Piunik converted its primary business operations to local production over imports and improved its ability to meet local Georgian demand for hatching eggs and day-old chicks.
As detailed by our growth metrics provided below, SEAF is constantly expanding: creating new investment vehicles, broadening our footprint around the world, increasing our capital under management, making new investments, realizing exits from older investments, and returning capital to investors from these realizations. Over the past seven years (2004-2010), we have made nearly 120 investments, realized over 50 investments, and more than quadrupled our total invested capital and total capital distributed to investors.
Our Growth Metrics
(In 2009, the European Venture Capital Association (EVCA) changed its realizations definition. Since this change, SEAF has revised our 2009 and 2010 exit numbers to comply with EVCA's new guidelines.)