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| Bancroft Eastern Europe Fund, L.P. (Bancroft I), is a $95.3 million fund organized in 1996 to make private equity investments in Central Eastern Europe, the Baltic countries, and the Balkans. Bancroft I pursued later-stage investment opportunities in businesses having strategic value and experienced management. |
| Bancroft I considered opportunities in any industry, and had a strong interest in media, engineering, telecommunications and export-oriented manufacturing. |
| The general partner of Bancroft I is an affiliate of The Bancroft Group, L.P., an investment advisory firm doing business in Eastern Europe since 1989. The Bancroft Group, L.P., was active in privatising assets, advising governments, and representing western companies on mergers and acquisitions in Eastern Europe. |
| Bancroft I's limited partners include US financial institutions, investment partnerships, and US and European family investment companies. The Overseas Private Investment Corporation, an independent agency of the US government, supports Bancroft I with a loan guarantee. |
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