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Poteza raises E67m buy-out fund to invest in Southeast Europe

12/07/2004Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityThe Slovenia-based Poteza financial group has raised E67m for a buy-out fund to invest in Southeast Europe. The Adriatic fund will target businesses in Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia, Romania, Serbia and Montenegro, and Slovenia.

The focus of the fund will be on buy-outs, restructurings and expansion deals.

Investor interest in Europe's emerging economies has been growing in recent years but has been given a positive boost this year by the accession of ten states to the European Union.

The value of funds raised for central and eastern European markets has grown significantly over the past 12 months, albeit from a very low base.

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