A €10 million equity investment into PE startup Eurasia Capital Partners Limited has received concept approval by the European Bank for Reconstruction and Development, which is set to take up final review in early December. The EBRD’s proposal calls for the bank investing €10 million or 20% of the new fund’s aggregate size, whichever is less.
If final approval is given, Eurasia Capital and any future portfolio companies will be expected to comply with EBRD standards for environmental impact and social responsibility.
Eurasia Capital Partners Limited (www.eurasiacp.com)
Eurasia Capital is a private equity startup with the goal of providing investment capital to small and mid-sized companies in Turkey. The firm’s initial fund, Eurasia Capital Partners L.P., will be registered as a limited partnership with a target size of €60 million at final closing.






September 30, 2009
Central & Eastern Europe, Investment, Private Equity News, Turkey