News

2005/9/6

“The Dutch launch a new investment fund on our market”

Bursa, 1st page (by Andrea Negru)

A new investment fund is interested in our capital market. SigmaBleyzer, an important manager of private equity funds in Central and Eastern Europe has opened its fourth operational fund  - “SigmaBleyzer Southeast European Fund IV (SBF IV)”- already managing EUR 51 million. The fund is analyzing investment opportunities in the region, respectively Ukraine, Bulgaria and especially Romania. The fund representatives support the idea of investing in transition economy countries.

Michael Bleyzer, president of SigmaBleyzer declared: “We wish to invest in Romania especially in sectors like pharmaceuticals, IT, retail and food”. Also, he declared that the fund will not acquire companies that require large capital injections. Mr. Bleyzer hopes that by the end of this year, or beginning of next year to close the first deal in Romania. Fund representatives wish to acquire Romanian companies in which to have a strategic investment position and correspondingly add value.

SigmaBleyzer Southeast European Fund IV has as objective to raise EUR 200 million. Since 1993, SigmaBleyzer established itself as one of the largest investors in Eastern Europe. SBF IV includes a significant number of investors from the previous, Ukrainian Growth Funds but also new investors. In 1996 SigmaBleyzer launched its first fund. Since then, UGF developed into a family of three funds. The investors in SigmaBleyzer funds are multinational institutions, family offices, as well as wealthy individuals with from Western Europe and USA.