PROJECT

Projects

Summary of Investment Information

Project Number

36207

Company Name

21 CONCORDIA LP

Date SPI Disclosed

Mar 2, 2015

Country

Poland

Region

Europe

Projected Board Date

Apr 30, 2015

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2023

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Apr 30, 2015
Signed : Jun 26, 2015
Invested : Aug 4, 2015

Sector

Growth Equity Fund

Project Description

The proposed project is an IFC equity investment of up to EUR 15 million in 21 Concordia L.P. (the “Fund”), a Jersey domiciled private equity fund with a focus on mid-market investments in Poland and CEE. The Fund is targeting EUR 100 million in total commitments and expects to make 8-10 investments with average investment tickets of EUR 10 million with an expected gross IRR of 25%. The Fund will be sector agnostic. 21 Concordia L.P. is a first-time fund.                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation