Societe Generale Adds Eastern Europe To Platform With Takeover Of Baring Corilius Private Equity

Societe Generale Asset Management Alternative Investments (SGAM AI) Private Equity has acquired Baring Corilius Private Equity (BCPE), a private equity funds management team focused in Central and Eastern Europe. "The acquisition of the BCPE team complements the ambition of SGAM

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Societe Generale Asset Management Alternative Investments (SGAM AI) Private Equity has acquired Baring Corilius Private Equity (BCPE), a private equity funds management team focused in Central and Eastern Europe.

“The acquisition of the BCPE team complements the ambition of SGAM AI Private Equity in emerging markets, which is one of its growth drivers for the future,” said Philippe Brosse, CEO of SGAM AI.

The merger of Societe Generale’s Central and Eastern European private equity team with that of Baring Corilius, will create one of the main private equity platforms in the region. With local offices in Poland and Romania and its base at SGAM in Paris, the new partnership will cover the Baltic countries, Central Europe and the Balkans.

BCPE was created in 2004 from the spin-out of Baring Private Equity Partners’ Central European team, which has been investing in the region since 1998. The BCPE group advises the EUR 86 million Baring Central European Fund.

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