Data & Intelligence

CEE & CIS Data Insights (Mid-Year 2020)

EMPEA Members can log in to receive exclusive access to the full detailed report (PDF) and underlying data (Excel).

Buyout-focused GPs raised USD783m for CEE & CIS in 1H 2020, becoming poised for acquisition opportunities

Private capital fund managers targeting CEE & CIS raised USD1b in 1H 2020, on par with the total for 1H 2019. Regional buyout managers raised USD783m, led by KJK Capital’s EUR221m (USD253m) final close for its third fund. In addition, Invalda INVL’s Baltic Sea Growth Fund reached a final close at EUR165m (USD185m). While PE firms with dry powder will be well-positioned to pursue deals in a new environment characterized by depressed asset prices, venture capital (VC) GPs have also continued to successfully raise funds for the undercapitalized region. VC fundraising reached USD179m in 1H 2020, below 1H 2019 but higher than any other half-year period on record. Among the most notable closings, OTB Ventures’ debut fund reached a USD100m final close in February—one of the largest VC funds raised for the region since 2015.

EMPEA represents the leading global investors in EM. I look forward to working alongside to drive much-needed capital for financing entrepreneurs and businesses worldwide.

Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

EMPEA plays an important and energetic role across the markets it represents, driving outreach and research initiatives, and promoting the role of private capital.

Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Co-Executive Chairman, The Carlyle Group

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Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

EMPEA's market and industry intelligence opens doors to new sources of capital.  I look forward to the future success of EMPEA and its members.

Torbjorn Caesar | Senior Partner, Actis

While there are certainly challenges for the industry, the opportunities abound in our target markets and globally, making a global association like EMPEA more relevant than ever.

Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company