August 2009

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.

Buglo Play Sp z o.o. acquires Finnish company LeikkiSet Oy

Buglo Play Sp. z o.o., one of our portfolio companies, has acquired LeikkiSet Oy, a leading Finnish company specializing in playground equipment, outdoor fitness, and urban furniture. This marks another milestone for Buglo in its mission to become one of Europe’s top three playground equipment manufacturers.

RP invests in construction blocks manufacturer COBI

Resource Partners has acquired a 40% minority stake in COBI, a company renowned for its production of toy construction blocks. Founded over 35 years ago by Robert Podleś, COBI has gained international recognition for its extensive portfolio of historical construction blocks sets, attracting a large community of collectors and enthusiasts worldwide. The company has also partnered with iconic brands such as Boeing, NASA, Lockheed Martin, Top Gun, Maserati, Fiat, Opel, Citroen and Northrop Grumman.