected]

N/A

[email protected]

http://www.ascendant.hr/contacts

[email protected]

[email protected]

[email protected]

[email protected]









N/A

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]









[email protected]

[email protected]

[email protected]

[email protected]

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[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]











N/A

N/A

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]; origination@innovacap.

com (Andrzej Bartos, Partner, Contact for

Entrepreneurs)







[email protected]

[email protected] (Garth Lorimer Turner)

[email protected]

enquiries@jupiteronline.

co.uk.

[email protected]

[email protected]

[email protected]


mailto:[email protected]%20(Garth%20Lorimer%20Turner)







N/A

[email protected] (Rachel Engel, Europe / Middle East / Africa)

[email protected]

[email protected]

[email protected]

mailto:[email protected]%20(Rachel%20Engel,%20Europe%20/%20Middle%20East%20/%20Africa)






[email protected]

[email protected]

[email protected] / [email protected]





[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]












[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]










N/A

info [at] seedcamp [dot] com

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]










N/A

[email protected]

[email protected]

see form at http://www.sitheglobal.c

om/contact.cfm

[email protected]

[email protected]

[email protected]

[email protected]









N/A

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

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[email protected]

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[email protected]

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[email protected]






FUND INVESTMENT STRATEGY Regions of investment WEB SITE Adress Tel


€330 million

2.5 Billion EUR

AIG Investment N/A

N/A

$200 million

Croatia N/A


3TS Capital Partners Ltd.

3TS Capital Partners is one of the leading private equity and venture capital firms in Central and Eastern Europe operating in the whole region through offices in Budapest, Bucharest, Prague, Vienna and

Warsaw. 3TS is currently the exclusive advisor to three funds totalling approximately € 230 million.

3TS is currently the exclusive advisor to three funds totalling approximately € 230

million

http://www.3tsvp.com Václavská 12Praha 2, 120 00Czech Republic

(+420) 221 460 130

7L Capital Partners 7L Capital Partners Emerging Europe L.P. is a EUR 100 million private equity fund focusing on Branded Goods and Services, Communications, and Technology and Applications.

The Fund is focused on Emerging Europe, including: Romania, Bulgaria, Turkey,

Former Yugoslavia and Greece

Made and managed fifty-five direct

investments, totaling EUR 242 million.


N/A(+30) 210 613

0455

Advent Central & Eastern Europe I&II

Provides finance and management to companies in the private sector. The majority of Advent's investment activity is focused on later-stage investments (buyouts, recapitalizations and growth equity). Advent operates three fund programs with a focus on: bus

Global, including Romania, Poland, Hungary, Czech

Republic, Slovakia, Turkey, Bulgaria and Croatia


Advent International plc111 Buckingham Palace Road

London SW1W 0SREngland

(+44 20) 7333 5537, (+44) 20

7333 0800

Advent International

Typical funding scenarios include: buyouts (including buyouts of non-core divisions of large corporations and buy-outs from private owners) ,financing organic or acquisition-led growth international expansion, recapitalizations, special situations such as

Romania, Bulgaria as well as countries from Western,

Central and Eastern Europe, North and South America


Advent International Romania SRL

7 Maresal Pilsudski StreetSector 1

(+40) 21 211 16 02

AIG Investments philosophy dictates investing in companies over the continuum of growth through value.

Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Romania,

Poland, Romania, Slovak Republic, Slovenia and

Ukraine

AIG Investments manages

approximately US 27.2 billion USD in private

equity assets.

http://www.aiginvestments.com/AIG/Funds/Funds+List/Equity/Europe/europe_emerging_equity.htm13 Banul Antonache St.


AIG New Europe Fund

AIGNEF is investing in private companies, typically in excess of 15 per cent of the outstanding shares of a portfolio company

Czech Republic, Hungary, Poland and Romania (the

primary region) and Bulgaria, Croatia, FYR Macedonia,

Moldova, the Slovak Repubic, Slovenia and Ukraine (the

secondary region)

Investment size is between US$ 10

million and US$ 30 million

Stratos Office Center ul. Skorupki 5 (5th floor) PL-00-546 Warsaw,

Mr Pierre F Mellinger, Chief Executive Officer Poland

(+48) 22 583 7000

Alfa Capital Partners

Alfa Capital Partners, a leading Moscow-based private equity and real estate investment group, which manages US$701 million in capital from international institutional and private investors alongside capital from Alfa Group. The group is created to build

Former Soviet Union, South East Europe and Turkey

http://www.alfacp.ru/eng/32/1 Sadovaya-Kudrinskaya

Street; 123001 Moscow, Russian Federation

(+7 495) 775 1828

Alternative Private Equity

Newly established Croatian investment fund, focuses on the Croatian companies, where it can exploit best its knowledge of local environment in order to create and add value to the investee companies. They usually combine equity and bank finance to invest between 5 mil EUR and 30 mil EUR per transaction. If the size of the potential transaction would exceed this limit, they might invite other co-investors.

http://www.alternative-pe.hr/Alternative Private Equity d.o.o.,

Republike Austrije 1, 10 000 Zagreb

(+385) 163 98 297

http://www.3tsvp.com/





http://www.alfacp.ru/eng/




Arco Capital N/A

Central and Eastern Europe N/A

Central and Eastern Europe N/A

N/A

110 Million EUR

Central and Eastern Europe $74.25 million

To underwrite and formulate investments in opportunistic assets across select emerging markets. Our unique strategy differs from those of other emerging markets managers by our strong focus on analyzing credit, political and legal risk, monitoring our portfolio assets and maintaining sufficient liquidity. To better distinguish emerging markets performing opportunities, we have leveraged our global relationships to promote a network of company management teams, industry experts, investment bankers, and professional advisors that collaborate with us on transactions. We are opportunistic and patient in identifying investments that meet our leveraged risk-adjusted return requirements. Our ultimate goal is to maximize investment returns and to maintain a consistent dividend yield policy.

Bulgaria, Batics, Western Balkans

http://arcocapital.com/Emerging Europe, Sofia Central

Park Building, 7 Sheinovo Street, floor 3, Sofia 1000, Bulgaria

(359) 2 895-2000

ARGUS Capital Group Limited

ARGUS was one of the first private equity firms to establish a network of offices in the countries of Central and Eastern Europe (the "Region"). We consider our local presence to be essential to our strategy of forming close partnerships with investee com

ARGUS II invests in the following Central and Eastern European countries: Albania,

Bosnia & Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary,

Latvia, Lithuania, FYR Macedonia, Montenegro, Poland, Romania, Serbia,

Slovakia, Slovenia, an

The Fund has commitments of EUR

263 million.http://www.arguscapitalgroup.com/en/index.html

HU-1126 Budapest, Nagy Jenő u. 12

Hungary (+361) 309 00 90

Arx Equity Partners Kft.


www.arxequity.comRomniceanu Grigore dr. 3A

050574 Bucharest Romania

(+40) 21 410 0123

Arx Equity Partners Kft. - Representative office


www.arxequity.comKronberg Building

Senovážné námestí 8110 00 Praha 1, The Czech Rep.

(+ 420 22) 423-5399

Ascendant Capital Advisors

Ascendant offers access for enterprises to private equity and debt capital for the purposes of company expansion, mergers and acquisitions, and other forms of ownership transition. ASCENDANT maintains close relations with a number of international private equity and mezzanine funds. We also have extensive experience negotiating issuances of corporate debt with banks and other lending institutions.

Croatia, Bosnia and Herzegovina, Serbia

http://www.ascendant.hr

Vukotinovićeva 4/2, 10 000 Zagreb, Croatia; Kulovića 8/2 71000 Sarajevo, BiH; Mihajlo Pupin Blvd. 10V/ 217, 11 070

New Belgrade, Serbia.

(+385) 1 4921 429/430; Fax: +387 33 922 463; Tel/Fax:

+381 11 2120 525

Balkan Accession Fund

BAF typically invests, through equity and/or mezzanine finance, in industry leaders active in double digit growth sectors and/or fragmented industries with consolidation protential, and having a clear domestic and/or regional expansion strategy through M&

Bulgaria, Romania. The Fund may also expand its

geographic coverage to Western Balkan countries

(e.g. Croatia, Serbia), Moldova and Ukraine.

http://www.bafund.net/36 Oborishte Str.

Sofia 1504, Bulgaria (+359) 2 819

4570

Baring Communications Equity Emerging Europe

Baring Communications Equity (Emerging Europe) Limited (“BCEE” or “The Fund”) is the oldest and leading media and communications focused fund in the Emerging Europe region. BCEE is uniquely positioned to help bring capital into ventures with gifted entrep


BCEE AdvisersKazimierzowska 3

05-510 Konstancin JeziornaPoland

(+48) 227172500



http://www.arxequity.com/

http://www.arxequity.com/

http://www.ascendant.hr/

http://www.bafund.net/




Blue Sea Capital SEE countries N/A

$30 million

30 Million USD

30 Million USD

Danube Fund Ltd N/A

DEG All countries € 244 million



All countries in SEE €5.7 billion

All countries in SEE 5.7 Billion EUR

It favours investments in majority stakes of privately owned companies. It targets companies with a strong national market position and pan-regional expansion plans. The Fund intends to focus on growth by providing capital to successful local entrepreneurs who operate businesses that can easily be expanded regionally, with a clear joint exit path. Blue Sea Capital looks to make investments ranging from EUR 5 million to EUR 20 million.


Zagreb office – Blue Sea Capital, Heinzelova 62A/2, 10 000 Zagreb

Copernicus Capital d.o.o.

Copernicus invests in a portfolio of companies across a wide range of commercial sectors. Specific areas of specialisation include business services, media and telecommunication, tourism related, distribution and logistics, consumer goods and services, he

Romania, Poland, Croatia, Serbia, UK

www.copernicus-capital.comTrg Nikole Subica Zrinskog 6

10000 ZagrebCroatia

(+385 1) 487

7900


Copernicus seeks to identify and invest in a portfolio of companies in its target countries, across a wide range of commercial sectors. The most important criterion for investment is a company that demonstrates exceptional prospects for commercial success

Croatia and Serbia primarily as well as other SEE countries

www.copernicus-capital.com24-26 Polona Street 010503 Bucharest

Romania

(+40) 21 312

1622


Copernicus seeks to identify and invest in a portfolio of companies in its target countries, across a wide range of commercial sectors. The most important criterion for investment is a company that demonstrates exceptional prospects for commercial success

Croatia and Serbia primarily as well as other SEE countries


Królewska 1600-103 Warsaw

Poland

(+48) 22 330 6333

This fund, which is sponsored by the Alpha Group of Greece, makes direct equity investments in private companies, or companies under going privatisation. At least two thirds of the Fund must be allocated to projects in Romania. The rest is considered on a

Romania, Albania, Bulgaria and FYR Macedonia

from US$ 0.5 million to US$ 2 million

Mr D Damianos, Managing Director & General Manager;

8 Merlin Street10671 Athens, Greece

(+30) 1 362 7710

DEG promotes private enterprise in developing and transition countries as a contribution to sustainable growth and a lasting improvement in the living conditions of the local population. In Serbia DEG supported the following sectors: * Energy * Wa

http://www.deginvest.de/EN_Home/DEG/index.jspZupana Vlastimira 6

11040 Belgrade(+381) 11 3671 273

Supporting Macedonia on its way to the EU, KfW allocated funds mainly in the areas of water supply, waste water treatment and environmental protection as well as support to micro, small and medium enterprises.

http://www.kfw-entwicklungsbank.de/EN_Home/LocalPresence/Europe64/Macedonia98/index.jspAntonie Grubisik 5

1000 Skopje(+389) 23 109

241

KfW's financial support in Albania focuses on the water and energy sectors as well as on the promotion of small and medium-sized enterprises.


Rruga Skenderbej (Rruga e Ambasadave)

Nr. 21/1 Kati IIITirana

(+355) 4 22 78 69



www.eastcapital.com

HeadquartersEast CapitalBox 1364

SE-111 93 StockholmSweden

(+ 46 850) 588500



http://www.eastcapital.com/en/about-east-capital/companyRomanov Dvor Business Centre

4, Romanov Lane125009 Moscow Russia

(+7 495) 380 15 00


http://www.copernicus-capital.com/

http://www.copernicus-capital.com/

http://www.deginvest.de/EN_Home/DEG/index.jsp

http://www.kfw-entwicklungsbank.de/EN_Home/LocalPresence/Europe64/Macedonia98/index.jsp


http://www.eastcapital.com/




EBRD 1.9 Million EUR

South Eastern Europe € +150M fund

EMP Global

1.6 Billion EUR

N/A

136 Million EUR

136 Million EUR

Equest EAD (Sofia) 136 Million EUR

€1 billion

The EBRD finance will support the expansion of the fast-growing company’s business in potato processing under the brand name of Vipa. The financing will support the strengthening of Pestova’s market position through the introduction of new products and an

http://www.ebrd.com/

Bojana Todorovska, EBRD, One Exchange SquareLondon EC2A 2JNUnited Kingdom

(+44 20) 7338 6940

Emerging Europe Accession Fund

EEAF invest in companies with strong medium-to-long-term growth potential that can take advantage of the EU convergence plan in the region. The general interest is for Consumer Goods and Consumer Related Services as well as for Professional Services for Companies


33 Aviatorilor Blvd., Bucharest 011853 Romania and/or 9 Chamkoria Street, Floor 4

Sofia 1527 Bulgaria

(+4) 021 207-7100

(Buchurest); +3592 819-4570 (Sofia)

EMP is a world-wide private equity firm with the resources and expertise to source, evaluate, and manage private investments globally in both developed and developing markets and across many industrial and commercial sectors.

Central and Eastern European countries as well as countries in Asia, Africa, Latin America

and Middle East

EMP Global has played a leading role as the Principle Advisor to a

$550 million fund targeting the EU

ascension countries of Europe

http://www.europe.empglobal.com

2020 K Street, NWSuite 400

Washington, DC 20006United States of America

(+1) 202 331 9051

EnerCap Capital Partners

specialises in private equity investments in renewable energy projects across Central, Eastern and South-Eastern Europe. The EnerCap Power Fund I L.P. was created to capture the exponential growth in renewable energy projects expected in the region. The Fund invests in projects and companies in: Wind energy, Biomass energy, Energy efficiency technologies, Solar energy, Small hydro power Projects generating carbon credits.

emerging (Central, Eastern and South-Eastern) Europe

€98 million closed-end ten year fund

http://www.enercap.com

EnerCap Capital Partners, Burzovní palác, Rybná 14, 110 00 Praha 1, Czech Republic

( +420) 227 316 222

Enterprise Investors

Enterprise Investors objective is to invest the money entrusted to us in companies that demonstrate high growth potential, and then to work with the entrepreneurs and the managers to increase the value of those companies.

Poland and countries in Central and Eastern Europe

www.ei.com.roDomus Center

Str. Stirbei Vodă Nr. 36, Etaj 5Bucureşti, sector 1, Romania

(+40 21) 314 66 85

EPIC Investment Partners

Throughout the years EPIC has developed an effective and consistent approach to investing in CSEE, Turkey and CIS. This approach is founded largely upon EPIC's belief in the need for a strong local presence and active participation in the management of th

Bulgaria, Croatia, Serbia Romania, and other countries in South-East Europe, Turkey,

Russia and CIS

www.epicinvest.com



(+ 381) 11 262 2673

Equest Equest Balkan Properties plc (EBP) looks to invest in commercial property assets, including retail and industrial property, with a view to taking advantage of attractive yields, and potential for capital appreciation in the region. As part of its investme

Principal focus is on Bulgaria and Romania, with the rest of

the Balkan region a secondary target.


Grand Offices 4th FloorRoom 4.10

13 Septembrie Avenue90 Bucharest 5

050726Romania

(+40 21) 403 4495

Equest DOO(Belgrade)

Equest Balkan Properties plc invests in the property market of South East Europe. Its principal focus is on Bulgaria and Romania, with the rest of the Balkan region a secondary target.

Bulgaria, Romania and the Balkan Region

http://www.equestbalkan.com/section.aspx?m=61No 6 Bulevar Mihajla Pupina

New Belgrade, Serbia(+ 381) (11)22

00 580

Equest Balkan Properties plc (EBP) looks to invest in commercial property assets, including retail and industrial property, with a view to taking advantage of attractive yields, and potential for capital appreciation in the region. As part of its investme

Principal focus is on Bulgaria and Romania, with the rest of

the Balkan region a secondary target.

http://www.equestbalkan.com/section.aspx?m=61Equest House

8 Khan Asparouh StreetSofia 1463 Bulgaria

(+ 359 2) 851 9120

ERSTE - INVEST D.O.O.

Investment fund management company. One of the funds it manages is Erste ADRIATIC EQUITY, a fund investing on the Croatian capital market.

Republic of Croatia, member countries of OECD and EU,

United States of America and Serbia, Bosnia and

Herzegovina, Montenegro, Albania, Macedonia and

Ukraine

http://www.erste-invest.hr/defaulteng.aspxZagreb, Ilica 10 / II

Croatia( +385 62) 372

900

http://www.ebrd.com/


http://www.europe.empglobal.com/

http://www.enercap.com/

http://www.ei.com.ro/





http://www.erste-invest.hr/defaulteng.aspx



Central Europe N/A

N/A

N/A

N/A

N/A

N/A

Central Europe 80 Million EUR

Croatia N/A N/A

Anina 2, HR 42000 Varazdin

FMO €2.7 billion

250 Million EUR N/A

European Investments & Partners (EIP)

EIP has been appointed by the investment company EIP III of the USA to find SME investments in the sustainable investment sector in central Europe. These investments can be for up to € 1.0 mm and can be projects (such as renewable energy, and fresh and waste water) or companies. Please see the EIP III section (EIP III) of their web site for additional detail


EIP - European Investments & Partners Sp. z o. o., 12C

Piaskowa St., 05-510 Konstancin-Chylice Poland

(+48) 22 7563232


Privatization and investment funds established and managed in several CSEE and CIS countries, current focus on tourism portfolios. Manages industrial portfolios for municipalities or industries.


Russia and CIS

www.epicinvest.comMiramarska 24

HR-10 000 ZagrebCroatia

(+385 1) 600 5615




Russia and CIS

www.epicinvest.comFadilpasica Mustajbega 19/1

Sarajevo 71000(+387) 33 223

639




Russia and CIS

www.epicinvest.com



(+ 381) 11 262 2673




Russia and CIS

www.epicinvest.com99 Evlogi Georgiev bul.

BG-1142 SofiaBulgaria

(+ 359) 2 988 7390




Russia and CIS

www.epicinvest.comEPIC Financial ConsultingStrada Paris 54 Sector 1RO-011817 Bucharest

(+40) 1 231 2325

Euroventures Capital

Euroventures is one of the longest-established and leading independent private equity firms in Central Europe. Euroventures comprises four investment programmes, which have invested in 21 companies.

www.euroventures.hu

Hegyalja ut 168 1112 Budapest

Hungary

(+36) 1 309 7900

FEH ULAGANJA d.o.o.

MIRAMARSKA 24 HR 10000 ZAGREB , Ante Dropuljić, director (+385) 1 6111

711

FIMA GLOBAL INVEST D.O.O*

Investment fund management company. The company manages five investment funds including FIMA Equity and invests in real estates.

EU, OECD, CEFTA, Croatia, Bosna and Herzegovina,

Serbia, Montenegrohttp://www.fgi.hr/?L=H

(+385 42) 390 930

The Netherlands Development Finance Company (FMO) supports the private sector in developing countries and emerging markets. FMO provides loans, participations, guarantees and other investment promotion activities. The goal is to contribute to the structur

Asia, Africa, Latin America and Central and Eastern

Europehttp://www.fmo.nl

Anna van Saksenlaan 71; 2593 HW The Hague; The

Netherlands

(+31 70) 314 96 54


GED Group is an independent Private Equity group that operates in the Iberian Peninsula and in Southeastern Europe, with wide-ranging experience and a proven vocation for enterprise management.

Bulgaria, Romania, and the neighbouring countries in SEE as well as Spain, Portugal


884







http://www.fgi.hr/?L=H

http://www.fmo.nl/




N/A

N/A

Global Finance € 700 million

Global Finance 11 Maria Louisa Blvd. 4th floor

Global Finance Bulgaria, Romania, Greece

Global Finance South Eastern Europe € 700 million

Croatian and Eastern Europe

€ 63 million

€ 63 million

€ 63 million


GED Group is an independent Private Equity group that operates in the Iberian Peninsula and in Southeastern Europe, with wide-ranging experience and a proven vocation for enterprise management. The fund invests in companies at development phase in differe

Bulgaria, Romania, and the neighbouring countries in SEE

as well as Spain, Portugal

150 Million EUR for Bulgaria


7470

GEM-Mediteran Adriatica d.o.o.

VARŠAVSKA 8, ZAGREB, Croatia (+385) (0)1 48 33 060

Global Finance takes a proactive role in backing exceptional entrepreneurs and managers, providing growth capital to companies with a potential for significant expansion.The main investment activity of Global Finance comprises direct investments in portfo

Bulgaria, Romania, Greece and Eastern Europe

http://www.globalfinance.bg/content.aspx?mi=214 Filikis Etarias Square, 10673

Athens Greece(+30 210) 720

8900

Global Finance takes a proactive role in backing exceptional entrepreneurs and managers, providing growth capital to companies with a potential for significant expansion.The main investment activity of Global Finance comprises direct investments in portfo

Bulgaria, Romania, Greece and Eastern Europe

700 Million EUR through different funds

http://www.globalfinance.bg/content.aspx?mi=2(+359) 2 92 39

561

The main investment activity of Global Finance comprises direct investments in portfolio companies in the manufacturing, information technology, specialty retail, media, telecommunications and services industries. Typical exit methods are IPOs and trade s

700 Million EUR through different funds


Calea Victoriei, Nr. 15, Bucharest Financial Plaza


(+40) 21 310 1100 (+40) 21

310 4252

It is an independent investment firm that has pioneered private equity and venture capital in South-Eastern Europe. GlobalFinance is aimed towards management buy-outs or companies seeking financial and management support to implement ambitious plans.

http://www.globalfinance.gr

7, Fragoklissias Street151 25 Maroussi, Athens,

Greece(+30) 210 81

24 500

Global Private Equity Holding AG (GPE)

Fund under management Eur 10bn industry sector: Industrial products & services, Consumer retail, Industria Automation, Services others.

Special focus – Eastern Europe

www.gutmann.at

Bank Gutmann Aktiengesellschaft

Schwarzenbergplatz 161010 Vienna, Austria

(+43) 1 502 20 0; (+43)

1/50.22.03.30; (+43)

1/50.22.02.20

Honestas Private Equity Partners

It currently manages 155 million HRK of capital raised from private domestic and foreign investors participating in the program of the Croatian Government called Economic cooperation funds. Our management team has a proven reference number of successful transactions and projects in Croatia and other countries of Central and Eastern Europe. The intention of the Company is to invest in reputable companies in order to enable additional growth and expansion.

150 million Croatian kuna

http://www.honestas-pe.hr/#!Ivana Lucica 2A, Eurotower

10000 Zagreb, Hrvatska(+385) (0)1 555 1994



Austria, Slovenia, Croatia, Bosnia and Herzegovina,

Serbiahttp://www.horizonte.at/index.php?page=7

Vlaska 99HR-10000 Zagreb

(+385) (1) 466 5322




Serbiahttp://www.horizonte.at/index.php?page=7

ul. Ferhadija 11 brBiH-71000 Sarajevo

(+387 33) 207 087




Serbia, Montenegro and other contries from SEE

http://www.horizonte.at/index.php?page=7Teslova 30

SLO-1000 Ljubljana, Slovenia (+386 1) 241

4780





http://www.globalfinance.gr/

http://www.gutmann.at/







Croatia

emerging Europe

€ 70 Million

Kerten N/A

N/A

N/A

Southern Eastern Europe

115 Million USD

iO Adria Limited (until recently: Jupiter Adria)

Jupiter Adria was founded in Croatia by the British fund. After its separation from the Jupiter Fund Management Fund in 2011, the company rebranded and was named iO Adria. iO Adria invests in Croatian resort real estate with a unique idea of creating the finest collection of resort real estates in Croatia that offer authentic Adriatic experience united with the most quality service.

http://www.jupiteradria.hr/ (+)144129227

60

Jupiter Investment Management Group Limited

Jupitercurrently manage assets spread across a range of UK and offshore mutual funds, multi-manager products, hedge funds, institutional mandates and investment companies. Jupiter has gained a reputation for achieving outperformance across a broad variety of portfolios specialising in different markets, including UK equities, Europe, global financials and emerging Europe.

http://www.jupiteronline.co.uk

Jupiter Customer Services Department

PO Box 10666 Chelmsford CM99 2BG

(+44)8446207600

KD Asset Management B.V.

KD Private Equity Fund B.V. is a private greenfield risk capiatl fund which will make private equity and equtiy related investments in medium-sized companies in selected countries of the SEE region. As a generalist fund, it will invest in export companies

Bosnia and Herzegovina, Croatia, Bulgaria, Romania, Serbia, Albania, Macedonia,

Moldova

www.kd-group.siCelovška cesta 206

1000 Ljubljana(+386 1) 582

67 58

Kerten primarily focuses on investment opportunities in Central and Eastern European countries in a broad range of business sectors. Those of most interest are outlined below: *business services *energy and environmental *financial services

Central and Eastern European countries

www.kerten.com

Kerten Capital SRLStr. Sold. Octavian Moraru nr. 1

Sector 1011863 Bucharest

Romania

(+40) 21 231 30 16

Limestone Investment Management

Limestone is a specialist Emerging European equity fund manager based in Tallinn. Its current investment mandates cover several of the most attractive and innovative strategies for the region, including socially responsible investment (SRI) and Pre-IPO opportunities, as well as specific asset areas such as real estate equity opportunities. Their philosophy is one of continuous development across a broad portfolio of investment strategies in order to better serve our international client base and continue our long term success.

emerging (Central and Eastern) Europe

http://www.limestonefunds.eu/?id=5351Väike-Karja 12, Tallinn 10140,

Estonia (+372) 712

0801

MAC Assets Management

Long term investments, combined with small part of short term, diversified of investments in different companies and sectors are the major investment strategic of the MAM investing.

Macedonia, Serbia, MonteNegro, Albania, Bosnia

and Herzegovina, Croatia.http://www.mam.com.mk/Default.aspx?id=5b7b222d-95d9-4b2f-bd6d-bcff4ccba6ea

Borka Taleski br.15/21000 Skopje; Macedonia

(+389) 2 324 55 55

Marfin Investment Group Holdings S.A.

Making private equity-type investments, as well as investments in privatisations and infrastructure projects, in the targeted countries. Geographical preference : Southern Eastern Europe


Marfin Investment Group 24 Kifissias Avenue

Amaroussion, Athens151 25, Greece

(+30) 210 81 73 000

Mezzanine Management group

Providing capital to private companies in the new EU member states and the other Balkan countries; While AMC is a generalist fund with no specific sector focus, when looking across all funds of the Mezzanine Management groups, the following industries hav

Romania, Hungary, Poland, Austria and countries

throughout Central and Eastern European countries

www.mezzmanagement.com124 Calea Dorobanti Str.

Entrance A, Apt. 3, Ground Floor Bucharest

(0040) 21 231 42 20

http://www.jupiteradria.hr/

http://www.jupiteronline.co.uk/

http://www.kd-group.si/

http://www.kerten.com/


http://www.mam.com.mk/Default.aspx?id=5b7b222d-95d9-4b2f-bd6d-bcff4ccba6ea


http://www.mezzmanagement.com/



Central and Eastern Europe € 300 Million

NCH Advisors Western Balkans N/A

22.5 Million EUR

Croatia and SEE markets €36 million /€52 million

Europe

N/A

Platina Partners across Europe €500 million of equity

Poteza Group N/A

€ 311 million

Mid Europa Partners

Mid Europa Partners is a leading independent private equity investment firm focused on Central and Eastern Europe. The compnay typically invests €50 million to €200 million in companies with enterprise values ranging from €100 million to €1,500 million, w

www.mideuropa.com

Mid Europa Partners Kft, Bank Center, Platina Tower, 5th floor,

Szabadsag Ter 7. 1054 Budapest ; 161 Brompton Road,

London SW3 1EX, United Kingdom

(+36) 1 411 1270

(Budapest); +44 207 886

36 21 (London)


www.nchadvisors.com

NCH Advisors Inc., SkyTower, No. 72, Rr. Deshmoret e 4 Shkurtit,

Tirana, Albania(+355) 4 222 1666 ext 162

New Europe Venture Capital (NEVEQ)

NEVEQ (New Europe Venture Equity) is a venture capital firm launched in May 2006 to invest in exceptional entrepreneurs and rapidly growing and profitable technology companies operating from Southeastern Europe.

Bulgaria, Romania, Serbia, and Macedonia.

http://www.neveq.com/ No. 23, Kustendil str., Sofia

1680, Bulgaria,(+ 359) 2 850

4000

Nexus Private Equity Partners

Nexus has two private equity funds under management. The first fund Nexus ALPHA was established in October 2008 with HRK 254.5 million (cca. EUR 36 million) of committed funds. The second fund Nexus FGS was established in February 2011, as a "fund for economic cooperation" where the Croatian Government is a pari passu investor along private investors, with HRK 380 million (cca. EUR 52 million) of committed funds.

http://www.nexus-pe.hr/en/

Nexus Private Equity Partneri d.o.o., I. Lucica 2a, 9th Floor

(Eurotower), HR-10000 Zagreb, Croatia

(+385) 1 5499 850

NBGI Private Equity

NBGI Private Equity owns NBG South Eastern Europe Fund LP industry sectors : All type of financing : majority equity, minority equity, Debt geographical preference : Europe

http://nbgipe.com/

23A Vas. Sofias Avenue106 74 Athens

Greece(+30) 210 331

95 75

ORESA VENTURES ROMANIA S.R.L.

ORESA Ventures seeks to invest in those entrepreneurial skills most likely to be found in fast growing small and medium sized enterprises in the private sector.

Poland, Romania and other Estern and Central Europe

Countrieshttp://www.oresaventures.com/romania.html

Strada Ion Câmpineanu, Nr. 11, Union International Center, Etaj 2


(+32) 2 357 5577

Platina is an independent European investment firm focusing on renewable energy infrastructure and special situation buyouts. Their principal focus is on wind, solar and biomass. The projects they invest in use established technologies.

http://www.platinapartners.com/LONDON (HQ): 20 Manchester

Square, W1U 3PZ London ( +44) 20 7042

9600

Private equity funds consist of the Poteza Adriatic Fund, the venture capital Poteza Innovation and Growth Fund, the Poteza Real Estate Fund, the power supply fund and Poteza Investments Fund. The funds invest assets into private equity of companies in th

Central and South-Eastern Europe

www.poteza.siŽelezna cesta 18, SI-1000

Ljubljana, (+386 1) 30 70

800

Poteza Partners d.o.o.

The principal activities of the Poteza Group are stock broking, asset management, investment banking and pension insurance. Poteza advises closed-end investment funds and manage pension insurance funds, including management of financial instruments for cu

Slovenia, Bosnia and Herzegovina

www.poteza.si/en/index.cp2

UNITIC Business Center, Ul. Fra Andela Zvizovica 1 A/9

71000 Sarajevo Bosnia - Herzegovina

(+387 33) 296613

http://www.mideuropa.com/


http://www.neveq.com/

http://www.nexus-pe.hr/en/

http://nbgipe.com/

http://www.oresaventures.com/romania.html


http://www.poteza.si/

http://www.poteza.si/en/index.cp2



Prosperus Invest Croatia 340 miliun HRK


Resource Partners Central and Eastern Europe

RSG Kapital Slovenia and abroad N/A

$ 750 million

SORTIS Invest Bulgaria, SEE N/A

N/A

Over 200 Million USD

Restriction on investment refers to companies which are based in Croatia and perform the bulk of its operations in Croatia and up to 33% of fund capital in one company and a maximum of 40% in one economic sector.

http://www.prosperus-invest.hr/Prosperus-invest d.o.o.,

Metalčeva 5, 10000 Zagreb, Croatia

(+385) (0)1 61 89 100

Quaestus Invest d.o.o. Quaestus Real Estate

The largest Croatian real estate fund. The portfolio is diversified among telecommunications, food production and medical services sectors. Target investments are great turistic and residential projects on the Adriatic coast and investing in real estate within infrastructural projects.

www.quaestus.hrIlica 1, 10000 Zagreb, Croatia

(+385 1) 4880-900

We seek to invest primarily in growth and expansion with only limited buyout element in profitable medium and small companies. We focus on industries such as: consumer goods and services, retail and distribution, healthcare or manufacturing. We invest a minimum of € 5 million via capital increase or purchase of existing shares and are mid-term investors, which means a 3-5 year holding period


Resource Partners Sp. z o.o.Focus Building, C

Al. Armii Ludowej 2600-609 Warszawa

(+48) 22 579 8200

By investing in promising early-stage enterprises, RSG Capital provides incentives for business initiatives, thereby making the business environment more dynamic and improving economic growth. However, RSG Capital offers considerably more than financial assistance to the companies it invests in: it uses its experience in company management and its network of partners in Slovenia and abroad to enable the entrepreneur to conduct business efficiently, it assists with optimizing business models and financial structuring, helps to improve marketing routes, and it offers access to research institutions


RSG Kapital d.o.o.

Tehnološki park 211000 Ljubljana

Slovenija

(+386) 1 620 33 00


Founded in 2001, Salford Capital Partners Inc. (“Salford”) is a private equity firm investing primarily in developing markets (mainly former Soviet Union and Central & Eastern Europe). Invests in the diary industry in Serbia and Southeast Europe.


http://www.salfordcapital.com/index1.htmBulevar Zorana Djindjica 8a

Belgrade 11070(+381) 11 2222 500


http://www.sortis.bg/index_en.html1505, Sofia, Bulgaria, 49 "Madrid" Blvd., floor 1

(+359) 2 943-90-70

South-Balkan Private-Equity Management Group (SPMG)

SPMG is fund manager and one of the leading Macedonian companies providing management consulting and financial advisory services.

Macedonia and Southeast Europe



(+389 2) 3231 037; 3217 026;

3217 028

Southeast Europe Equity Fund II (SEEF II); Soros Investment Capital Ltd

Established in November 2004 with $65 million in OPIC financing, provides “a direct response to the critical need for private capital in southeast Europe by supporting direct private investment in the region,”;Managed by Bedminster Capital, an investment

Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Macedonia, Romania, Serbia-Montenegro,

Slovenia and Turkey

http://www.opic.gov1100 New York Avenue, NW

Washington, D.C. 20527(+202) 336

8400


http://www.quaestus.hr/






http://www.opic.gov/



N/A

All countries N/A

EVCA all countries N/A

The Investment Fund for Central and Eastern Europe

A fund established by the Danish Government to support Danish investments in Central and Eastern Europe, is the co-financier of the agency line. IO provides equity, medium- and long-term loans, and guarantees on a commercial basis to promote economic, com

Albania, Bosnia and Herzegovina, Moldova

http://www.ifu.dk/dkBremerholm 4

1069 Copenhagen KDenmark

(+45) 33 63 75 00

The Overseas Private Investment Corporation's (OPIC)

The Overseas Private Investment Corporation's (OPIC) mission is to mobilize and facilitate the participation of United States private capital and skills in the economic and social development of less developed countries and areas, and countries in transit

http://www.opic.gov/index.asp1100 New York Ave., NW

Washington DC 20527

(+202) 336-

8543

The European Private Equity and Venture Capital Association (EVCA) represents the European private equity sector and promotes the asset class both within Europe and throughout the world.

Link to EVCA memebers with preference for investing in Croatia

Bastion TowerPlace du Champ de Mars 5

B-1050 BrusselsBelgium

(+32 2) 715 00 20

http://www.ifu.dk/dk


http://www.evca.com/html/member_search.asp?action=process&company=&mbtype=All&country=All&typeFirm=All&GeoPref=Croatia&indPref=All&finType=All



Fax E-mail

N/A

N/A

(+420) 221 460 137

[email protected], and Jiri Benes [email protected]

(+30) 210 613 2104

[email protected]

(+44 20) 7333 0801

[email protected] (Mrs. Joanna James -Managing Director)

(+40) 21 211 16 02

[email protected]

[email protected]

(+48) 22 583 6969

[email protected]

(+7 495) 775 1827

[email protected]

[email protected]

mailto:[email protected],%20and


mailto:[email protected]%20(Mrs.%20Joanna%20James%20-Managing%20Director)








(359) 2 895-2020 [email protected]

(+361) 309 00 91

[email protected]

(+40) 21 410 5284

[email protected]

(+420 22) 423-9424

[email protected]

(+385) 1 4921 431; +387 33

922 463; Tel/Fax: +381 11

2120 525


(+359) 2 944 14 75

[email protected]

(+48) 224853011

[email protected]










[email protected]

(+385 1) 487 7901

[email protected]

(+40) 21 312 1644

[email protected]

(+48) 22 330 6300

[email protected]

(+30) 1 361 9532

[email protected]

(+381) 11 3671 273

[email protected]

(+389) 23 212 466

[email protected]

(+355) 4 23 38 79

[email protected]

(+ 46 850) 588500

[email protected]

(+7 495) 380 15 01

[email protected]













(+44 20) 7338 6100

[email protected]

(+4) 021-222-8503

(Buchurest); +3592 944-1475

(Sofia)

[email protected]

(+1) 202 331 9250

[email protected]

(+420) 227 316 444

[email protected]

(+40 21) 314 81 93

[email protected]

(+ 381) 11 262 8975

[email protected]

(+40 21) 403 4490

[email protected]

(+381) 11 2200583 [email protected]

(+359 2) 851 9102

[email protected]

(+385 62) 372 901












N/A

(+48) 22 756 49 19 [email protected]

(+385 1) 600 5616

[email protected]

(+387) 33 223 639

[email protected]

(+ 381) 11 262 8975

[email protected]

(+359) 2 981 6206

[email protected]

(+40) 1 231 2285

[email protected]

(+36) 1 319 4762

[email protected]

(+385 42) 390 980

[email protected]

(+31 70) 314 97 58

[email protected]

[email protected]













N/A [email protected]

(+385) (0)1 48 33 053

[email protected]

(+30 210) 729 2643

[email protected]

(+359) 2 92 39 560

[email protected]

(+40) 21 310 4253

[email protected]

(+30) 210 80 55 430

[email protected]

[email protected]

(+385) (0)1 410 0098

[email protected]

(+385) (1) 466 4850

[email protected]

(+387 33) 207 463

[email protected]

(+386 1) 241 4788

[email protected]














(+1) 441 295 8690 (Garth

Lorimer Turner)[email protected] (Garth Lorimer Turner)

[email protected].

uk.

(+386 1) 519 28 47

[email protected]

(+372) 628 [email protected]

(+389) 2 324 55 55

[email protected]

(0040) 21 231 42 20

[email protected]

mailto:[email protected]%20(Garth%20Lorimer%20Turner)







N/A

N/A N/A

N/A

[email protected] (Budapest), Andrej Babace [email protected] (London)

(+355) 4 222 1666 ext 162

[email protected]

(+359 2) 858 1999

[email protected]

(+385 1 5499 859)

[email protected]

[email protected]

(+44) 20 7042 960 [email protected]

(+386 1) 30 70 801

[email protected]

(+387 33) 296559

[email protected]











(+359) 2 943-90-71

(+202) 336 7949

(+385) (0)1 61 89 109

[email protected]

(+358 1) 4870-159

[email protected]

(+48) 22 579 8201 [email protected]

(+386) 1 620 33 05 [email protected]

(+381) 11 2222 533

[email protected]

[email protected]

(+389 2) 3239 704

[email protected]

[email protected]











(+45) 33 32 25 24

[email protected]

(+202) 408-5133

[email protected]

(+32 2) 725 07 04

[email protected]




FUND

NCH Advisors

NCH Advisors

NCH Advisors

Macquarie Group - London

Renaissance Capital

INVESTMENT STRATEGY




Macquarie Group is a leading provider of banking, financial, advisory, investment and funds management services. Our global operations include offices in the world's major financial centres.

The leading independent investment bank operating in Russia, the CIS, Central and Eastern Europe, Africa, Asia and other high-opportunity emerging and frontier markets. The Firm is an established and trusted advisor to government, corporate and institutional clients in its core investment banking offerings: M&A, equity, debt, structured solutions and derivatives.

Capitalization amount WEB SITE

Russia, Eastern Europe N/A



Regions of investment

www.nchadvisors.com

www.nchadvisors.com

www.nchadvisors.com

Europe / Middle East / Africa







Renaissance Partners Is the principal investment arm of Renaissance Group, managing an investment portfolio of more than $750mn in Russia, the CIS and Africa



Adress Tel Fax

NCH Advisors Inc., Krzhizhanovskogo Street, 14, Building 3, 5th Floor,

Moscow, Russia 117218 / NCH Direct Investments Russia, Capital Tower

Business Center, 29, 1st Brestskaya Street, Moscow, Russia 125047 / NCH Advisors Inc., 138 Obvodny

Canal Embankment, Building 101, Treugolnik Business Center, 3rd

Floor, St. Petersburg 190020, Russia

NCH Advisors Inc.27-T Degtyarevskaya Street, 2nd

Floor, Kyiv, Ukraine 04119

NCH Advisors Inc., Skytower Office Center, 4th floor, Office E, 63, Vlaicu Pircalab Street, MD-2012 Chisinau,

Republic of Moldova

Ropemaker Place, 28 Ropemaker Street, London EC2Y 9HD, UK

0044 20 3037 2000

Moscow City, Naberezhnaya Tower, block C, 10 Presnenskaya nab., Moscow 123317, Russia. / Parus Business Center, 2 Mechnikova Street,14th Floor, Kiev 01601, Ukraine / Genex Business Center, A 606 Vladimira Popovica 6, 11070 BelgradeSerbia

007 (495) 258-7777 (Moscow) / 0038 (44) 492-7383 (Kiev) / 381 (11) 302 0000 (Belgrade)

007 (495) 258-7778 (Moscow) and/or 0038 (44) 492-7393 (Kiev)

E-mail

[email protected] / [email protected]

[email protected]

[email protected] (Rachel Engel, Europe / Middle East / Africa)


mailto:[email protected]%20(Rachel%20Engel,%20Europe%20/%20Middle%20East%20/%20Africa)

[email protected]


FUND INVESTMENT STRATEGY

Baltcap

NCH Advisors

NCH Advisors

NCH Advisors

SORTIS Invest

BaltCap is the leading dedicated private equity and venture capital investor in the Baltic States (Estonia, Latvia and Lithuania). It invests in Buy-outs/buy-ins and Private companies in expansion.

NCH has launched 21 funds since its inception in 1993, and was the first Western investor to raise, invest and successfully liquidate twelve funds in Russia and Eastern Europe. Its two most recent funds dedicated to the region, NCH Agribusiness Partners and NCH New Europe Property Fund II, were launched in the autumn of 2007 and the summer of 2008, respectively. NCH Agribusiness Partners invests in farmland and agribusiness-related activities. NCH New Europe Property Fund II invests in real estate and related assetsNCH has launched 21 funds since its inception in 1993, and was the first Western investor to raise, invest and successfully liquidate twelve funds in Russia and Eastern Europe. Its two most recent funds dedicated to the region, NCH Agribusiness Partners and NCH New Europe Property Fund II, were launched in the autumn of 2007 and the summer of 2008, respectively. NCH Agribusiness Partners invests in farmland and agribusiness-related activities. NCH New Europe Property Fund II invests in real estate and related assetsNCH has launched 21 funds since its inception in 1993, and was the first Western investor to raise, invest and successfully liquidate twelve funds in Russia and Eastern Europe. Its two most recent funds dedicated to the region, NCH Agribusiness Partners and NCH New Europe Property Fund II, were launched in the autumn of 2007 and the summer of 2008, respectively. NCH Agribusiness Partners invests in farmland and agribusiness-related activities. NCH New Europe Property Fund II invests in real estate and related assets



Estonia, Latvia, Lithuania




Bulgaria, SEE N/A

Regions of investment

WEB SITE Adress Tel

http://www.baltcap.com

www.nchadvisors.com

NCH Advisors Inc., 67-B Hose de San Martin Str., 1111 Sofia,

Bulgaria

www.nchadvisors.com

NCH Advisors Inc., Wilmington-Sucursala Bucuresti, Bd. Pierre de Coubertin, nr.3-5, Office Center, Sector 2, Bucharest, Romania

021902

www.nchadvisors.com

NCH Advisors Inc.Baznicas 20/22

Riga, Latvia LV-1010

http://www.sortis.bg/index_en.html1505, Sofia, Bulgaria, 49 "Madrid" Blvd., floor 1

(+359) 2 943-90-70

http://www.baltcap.com/





Fax E-mail

(+359) 2 943-90-71

[email protected]

[email protected]

[email protected]




investment and vc funds acting in see region

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