Resource Partners increase assets under management and advisory to EUR293m
Resource Partners increase assets under management and advisory to €293m in its maiden fund.
Resource Partners were set up as an independent GP in 2009 by the ex-Central European team of The Carlyle Group after the global manager changed strategic priorities in the aftermath of the financial crisis. With the initial fund size of €158.1m Resource Partners have focused on investing in fast growing consumer businesses in CEE, taking majority and minority stakes within transaction range of €5-30m. They have been seeking to generate returns by supporting organic growth, product and geographic expansion, industry consolidations, financing MBOs/MBIs as well as providing succession exits to private entrepreneurs.
This focused investment strategy on mid and lower midmarket have proven to work well in the CEE region. Since inception Resource Partners have successfully invested in 6 portfolio companies and 3 add-ons deploying €80m of own funds as well as offering €40m of coinvestment opportunities to its Limited Partners.
On the back of this successful launch of independent investment activity and high quality of portfolio companies, the fund investors decided to increase their commitments. By November 2011 Resource Partners have completed a top up of its debut fund, reaching the total of €293.4m in assets under management and advisory to support the original investment strategy.
Resource Partners operate from their offices in Jersey, Warsaw and Vienna with the team of 10 investment professionals, among them Polish, Romanian and Hungarian nationals.
Tel. +48 22 579 8200
In accordance with an earlier agreement, we bought additional shares from the minority shareholders and increased our stake in Golpasz S.A. from 67 per cent to 85 per cent. We have been an investor in Golpasz S.A. since December 2015.
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