COLUMBUS Private Equity Fund
The fund was launched in October 2019 and its investors are EXIM and Carion Group. EXIM’s capital commitment amounts to HUF 17 billion. The fund’s mission is to help SMEs from CEE, primarily from Hungary, that have a significant growth potential expand internationally, particularly in the US and EU. The fund mostly focuses on industries that take advantage of the capabilities of the Hungarian economy and therefore have a competitive advantage when growing internationally. Main investment focus is on the following sectors: telecom, IT, ICT, tourism (including health, culinary and lifestyle tourism), healthcare, machine industry technologies, agro-innovation, renewable resources, alternative energies, energy-efficiency technologies, building industry and chemical industry. Besides equity financing, the fund also provides its portfolio companies with business services (market research, business modelling and planning, marketing strategy, legal assistance, accounting and audit consultancy, financial and controlling services) via its US-based service office.
- Fund size: HUF 24,3 billion
- Ticket size: HUF0.2 – 3.5 billion
- Fund Manager: CARION Asset Management Ltd.