"CVI wants to inject billions into the economy, supported by the exceptional growth in Polish wealth” the article in XYZ
In the article “CVI wants to inject billions into the economy, supported by the exceptional growth in Polish wealth,” Rafał Lis and Marcin Leja comment on the current stage of development of the private debt market in Central Europe and CVI’s investment plans.
- CVI has completed fundraising for its second commitment-based fund, securing EUR 262 million in commitments. By autumn 2027, the fund is expected to provide EUR 280–300 million in financing, a significant portion of which will go to Polish companies. CVI’s first commitment-based fund is close to returning the invested capital to investors in full and is expected to deliver an annual net return of nearly 12%.
- The main barriers to raising capital from Western Europe remain the relatively small scale of local funds and the geopolitical risks related to Poland’s location. For the local private debt market, wealthy individual investors, family offices and institutions managing long-term savings, including pension capital, are becoming an increasingly important investor group. An important step towards broadening the investor base in Poland is the partnership with Bank Pekao SA and the introduction, together with @Ipopema TFI, of a private debt fund to the private banking offer.
- CVI sees room for further growth through a third, even larger fund, as well as through the development of cooperation with banks, public institutions and institutional investors. The goal is not only to finance further transactions, but also to build a market that is no longer perceived as niche.
- Since 2012, CVI has completed more than 800 private debt transactions, with a total value of PLN 13.8 billion. Today, it manages PLN 4.5 billion across eight vehicles and continues to develop its investment team in Poland and the CEE region.
We invite you to read the full article by Mariusz Bartodziej, published in XYZ: