EXIM joined the PortfoLion Regional Fund in November 2013 with a capital commitment of HUF 5 billion. In April 2019 EXIM increased its commitment to a total of HUF 5.75 billion. EXIM’s co-investor in the fund is OTP Bank.
The fund pursues investment opportunities among medium enterprises that operate mostly in Hungary, have a significant growth potential and at least 5 years business history. The fund has the possibility to obtain a majority stake, including 100%. It has no sector preference, and mainly executes growth, MBO/MBI, buy-out and restructuring transactions. The fund invests at least 50% of its capital into companies that generate at least 30% of sales revenue from exports.
The fund was established by EXIM and the Export-Import Bank of China in 2013. EXIM’s capital commitment is US$30 million. The aim of the fund is to develop the commercial relations of Central and Eastern Europe and China by providing growth equity to mid-cap companies. Sector focus: energy, telecom, infrastructure, manufacturing, finance, energy supply and agriculture. The fund’s investment period ended in 2018.
The fund was launched in February 2018 with a US$70 million capital commitment from EXIM. The other cornerstone investors are Export-Import Bank of China and Silk Road Fund. The structure and the investment strategy of the fund resembles that of the first China CEE Fund, therefore the two funds form a single investment program. Sector focus: energy, telecom, infrastructure, technologies, innovation, manufacturing, agriculture, education, healthcare, tourism, financial services.
EXIM joined the fund in April 2015 with a capital commitment of US$50 million. The fund’s lead investor is the International Finance Corporation (IFC) and the fund manager is its asset management company, IFC AMC. The fund invests in financial institutions (commercial banks, insurance companies and other financial institutions) across global emerging markets. EXIM’s aim is to expand its cooperation with IFC beyond the already existing ones, such as the Trust Fund and a joint project financing initiative under a Masters Cooperation Agreement.
The fund was established in December 2015 by EXIM and KazAgro, an agro-development holding company fully owned by the Republic of Kazakhstan. The fund’s mission is to advance the commercial and economic relations between the two countries. The capital commitment of EXIM is US$20 million. The fund executes equity, quasi equity and convertible debt investments into agriculture and food chain companies (including production, processing, storage and logistics) in Kazakhstan that operate in the growth categories of meat, dairy, grains, oilseeds, vegetables, fruits and fish. The fund’s investment period ended in 2018.
The fund was established in August 2017. EXIM is the fund’s largest investor with a capital commitment of €4.5 million. The fund invests in Hungarian, Portuguese and neighbouring countries’ SMEs with scale-up potential that develop solutions for the digital transformation of private companies and other institutions. Its mission on the one hand is to help to build a Europe on the frontline of innovation and digitalization, and on the other hand to connect the two countries. While Hungarian SMEs can use Portugal as a gateway to the Iberian Peninsula, Africa and South-.America, Portuguese companies can use Hungary as a basis to enter the CEE region, the Baltic Region and Central Asia.
EXIM, with a capital commitment of €25 million, is one of the leading investors of the fund that was established in July 2018. The fund targets early-stage companies with significant growth potential. Besides providing equity financing, the fund aims to play an active role in formulating the strategy for its portfolio companies. Investment focus is primarily on CEE companies operating in the following sectors: energy, chemical industry, retail, mobility, IoT, sustainable development, automotive industry, mechanical engineering, smart city, 3D visualization, AI.
The fund – whose cornerstone investor is EXIM with a capital commitment of HUF 56 billion – was established in April 2016 and its size was increased substantially in March 2019. In October 2019 it merged with EXIM Growth Fund.
The mission of the fund is to boost the Hungarian economy and exports, therefore it primarily invests in Hungarian companies with significant international growth potential. The fund’s equity financing helps the companies to improve their export creditworthiness. With a maximum ticket size of HUF8.5 billion prospective portfolio companies will have the opportunity not only to export products or services, but also make direct investments.
EXIM joined the fund in November 2018 with a capital commitment of €50 million. The fund’s cornerstone investors are China’s biggest commercial bank (Industrial and Commercial Bank of China) as well as leading Chinese corporations, such as Fosun Group and China Life. The fund aims to make acquisitions primarily in the infrastructure, industrial manufacturing and consumer products sectors, mainly in the CEE region. The fund intends to help the portfolio companies enter the Chinese market through its extensive Chinese business network.
The fund was launched in October 2019 and its investors are EXIM and Carion Group. EXIM’s capital commitment amounts to HUF7 billion. The fund’s mission is to help SMEs from CEE, primarily from Hungary, that have a significant growth potential expand internationally, particularly in the US. The fund mostly focuses on industries that take advantage of the capabilities of the Hungarian economy and therefore have a competitive advantage when growing internationally. Main investment focus is on the following sectors: telecom, IT, ICT, tourism (including health, culinary and lifestyle tourism), healthcare, machine industry technologies, agro-innovation, renewable resources, alternative energies and energy-efficiency technologies. Besides equity financing, the fund also provides its portfolio companies with business services (market research, business modelling and planning, marketing strategy, legal assistance, accounting and audit consultancy, financial and controlling services) via its US-based service office.