Funds under Management

Romanian American Enterprise Fund

»  RAEF was established in 1995 and was capitalized with $ 55M by the U.S. Congress, to support the development of the private sector in Romania through direct equity investments and loans
»  Since its inception in 1995, RAEF has invested more than $ 80M and attracted another $ 140M from co-investors in equity and quasi-equity transactions.
»  The investee companies have been leveraged by attracting more than $ 300M in bank debt
»  RAEF’s portfolio included a large range of private equity investments: privatizations and restructurings (Policolor, Rolast, Marmosim) , expansion capital investments into private companies (DOMO, TitanMar, Logic Telecom), joint ventures and start-ups
»  Special attention has been given to Financial Services starting 1998 (Banca Romaneasca, Banca Agricola, Motoractive, Domenia, Ralfi, CAPA Finance/Patria Credit).

Balkan Accession Fund

»  BAF is a € 110M private equity fund, designed to take advantage of investment opportunities related to the 2007 EU accession of Romania and Bulgaria but also to selectively invest in other countries in Western Balkans and Ukraine
»  BAF’ s lead investors are RAEF, EBRD, DEG, FMO, BSTDB.
»  Axxess Capital invested in companies providing consumer goods and consumer related services as well as in financial services
»  BAF portfolio includes market leaders in: retail, logistics, refrigeration, microfinance, leasing, consumer finance, equipment rental, ice cream production, IT&C. Up to now BAF has investments in Romania, Bulgaria, Moldova and Albania

Emerging Europe Accession Fund

»  Axxess Capital is currently raising its third private equity fund, EEAF. This shall be a € +150M fund focusing on traditional Axxess Capital markets (South Eastern Europe)
»  EEAF shall invest in companies with strong medium-to-long-term growth potential that can take advantage of the EU convergence plan in the region
»  The general interest is for Consumer Goods and Consumer Related Services as well as for Professional Services for Companies