IFC, EBRD and CRG Capital created special fund for restructuring assets.
Member of the World Bank , International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD) and the CRG Capital company have established the first fund, aiming to invest in troubled assets of Central and East European companies, Yerevan office of IFC reported.
The fund will focus on acquisition and improvement of problem assets of Central and Eastern European companies in order to improve the economic situation in the region.
Preliminary investments of IFC, EBRD and CRG Capital in the new fund will reach 36 million euros, the fund will likely to amount to 200 million euros in future.
The fund will focus on acquisition and improvement of problem assets of Central and Eastern European companies in order to improve the economic situation in the region.
Preliminary investments of IFC, EBRD and CRG Capital in the new fund will reach 36 million euros, the fund will likely to amount to 200 million euros in future.
