Investors in Romania

GapMinder plans to invest and support the most disruptive and bold innovations pushing limits and creating positive impact for the community and the overall society. Our background and experience together with our common values and vision for the fund are the core of our competitive advantage. Our team is eager to create value in the region and for the region. We focus on Pre-Seed, Seed and Series A stages

Investment Advisor of private equity funds Funds under advisory contracts: Romanian-American Enterprise Fund, Balkan Accession Fund and Emerging Europe Accession Fund Most extensive investment experience in the region (+15 years presence, + €250M equity invested) Lower mid-market specialists; Deals ranging from €5M to €15M; funds invested for a 3-7 years term Largest team in SEE, comprising over 15 people, including investment professionals, finance specialists, legal advisers, and support staff. Blend of local and international perspective. Investment experience, expertise and contacts across relevant sectors and industries Full time presence in Romania and Bulgaria

Early Game Ventures (EGV) is an early-stage venture capital firm investing in startups that jumpstart new industries in the emerging markets of Europe. Their philosophy is quite straightforward: they invest at the earliest stages in companies whose founders have vested interests, are coachable and address big markets. If the opportunity is real, they prefer to be the first institutional investor in such startups. EGV is also running a concierge accelerator, taking in only 5 or 6 startups per year for a very intensive and tailor-made program.

Innova Capital is a mid-market private equity firm in Central Europe. Founded in 1994 Innova raised the first major CEE fund comprising entirely private capital. Since then Innova has invested almost € 500m, in 40 companies, across 10 countries in the region. In 2010 Innova won the CEE Fund of the Year Award presented by Unquote magazine for its fifth fund Innova/5. Innova invests in middle market Central European companies with enterprise values normally ranging from €50 to €125 million. The typical investment horizon is from three to five years, and exit by either sale to a strategic investor or via an initial public offering of shares.

Mid Europa is a buyout investor, focused on the growth markets of Central and South Eastern Europe with approximately €4.6 billion of funds raised and managed since inception.

3TS Capital Partners is a European technology focused private equity and venture capital firms. 3TS provides expansion capital and buyout funding for small and medium-sized businesses in growth sectors including technology & internet, media & communications and technology-enabled services. Investors in the current and past 3TS funds totaling over €300 million include EIF, EBRD, Cisco, OTP, Sitra, 3i and KfW among others. Its team of highly qualified experts become active business partners of the portfolio companies and deliver substantial value added beyond financing. When analyzing new investment opportunities and supporting portfolio companies, the company often augment its core team by its sector partners, various co-investors and other industry experts. 3TS is also an active member of several international industry associations and other organizations like EVCA – European Private Equity & Venture Capital Association, the International Venture Club and the Draper Venture Network.

The European Bank for Reconstruction and Development (EBRD) was established to help build a new, post-Cold War era in Central and Eastern Europe. It has since played a historic role and gained unique expertise in fostering change in the region - and beyond -, investing more than €130 billion in a total of over 5,200 projects. The EBRD is also heavily involved in providing project financing in the Middle East and Africa.

Abris Capital Partners is a private equity firm specializing in management buyouts, management buyins, acquisitions, and expansion capital investments in middle market companies. It also typically target companies through operational or strategic changes or succession situations and helping companies de-list from the stock exchange. It does not invest in gambling (but not bets), high content alcohol beverages, drugs, prostitution, speculative real estate development projects, and start-ups (except if the project is part of the development plans of an existing investee company), companies in operational distress, that need operational restructuring (have very low or do not have positive operational profit). It prefers to invest in industrial, commercial, and service businesses including infrastructure, media, commercial and consumer manufacturing, logistics/ express Delivery, FMCG, financial services, consumer finance, business services, automotive, communication equipments, telephone and telecommunication equipment, retail, environment and waste management, and energy, alternative energy sectors. The firm invests in the Central and Eastern Europe region with a focus on Poland; Bulgaria; Romania; Ukraine; and occasionally other CEE countries. The firm typically invests between €15 million ($20.09 million) and €75 million ($85.96 million), although it does consider larger investments in partnership with our institutional investors. It seeks to take a majority stake. It has a typical investment period of three and five years and exits its investments through trade sale, initial public offering, secondary sales etc. Abris Capital Partners was founded in 2007 and is based in Warsaw, Poland with an additional office in North Yorkshire, United Kingdom; and Bucharest, Romania.

Orange Communications SA provides mobile communications services in Switzerland. Its services include ADSL and security; hi-fi ringtones, polyphonic ringtones, videos, pictures, themes, games, and fun tones; Internet and Live TV; email, mobile email, SMS, and MMS. Orange Communications also operates an online shop that offers laptops and modems, Internet subscriptions, and mobile phones. The company was founded in 1998 and is based in Renens, Switzerland.

Highlander Partners, L.P. is an investment firm founded in 2004 by Laurence E. Hirsch, former CEO and Chairman of Centex Corporation, and Michael R. Nicolais, former Co-head of the Dallas Corporate Finance office and Managing Director for Donaldson, Lufkin & Jenrette. Highlander Partners has investments in a wide range of asset categories, with a principal focus on making direct private equity and mezzanine investments in light manufacturing, basic materials, food products, business and industrial services and value-added distribution companies. Highlander Partners is headquartered in Dallas, Texas, USA, and its U.S. office, headed by Jeff L. Hull, makes private equity and mezzanine investments throughout North America. In 2008, the company opened an office in Warsaw, Poland, led by Dawid Walendowski, in order to make private equity investments throughout Central Europe. Highlander Partners has more than $600 million in capital under management, over $500 million of which is allocated to direct private equity and mezzanine investments in the United States and Central Europe.