Abris Capital Partners, a Warsaw, Poland-based independent private equity fund manager which invests in Central & Eastern Europe, has promoted Paweł Gieryński to the position of Managing Partner.
Currently Chief Investment Officer (CIO) at Abris, Gieryński joined the firm as a Partner at its inception in 2007.
His promotion to Managing Partner recognizes his contribution to the growth of Abris and gives him a wider role in the strategic development and management of the firm.
Co-founded by Neil Milne and George Swirski, Abris Capital Partners is an independent private equity fund manager targeting mid-market opportunities in Central & Eastern Europe. Over the past decade, the private equity funds managed by Abris have completed more than 22 investments in Poland, Romania and elsewhere in Central and Eastern Europe.
Investments include in Poland, Siódemka (parcel delivery services), Novago (waste recycling), Masterlease (vehicle fleet management) and Alumetal (aluminium recycling), the latter two being listed on the Warsaw Stock Exchange. Elsewhwere in CEE, other businesses remaining under Abris ownership include UrgentCargus (Romania) and AAA Auto (Czech).
The promotion of Gieryński follows the conclusion in October 2017 of the most recent fundraising by Abris. The new fund – Abris Fund III – is, like previous funds, targeted at opportunities in Central & Eastern Europe and secured commitments of over €500 million from a wide range of international investors.
FinSMEs
13/01/2018