CVI receives investor support for its fund focused on international institutional investors and strengthens its team
The Warsaw-based firm is the largest manager of private debt fund in Central and Eastern Europe (CEE). It has grown substantially to EUR 1.2 billion in assets under management and delivered stable returns to its predominantly local investor base. In light of these strong foundations, CVI started preparatory works for a Luxembourg-based fund to open the opportunity to a broader investor base, with a primary focus on institutional investors.
A major cornerstone investor from Europe is the first participant to the initiative with a substantial financial commitment.
In its new fund, CVI plans to continue with its successful strategy of providing predominantly senior secured direct lending solutions to companies in the CEE region. The EUR dominated fund will have a diversified portfolio, with a target return above 10%.
In these efforts, Arbour Partners (James Newsome) and Dr. Gabriella Kindert will support CVI to articulate the value proposition of CVI’s new fund. Gabriella will act as an Independent Senior Advisor and will focus on strategic consulting and strengthening the recognition and commercial success of the CVI brand as a prominent player in the private markets. She gained experience in setting up and successfully leading investment teams at BNP Paribas Asset Management and NN Investment Partners.
“Our ambition is to leverage further on our position as a leading private debt fund manager in CEE, diversify our investor base and be recognized for our best practices including our cutting-edge approach to ESG related risks in the region. That is why we are very pleased that Gabriella acceptedthe challenge to help our business strategy further as our advisor.” - says Rafał Lis, Managing Partner CVI.
“I am impressed by the CVI team’s professionalism and dedication. I believe CVI has a very interesting Private Debt offering in terms of relative value. The company has a strong DNA in Credit, a first mover advantage and an established brand with well-defined origination channels. I believe the market opportunitiesin CEE are favorable. After the credit crisis, the lending gap was homogenous across Europe, but in Western Europe, many new initiatives filled the gap already.”– says Gabriella Kindert, Senior Advisor CVI.
“There has been deep institutionalisation of the private debt asset class worldwide. This also includes the Central and Eastern European Union countries, where CVI is sourcing highly compelling proprietary deal flow.” – says James Newsome, Arbour Partners.Back