Krokus Closes €100M Polish Private Equity Fund

Jun 25 2007 | 10:39am ET

Krokus Private Equity has closed its fourth private equity fund, Nova Polonia Natexis II, with €100 million (US $134.7 million) in commitments. The fund had an original target of €75 million.

The new offering will invest €3 million to €10 million of equity in Polish companies with enterprise values of between €3 million and €30 million operating in sectors ranging from manufacturing to retail and services. To date, the fund has committed almost €13 million to two investments.

”We are delighted to announce the final close of Nova Polonia Natexis II, our fourth private equity fund but the first following our own buyout last year,” Witold Radwański, chief executive of Krokus, said. “In particular, we are happy that such a large number of investors were interested in our fund that we had to close at the hard cap and, even then, could not accommodate all the interest shown.”

Krokus was founded last year by partners Radwański, Marzena Tomecka, Robert BoCyk and Piotr Oskroba, together with Natexis Private Equity, following the partners' buyout from their former parent Polonia Financial Services.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...