Project Category
Banking, Finance and Insurance
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.
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