Investment Funds

Central & Eastern European Funds

Latin American Funds
Asian Funds

CENTRAL & EASTERN EUROPEAN FUNDS

Caresbac Polska

Baltics Small Equity Fund
SEAF Macedonia
Central/Eastern European Fund
Trans-Balkan Bulgaria Fund
Trans-Balkan Romania Fund
SEAF Croatia
SEAF South Balkan Fund
Georgia Regional Development Fund




Trans-Balkan Bulgaria Fund

Headquarters: 

6, Bigla Street, Floor 1, Apt. 3
Sofia 1407, Bulgaria
Tel: (359) 2 819 4343
Fax: (359) 2 819 4344
Email: office@seaf.bg

Website: www.seaf.bg
Year Established: 2001
Fund Size:  
Investors: Trans-Balkan Fund LLC and SEAF via USAID grant
Investment Focus By Stage: Early stage and expansion of SMEs
Investment Focus by Geography: Bulgaria
Investment Size: Maximum 20 % of the Fund’s Committed Capital per Project
Director General: Gary Dodge, Dani Danailov


Selected Portfolio Companies:

 

Ecoprocess
Date of Initial SEAF Investment: December 2003
Business: Ecoprocess is a recycler of used car tires.

 

Eastern Gas Company (Gasco)
Date of Initial SEAF Investment: March 2002
Business: Headquartered in Varna, Gasco is one of the main distributors of Liquefied Petroleum Gas (LPG) in Northeast Bulgaria.
Website: www.gasco.bg (under construction)

 

Mercurius
Date of Initial SEAF Investment: August 2002
Business: Mercurius is one of the leaders in the office supplies distribution market in Bulgaria
Website: www.mercurius.bg; www.classic-on-line.com

 

FBT (Jimmy’s)
Date of Initial SEAF Investment: March 2005
Business: Jimmy’s is the biggest local ice-cream and coffee shops chain in Sofia, Bulgaria.
Website: www.jimmys.bg

 

Teletek Electronics
Date of Initial SEAF Investment: April 2001
Exit Date: July 2004
Business: Teletek produces electronics and contracts manufacturing services.
Website: www.teletk-electronics.com

In Bulgaria, SEAF operated through an earlier fund Caresbac Bulgaria, which was established in 1991, capitalized at USD 12 million. Some examples of investments made in the earlier fund include:
 

 

Darko
Date of Initial SEAF Investment: May 1995
Exit Date: June 2002
Business: Darko is a leading ice cream producer and distributor.
Website: www.darko.bg 

 

Pain D’Or
Date of Initial SEAF Investment: July 1997
Exit Date: November 2002
Business: Pain D’Or is a leading Bulgarian bakery.
Website: www.paindor.com

 

 

Ken-4
Date of Initial SEAF Investment: November 1995
Exit Date: March 2001
Business: Ken is a leading Bulgarian meat processing plant.

 

 
 

 

Investment Funds

Trans-Balkan Bulgaria Fund

Headquarters: 

22 Zlaten Rog St., Floor 8
Sofia 1407, Bulgaria
Tel: (359-2) 917 4950
Fax: (359-2) 917 4951
Email: office@seaf.bg

Website:

www.seaf.bg

Year Established:

2001

Fund Size:

 

Investors:

Trans-Balkan Fund LLC and SEAF via USAID grant

Investment Focus By Stage:

Early stage and expansion of SMEs

Investment Focus by Geography:

Bulgaria

Investment Size:

Maximum 20 % of the Fund’s Committed Capital per Project

Director General:

Magda Kowalska

Selected Portfolio Companies:

Ecoprocess
Date of Initial SEAF Investment: December 2003
Business: Ecoprocess is a recycler of used car tires.

Eastern Gas Company (Gasco)
Date of Initial SEAF Investment: March 2002
Business: Headquartered in Varna, Gasco is one of the main distributors of Liquefied Petroleum Gas (LPG) in Northeast Bulgaria.
Website: www.gasco.bg (under construction)

Mercurius
Date of Initial SEAF Investment:
August 2002
Business: Mercurius is one of the leaders in the office supplies distribution market in Bulgaria
Website: www.mercurius.bg; www.classic-on-line.com

FBT (Jimmy’s)
Date of Initial SEAF Investment: March 2005
Business: Jimmy’s is the biggest local ice-cream and coffee shops chain in Sofia, Bulgaria.
Website: www.jimmys.bg

Teletek Electronics
Date of Initial SEAF Investment:
April 2001
Exit Date: July 2004
Business: Teletek produces electronics and contracts manufacturing services.
Website: www.teletk-electronics.com


In Bulgaria, SEAF operated through an earlier fund Caresbac Bulgaria, which was established in 1991, capitalized at USD 12 million. Some examples of investments made in the earlier fund include:
 

Darko
Date of Initial SEAF Investment:
May 1995
Exit Date: June 2002
Business: Darko is a leading ice cream producer and distributor.
Website: www.darko.bg 

Pain D’Or
Date of Initial SEAF Investment:
July 1997
Exit Date: November 2002
Business: Pain D’Or is a leading Bulgarian bakery.
Website: www.paindor.com

 

Ken-4
Date of Initial SEAF Investment: November 1995
Exit Date: March 2001
Business: Ken is a leading Bulgarian meat processing plant.