EECI still has coffers in the hat for more investment
Emerging European Capital Investors (EECI), venture capitalist's with a value of $94 million and managed by Royalton Partners (RP), still has money available for two additional projects in Poland. EECI are looking for companies who are providing services to local markets and which have experience on the market, as Royalton specializes in large projects. After pulling out from the tender for education books' publisher WSiP, it lost interest in the privatization. "We do not limit the boundary of any investment or for instance whether we carry it out on our own or with a partner," said Przemysław Bielicki, a partner in RP. He also admitted that his fund is very demanding. "We prefer to take majority stakes in companies, but if we manage to take a minority one, we also have to influence strategic decisions," said Bielicki. RP has already started the search for investors willing to enter in its new venture fund. (Puls Biznesu, p. 7) M.M.