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

ZUBR CAPITAL FUND I PARALLEL L.P.

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Who is our client

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).

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 we fund this project

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.

Environmental and social 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
Signing date
4/25/2018
Total FMO financing
USD 15.13 MLN
Fund
FMO
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