EBRD wins industry award
The EBRD has won Europe's best Limited Partner of the Year award from global private equity industry publication, Private Equity International. The Bank has topped a prestigious poll to find the best investor in equity funds in Europe. The poll held by one of the leading publications in the sector, asked the industry community to vote for the standouts of the industry. "At a time when many limited partners are taking a very conservative approach to their risk profile and their geographical allocations, there is at least one large European institution that's not afraid to brave new frontiers. The European Bank for Reconstruction and Development, already the largest private equity investor in the CEE and Central Asia, has recently made its first forays in North Africa, with investments in Morocco and Tunisia. It's also ploughing ahead with its investment activity in its core markets," said Private Equity International announcing award.