Zubr Capital Fund I Completes US$50 Million Close (CEE and CIS)
Posted On: 15 Aug 2016 | Source: Zubr Capital
Belarus-focused fund manager Zubr Capital has completed a close for Zubr Capital Fund I with US$50 million in capital commitments. Development finance institution European Bank for Reconstruction and Development (EBRD) is the anchor investor of the fund and has committed US$12.5 million, an amount which may increase in the coming year. The fund will target Belarus-based companies in the IT, consumer goods and retail sectors.