Strategy and Objectives

The Fund is a dedicated investment vehicle for international investors wishing to pursue opportunities in Georgia, with any portfolio company requiring at least 80 per cent of its assets to be invested in the country.

The Fund has allocated capital for investments in the following sectors and industries:

Energy and Infrastructure
up to US$ 3 B
Hospitality and Real Estate
up to US$ 1 B
Agriculture and Logistics
up to US$ 0.5 B
up to US$ 1.5 B
up to US$ 0.5 B

The Fund will consider investments in both Greenfield and Brownfield projects as well as in distressed companies.

The Fund’s minimum IRR threshold for investment in projects is 17% and it intends to invest 25 – 75% of the total equity investment, with a minimum size of USD$5m.

The Fund is expected to retain its ownership interest in the Portfolio Companies for up to seven years, extendable to a maximum of nine. During that period the Fund will exit from its investments through sale of its ownership interest through any of the following routes:

  • Sale to existing  co-owners or partners of the project;
  • Sale to external third parties;
  • IPO on local and international stock exchanges.