The Investor Private Equity FIZ fund (the ‘Investor Private Equity Closed-End Investment Fund of Nonpublic Assets‘) is a private equity type fund managed by DI Investors. It specializes in investments:
DI Investors, as the manager of the Investor Private Equity FIZ fund, is a member of the Polish Private Equity Association (PPEA), an organization of private equity / venture capital investors.
Investor Private Equity FIZ portfolio is managed by Jakub Bartkiewicz and Michal Meller in cooperation with the Investment Committee, which also consists of the representatives of Investors TFI.
The Investor Private Equity FIZ fund leads a consortium of financial investors involved in the project, and envisions short- or medium-term involvement.
The first stage of sale has been completed for three wind farm projects owned by Masovia Windfarm. The conservative valuation approach accounts only for the portion of the sale that has been transacted, not potential sales. The sale of these projects will be successively performed over a period of 18 months, and the price is contingent on the completion of wind farm construction stages as agreed upon with buyers, which have a significant impact on the value of the transaction.
- in nonpublic companies, including by the leveraged buy out (LBO) method
- worth PLN 5-100 million (larger projects may be implemented via a consortium)
- with an average investment period of 3-5 years
DI Investors, as the manager of the Investor Private Equity FIZ fund, is a member of the Polish Private Equity Association (PPEA), an organization of private equity / venture capital investors.
Investor Private Equity FIZ portfolio is managed by Jakub Bartkiewicz and Michal Meller in cooperation with the Investment Committee, which also consists of the representatives of Investors TFI.
Jakub Bartkiewicz
President of the DI Investors Management Board. A graduate of Warsaw School of Economics (SGH), he has participated in many specialist courses and training sessions and lectured at a Warsaw School of Economics post-graduate program on company valuation. From 2000 he was Managing Director and owner of FAS Polska, an advisory company dealing with corporate finance and the management of nonpublic assets. In 2001-2003 he was vice president for financial affairs at Genesis Sp. z o.o., responsible for the capital restructuring of a group of telecommunications companies. In 1999-2001 he was Investment Director at Kouri Capital Poland Ltd., where his responsibilities included capital transactions and financial advisory services. In 1999 he spent 4 months working for Bank Handlowy in Warsaw as Director for Transactions, involved in work of the corporate finance department. In 1997-1999 he served as Consultant, then Senior Consultant at the Corporate Finance department of PricewaterhouseCoopers. In 1996-1997 he worked as an analyst for Fitch Polska (then known as the Central European Center for Rating and Analysis), and in 1995-1996 he served as a specialist at the Polish Bank Association.Michał Meller
Member of the DI Investors Management Board. A graduate of the University of Minnesota (US), he participated there in many courses on finance, accounting, and statistics. From 2004 he was Managing Director and owner of FAS Polska, an advisory company dealing with corporate finance and the management of nonpublic assets. As an independent consultant in 2001-2004, he assisted with the operational and financial restructuring of a meat processing company and jointly organized capital for a financial intermediary. Simultaneously, from 2003 he also served as Vice President for Development at Max Retail Koncept Sp z o.o., responsible for the company's developmental strategy for its expanding discount retail chain. In 1996-2001 he worked at Bank of America Equity Partners, where he handled private equity investments in Europe. In 1994-1996 he collaborated with the CASE Foundation and the Economic Education Foundation in Warsaw on studying company bankruptcies during the economic transformation, as well as foreign investments and privatization.Piotr Dziadek
Graduated
from the Faculty of Electronics Engineering at the Warsaw University of
Technology and the Cracow University of Economics. He also participated
in the program of development and improvement of managerial skills,
organized by the Canadian Management Institute. Licensed Securities
Broker
From 2011 Vice President of the
Investors TFI and CEO of Investors Holding. In 2007-2008,
Vice-President responsible for sales and marketing in Sanplast. In
2004-2007, Chairman of the Board of Ceramika Gres. In 2002-2004
President of the Board of Navigo Consulting. In 2000-2002 Deputy
Director of Customer Service Department at BRE Asset Management. In
1999-2000, Capital Investment Expert in BIG Bank Gdansk SA. In
1996-1999, Deputy Director for Capital Investment in NFI Foksal. In
1993-1996, Investment Specialist in BOS Brokerage House.
Jarosław Niedzielewski
A graduate of Warsaw School of Economics and licensed Investment Adviser. Chief Investment Officer (CIO) and Director of Investment Department at Investors TFI. From April 1999 he was employed in Poland DWS TFI SA (currently Investors TFI SA), where since 2000 he has managed equity funds. From September 2005, he served as Head of Equity Section, as from January 2008, he was Chief Investment Officer (CIO). Since early 1998 he was employed at ABB SA TFP as a fund manager. Since 1997, an analyst at Fidelia TFP.Emil Łobodziński
PhD, Investment Advisor of DI Investors. A graduate of Wrocław University of Economics, currently engaged in PhD studies. A licensed investment advisor and a pending Chartered Financial Analyst (CFA) charter. From 2006 also employed at Investors TFI.
Energosynergia Technologie, investment capital (2012 r.)
EnergoSynergia Technologies (EST) is an investment vehicle investing in private, unlisted companies. One of the major portfolio companies is Ponar Silesia Group PSG). PSG was set up to provide complete customer service both in the scope of hydraulic components, spare parts, repairs and complex supply of hydraulic systems. The Group consists of two companies: Ponar Wadowice - a manufacturer of power hydraulic components known abroad and on domestic market for many years and Ponar Silesia - a newly established company, dynamically developing manufacturer and supplier of hydraulic systems. WB Electronics, PRE-IPO (2011)
WB
Electronics S.A. is a leading system integrator and supplier of
specialized electronics and communications equipment for Command &
Control applications in Land Forces. The company main areas of activity
are software development, systems design, integration, manufacturing of
computers, terminals, communication systems and service of the deployed
systems and equipment.
Company's website: www.wb.com.pl CB, capital for development (2008)
CB
manufactures and distributes specialized construction materials used in
new buildings and in insulation/renovation work on existing
constructions. The company has been in business since 1995 and sells
products under three brand names: Corotop roof membranes, Rednet
fiberglass mesh for reinforcing surfaces covered in plaster, and Secco
chemical products for hydroinsulation.
CB has the following subsidiaries:
Globau dealing with the manufacturing (casting) of membranes, a German
construction mesh factory Asglatex (its acquisition was performed with
the help of the Investor Private Equity FIZ fund), and the German
company Kiosk Rednet, primarily an online distributor of Rednet meshes.
The owners' objective is to raise the
company's value through organic growth and acquisitions, and ultimately
to withdraw from the investment by selling to the trade investor or
taking the company public.
Company's website: www.cb.com.pl
Rubra, financial restructuring (2011)
Rubra is a special purpose vehicle established to restructure the Grupa Gwarant, one
of Polands largest manufacturers of castings used in the
manufacturing, mining and automotive industry, steel construction and
industrial installation and fittings. In 2008 Grupa Gwarant experienced
financial problems due to open positions in currency options.
Consequently the Company lost liquidity due to payments of 133 million
PLN in years 2008-2011.
Investor Private Equity FIZ is a member of the consortium that purchased for PLN 100 million the indebtedness of the Group Guarantor to banks with a face value of PLN 180 million. Financial restructuring is intended to allow recovery of the Group's market position and improving financial results.
Stone Master, financial investment (2010)
A
leading manufacturer of decorative and facade stone in Poland. In
operation since 1995, the firm is now headquartered and has its
production facility in Andrespol near the city of Łódź. It offers
exterior facade stone, interior decorative stone, finishing &
decorative elements, fireplace housings, and chemical products for use
in construction.
The company does business with clients
in Poland, most EU countries, the United States and Belarus. Its
distributors in Poland include the country's largest building-materials
store chains - Leroy Merlin, OBI, Praktiker, Royal Hurt, Merkury Market,
Bricoman - as well as many local chains.
Company's website: www.stonemaster.com.pl
ERG-System, restructuring (2009)
As
the manufacturer and distributor of plastic crates for transporting
goods, ERG System operates on a market that is affected by the market
climate only to a limited degree. The company's indirect privatization
(its previous owner having been a state-owned company) led to its
purchase in 2009 by a consortium of trade/financial investors including
the Investor Private Equity FIZ fund. The transaction was carried out by
DI Investors.
Currently the company is going through a
process of optimizing its production, with the assistance of its trade
investor. Its non-production assets are of considerable value, and so a
real estate project to sell off part of these assets has been launched.
Company's website: www.erg-system.pl
Grupa Nokaut, financial investment (2010)
This
price-comparison website collaborates with 2,200 online shops and has 3
million visitors per month. Aside from its flagship website, Nokaut.pl,
the company is also developing other projects, such as SklepyFirmowe.pl
(a platform for setting up one's own online shop) and Bazarek.pl (one
of the largest comprehensive shopping sites).
The shares held by the fund were purchased from an investor who had financed project start-up back in 2006.
Company's website: www.nokaut.pl
Masovia Windfarm (Windfarm Holding), seed capital (2009)
This firm, set up as a special purpose vehicle, invests in three new wind-farm projects situated in central Poland with an overall capacity of 120 MW.The Investor Private Equity FIZ fund leads a consortium of financial investors involved in the project, and envisions short- or medium-term involvement.
The first stage of sale has been completed for three wind farm projects owned by Masovia Windfarm. The conservative valuation approach accounts only for the portion of the sale that has been transacted, not potential sales. The sale of these projects will be successively performed over a period of 18 months, and the price is contingent on the completion of wind farm construction stages as agreed upon with buyers, which have a significant impact on the value of the transaction.
Gino Rossi (2011)
Gino
Rossi is one of the most recognizable and valued brands on the Polish
market, with a leading position in the medium and top shelf shoes
segment. The sales network includes 65 stores in Poland and abroad and 9
outlets.
Gino Rossi was established in June 1992
as a common undertaking of Polish and Italian shareholders. Among the
six founders was Mr. Gino Rossi, an Italian-based manufacturer, who
lent his first and last name to the Company. Since 2006 Gino Rossi S.A.
has been listed on the WSE.
Gino Rossi's offering includes high
quality leather men's and women's footwear and accessories. The company
has its own manufacturing facility in Słupsk (where the Gino Rossi
S.A. headquarters is located) and a leather goods manufacturing
facility in Elbląg.
Company's website: www.gino-rossi.com
No comments:
Post a Comment