CEE - Carlyle spinout Resource Partners attracts soft commitments
Resource Partners, the CEE private equity team spawned by Carlyle Group's attempt to set up shop in the region, is believed to be nearing a first close for its EUR 200m debut fund.
EBRD, CEE's largest limited partner, may provide up to EUR 25m as a cornerstone investor of Resource Eastern European Equity Partners I. Rabobank is also thought to commit as a cornerstone investor in the first close. EBRD will hold a board meeting on 8 September to determine whether or not to proceed, and may commit additional funding after the initial close.
The fund will focus on consumer goods, including the food and agribusiness sector in Poland, corresponding to at least 60% of the portfolio. The remainder will be invested across a range of sectors.
Ryszard Wojtkowski will manage the fund and is based in Warsaw.
Resource Partners acquires majority stakes in iaBilet and BestMusic
Resource Partners announces the acquisition of an 82.5% stake in iaBilet, Romania’s leading online ticketing platform, and a 55% stake in BestMusic Concerts, a pioneering promoter of live entertainment events.
Resource Partners and Artgeist - strategic partnership
Resource Partners has entered into an investment agreement under which Artgeist Sp. z o.o., one of Europe’s leading producers and distributors of wall décor and interior design solutions, has secured a majority investor to support its product diversification strategy.