Resource Partners plans to close the entire third fund, worth EUR 200 million, in the second half of this year and hopes that more than half of the funds will be allocated to investments in the consumer industry in Poland, Małgorzata Bobrowska, the company’s co-founder and managing partner, informed in an interview with ISBnews.
“Last year we closed the first fund with a target value of EUR 200 million. We plan to close the entire fund in the second half of this year. More than half of the funds will be allocated to Poland,” Bobrowska said in an interview with ISBnews on the sidelines of the “LSE SU Polish Economic Forum 2023” in London. The ISBnews agency was the media patron of the Forum.
On June 30, 2022, Resource Partners confirmed the first closing of its third fund – Resource Eastern European Partners III SCA SICAV-RAIF, with a target value of EUR 200 million. As it was then announced, the first investment of the newly created vehicle will be Deeper UAB, the world leader in the market of cast echo sounders for anglers, supported by Resource Partners from mid-2021.
“We invest in the consumer market in the entire CEE region, which is in the European Union, i.e. in all countries that are in our region and have joined the EU. But the truth is that in consumer industries, Poland is naturally the largest market. The second biggest is Romania – simply because of the number of consumers. That’s how it most often goes. Anyway, we see a lot of potential in both of these markets. Historically, we’ve had a lot of good experience in the Baltic States. And the fund already has its first investment in Lithuania. This does not mean that we do not actively monitor other markets in the region as well,” added Bobrowska.
Resource Partners was established in 2009 – the founders were key members of The Carlyle Group in Central Europe. Since then, it has obtained over EUR 400 million from leading European financial institutions for investments in medium-sized companies in Central and Eastern Europe.
The organizer of the conference “Life in Crisis. Looking into the Future” was LSE SU Polish Business Society, and its strategic partner was Bain & Company.