Project detail - ZUBR CAPITAL FUND I PARALLEL L.P.

ZUBR CAPITAL FUND I PARALLEL L.P.

Status: Approved investment
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In case of questions

In case of questions, please contact us at disclosure@fmo.nl

Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

Zubr Capital Fund I is the first Belarus-focused institutional private equity fund managed by an experienced, locally based team of investment professionals, which will support domestic small and medium-sized enterprises (SMEs).

What is our funding objective?

Zubr Capital Fund I has been set up to invest in fast-growing, export-oriented companies that leverage Belarus’s cost competitive platform to generate global revenues primarily in IT, consumer and light manufacturing. It will provide them with growth financing that often remains unavailable otherwise in the country. It will also equip domestic businesses with modern financial skills and techniques needed to successfully compete domestically and on international markets.

Why do we fund this investment?

The intended investment would support the core strategy of FMO, by deploying capital in the “Circle around Europe”. In addition, the Fund invests in a country that shows low PE penetration, which means that FMO would be additional by mobilizing more capital in the region.

What is the Environmental and Social categorization rationale?

The target and pipeline of Zubr Capital Fund I mainly consist of low-medium Environmental & Social risk activities. FMO and the Fund will further develop their E&S management system. FMO’s investment code will be applied.

Region
Europe & Central Asia
Country
Belarus
Sector
Infrastructure, Manufacturing and Services
Publication date
2/28/2018
Effective date
4/25/2018
Total FMO financing
USD 15.13 MLN
Funding
FMO NV
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
B