Investment approach of FMFIB towards equity and quasi-equity financing instruments within the scope of OPIC

The Managing authority of Operational Program ”Innovation and Competitiveness” 2014-2020 („OPIC“, „the Program“) authorized „Fund manager of Financial Instruments in Bulgaria“ ЕАD („FMFIB“) to structure four financial instruments for equity and quasi-equity investments. The total amount within the framework of OPIC, earmarked for such financial instruments is 150 million euro and shall be disbursed in the form of investment funds aligned with the objectives of OPIC. As part of its mandate FMFIB shall aim to select financial intermediaries with appropriate experience for managing the respective funds, as well as the subsequent monitoring of the funds and the financial intermediaries.

The aim of the attached presentation is to outline the investment approach of FMFIB towards equity and quasi-equity financing instruments within the Operational Programme Innovation and Competitiveness.

As a next step FMFIB shall publish an indicative term sheet for each respective financial instrument as a basis for further discussions and market testing.

We look forward to receiving comments from interested parties at office@fmfib.bg.

FMFIB reserves the right to organize meetings with potential financial intermediaries to further discuss any received comments or feedback with regard to published materials.