The European Bank for Reconstruction and Development and the Rabobank Group are launching a new private equity fund to support businesses in Poland and EU member states. Resource Eastern European Equity Partners will seek investments in companies operating in food processing, manufacturing, retail and logistics, which have received limited private equity financing in the past.
The fund will close with €51 million initially, of which the EBRD and Rabobank Group will contribute €25 million each. It is partnering with Resource Partners GP, which will contribute €1 million. The shares of EBRD and Rabobank share will be diluted when third-party financing is raised and the fund reaches its targeted €200 million.
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