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.
RP with the “ESG Fund of the Year - Emerging Markets” award
Resource Partners has won the “ESG Fund of the Year - Emerging Markets” award at the prestigious Private Equity Wire ESG Awards! The award ceremony took place on October 9th in New York, where Małgorzata Bobrowska, Wojciech Pociecha and Paulina Janik proudly represented our team and accepted this incredible recognition.
Resource Partners-backed Buglo acquires Elverdal
Industry leader and Poland's largest manufacturer of playgrounds, Buglo Play, has acquired an overall stake and become the sole owner of Elverdal, a Danish company specialising in tailor-made projects. This transaction is an important part of Buglo Play's international expansion strategy and the implementation of the company’s key business objectives.
