The second phase of the China-CEE Fund announced

The second phase of the China-CEE Fund was announced yesterday. The first closing on 22 February 2018 has secured commitments totalling USD 800 million, and a final total of USD 1 billion is targeted this year.

CEE Equity Partners Ltd, the investment advisor to the Fund, has strengthened its regional coverage with 4 new investment professionals and a new office in Prague, run by Tomas Casa.

CEE Equity Partners serves as the investment advisor to the first China-CEE Fund and has overseen 16 transactions in 5 countries in the CEE region totalling over USD 500 million.

The CEE Equity team consists of 28 investment professionals in offices in Warsaw, Budapest, Bucharest, Zagreb and now Prague.

We seek investment opportunities in the 16-country CEE region, in well-managed companies that are cash flow generative and asset backed and have growth opportunities in their sectors.  The normal equity investment range is USD 20-100 million, but could be much larger with the co-investment of our Fund II partners.

Targeted sectors include infrastructure and PPP, energy, specialised manufacturing, telecommunications, healthcare, tourism, education, and agriculture.