PCP attracted a diversified investor base consisting of 19 leading EU-based institutional investors. With ten investments made so far, PCP is announcing new ones in the coming months
Zagreb, April 27, 2022 – Provectus Capital Partners (PCP), an investment company focused on South-Eastern Europe, announces the final closing of its ASEF fund (Adriatic Structured Equity Fund), raising a total of EUR 94 million and emerging as the largest private equity fund in the Adria region.
Since first closing in August 2020, assets under management increased by 70 percent, or EUR 38.5 million.
PCP attracted a broad investor base to the ASEF fund, consisting of 19 leading EU-based institutional investors, including pension funds, insurance companies, leading regional and international banks, and development banks.
“I want to thank all of our investors for their support and trust. I am convinced that our investments will demonstrate that this region has a lot of potential for accelerating the growth of ambitious companies”, said Igor Čičak, CEO and Managing Partner of PCP.
PCP realized ten investments via the ASEF fund to date. The PCP investments were made 3 platforms in private healthcare, dental sector, and specialty retail, on top of which PCP made 7 add-on acquisitions to strengthen its platforms. Several new investments are in an advanced stage, with closing expected in the coming months.
PCP focuses on investments in profitable companies which require capital for further growth, investing in companies in growing sectors with solid industry consolidation potential.