NIFs to restart negotiations
"We've already had investors get in touch with us about companies in our portfolio," said one fund manager who requested anonymity. "It's interesting - sometimes they know more about the companies than we do."
Selling off shares would be very lucrative, giving fund managers early access to capital that can then be pumped back into some companies and also cover operating expenses.
The Ministry of Privatization has tried to make the search for investors easier by preparing a list of approximately 35 companies that were in advanced negotiations with investors. The list was distributed before the allocation began.
Jan Bossak, chairman of NIF No. 2's management board, said that they have six companies in their portfolio that could be hooked up with potential investors.
Among the list of companies rumored to be interested in MPP companies are General Electric - looking at the Polam-Pabianice lamp factory - and feed company Cargill, which could hook up with one or more of the program's Bacutils. Financial investors include the EBRD, the World Bank, Standard Investments International Polska (interested in buying the Railway Car Repair Factory in Szczecin). Funds like Enterprise Investors have also expressed interest.
Selling off shares would be very lucrative, giving fund managers early access to capital that can then be pumped back into some companies and also cover operating expenses.
The Ministry of Privatization has tried to make the search for investors easier by preparing a list of approximately 35 companies that were in advanced negotiations with investors. The list was distributed before the allocation began.
Jan Bossak, chairman of NIF No. 2's management board, said that they have six companies in their portfolio that could be hooked up with potential investors.
Among the list of companies rumored to be interested in MPP companies are General Electric - looking at the Polam-Pabianice lamp factory - and feed company Cargill, which could hook up with one or more of the program's Bacutils. Financial investors include the EBRD, the World Bank, Standard Investments International Polska (interested in buying the Railway Car Repair Factory in Szczecin). Funds like Enterprise Investors have also expressed interest.
