Societe Generale Closes First Private Equity Fund In Eastern Europe, EUR 80 Million

Societe Generale Asset Management Alternative Investments closed its first private equity fund in Eastern Europe, which targets investments in expansion capital and buy out transactions. The SGAM Eastern Europe fund closed with assets under management reaching EUR80 million. "The successful

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Societe Generale Asset Management Alternative Investments closed its first private equity fund in Eastern Europe, which targets investments in expansion capital and buy-out transactions.

The SGAM Eastern Europe fund closed with assets under management reaching EUR80 million.

“The successful first closing of the SGAM Eastern Europe Fund is a major step in the development 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 European Bank for Reconstruction and Development (EBRD), along with Societe Generale, is one of the investors of reference participating in the first closing.

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