January 28, 2009

SEAF’s Trans-Balkan Romania Fund Completes Its Term with High Marks

SEAF Trans-Balkan Romania Fund LLC has exited its last investment, completing its term with excellent results. The fund, with USD 8.5 million in committed capital, invested a total of USD 7.5 million in small and medium enterprises across Romania, and achieved a gross IRR of 40% and 2.4 times the invested capital.
October 31, 2006

CEED Expands to Romania

CEED expands its reach to a third country in Southeast Europe – Romania - on October 31, 2006.
April 29, 2005

Global Finance Funds Acquire Majority in TotalSoft

The Black Sea Fund LP and Global Bulgaria & Romania Growth Fund CV acquired today a majority stake of Totalsoft SA, a leading Romanian software company.
March 30, 2005

SEAF Equity Funds Sell Interest in Romanian Supermarkets

The SEAF Trans-Balkan Romania Fund (TBRF) and the SEAF Central and Eastern European Growth Fund (GF), along with Artima's Romanian founder, Florentin Banu, and another international investor have sold the company to a large financial investor active in the region, Polish Enterprise Fund V.