NBGI Private Equity was the National Bank of Greece's European private equity and venture capital investment firm, founded in 2000.[3] The firm typically invests in a deal size between £5 million ($9.40 million) and £50 million ($94.09 million) with an equity investment between £2 million ($3.2 million) and £15 million ($24.05 million).[4] As of 2016, it funds were sold in a secondary transaction to an independent investment manager Stage Capital with funding from limited partners including Deutsche Bank Private Equity and Goldman Sachs Asset Management.
 | |
| Company type | Limited Company |
|---|---|
| Industry | Financial services |
| Founded | 2000 |
| Headquarters | London, England, United Kingdom |
Area served | Europe |
Key people | Pavlos Stellakis (CEO and chairman of the management board) |
| Products | Private equity funds, Venture capital, Growth capital, Investments |
Number of employees | 45[1] |
| Parent | National Bank of Greece[2] |
| Website | NBGIPE.com |
NBGI Private Equity's funds invest in a range of different private equity sectors including lower mid-market buy-outs, growth capital for small and medium-sized companies, venture capital for technology businesses and real estate. It has offices in London, Paris, Athens, Istanbul, Sofia and Bucharest.
The Management Board of NBGI Private Equity were: Pavlos Stellakis (Chairman and CEO); Mark Owen (Director);Stratos Chatzigiannis (Director); Omiros Millas (Investment Director in the SEE Fund); Orestis Millas (Investment Director); Yannis Voyatzis.[5]
NBGI Private Equity managed funds focusing on private equity, real estate and venture capital across a number of different geographies across Europe.
In 2015 National Bank of Greece announced it would sell NBGI.[6] In September 2016, the transaction of selling it funds to Stage Capital was completed.[7]
References edit
- ^ "NBGI Private Equity". Retrieved 26 April 2016.
- ^ National Bank of Greece: Corporate information
- ^ "NBGI Private Equity - CB Insights". www.cbinsights.com. Retrieved 12 August 2021.
- ^ NBGI Private Equity Limited - NBGI PE Company Profile. Bloomberg Businessweek Company Profile, Jul 10, 2010
- ^ "NBGI Private Equity Ltd". Bloomberg. Retrieved 22 August 2021.
- ^ "PRESS RELEASE, NBG Group: Q4.15 results highlights" (pdf). NBG Group. 15 March 2015. p. 4. Retrieved 23 March 2015.
- ^ Sutton, Sam (6 October 2016). "National Bank of Greece's PE subsidiary emerges as Stage Capital". Buyouts. Retrieved 12 August 2021.