SGAM’s Eastern Europe Fund Closes At €156M

Jun 8 2007 | 11:47am ET

SGAM Alternative Investments has been busy on the fundraising front. One month after closing a private equity fund of funds, SGAM Private Value Fund, the firm has held a final close of its SGAM Eastern Europe Fund at €156 million (US$210.3 million).

Société Générale Group and the European Bank for Reconstruction and Development, as well as a range of institutional and private investors from Europe and the Middle East, invested in the fund, according to the firm.

The fund targets significant stakes in mid-sized companies in Central and Eastern Europe offering investors “a differentiated strategy and access to a market segment, which most of the main buy-out players do not cover,” according to the firm, which added that the fund “is one of the only ones which can operate pan-regionally, with deal capabilities spanning from the Baltics to the Balkans.”

SGAM AI’s Eastern Europe team operates from offices in Warsaw and Bucharest, as well as from its headquarters in Paris. The team is part of the emerging markets group within SGAM AI Private Equity.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of