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All 2022 2021

CEECAT Capital completes the Final Close of CEECAT Fund II

CEECAT Capital completes the Final Close of CEECAT Fund II at €154 million

CEECAT Capital is pleased to announce that it has achieved the final close for its flagship private equity fund, CEECAT Fund II. The Fund targets growth equity investments in the small and mid-cap sector in Southeast Emerging Europe, focussing on majority buyout or minority investments with significant control rights. Key sector areas of focus of the Fund are niche manufacturing, consumer, business services, healthcare and technology and automation.

To date the Fund has committed €74 million into 6 investments in the region across four countries – Bulgaria, Romania, Serbia and Turkey. The Fund seeks to invest in companies that are primed to benefit from the strong growth in the region and growing convergence with the developed markets in Europe.

The Fund has secured commitments from global institutional investors including the European Investment Fund (EIF) and the European Bank for Reconstruction and Development (EBRD), as well as regional pension funds, family offices and endowments, and leading Western European asset allocators.

CEECAT Capital has been investing in Emerging Europe since 2005. Headquartered in Luxembourg, CEECAT has offices in London, Bucharest, Istanbul and Belgrade, offering a unique footprint within its target geography. “The closing of CEECAT II represents a significant milestone for CEECAT Capital” says Anthony Stalker, Partner and CIO. “Southeast Europe is characterized by above average growth rates, strong convergence with developed Europe and is becoming an increasingly important link in the European supply chain. Growth requires capital and we believe that the Fund will play an important role in helping achieve the potential of this region. We would like to thank all of our Limited Partners who share the same philosophy as we do and our commitment to build world class companies with a focus on social and environmental responsibility that we believe will benefit not only the corporate environment as a whole but also the local communities in which they operate.”