‘’Private Equity Forum & Awards Gala” conference for the sixth time gathered the leaders focused on the dynamically developing Polish Private Equity sector in discussions on key topics for the development of the industry. The “Private Equity Diamonds” is an integral part of a conference organized by the Executive Club from its third edition in 2012. The mechanism of this year’s “Private Equity Diamonds” competition was held in two stages. In the first stage of the competition candidates have reported on their own, they could also be recommended by a member or members of the jury – PSIK. The second stage of the competition played out on two levels – in five categories: Fund of the Year, Bank of the Year, Corporate Finance Advisor of the Year, Legal advisor of the Year, Private Equity Personality – award for lifetime achievement – winners were chosen by public vote of the PSIK members. In other categories, the winners were selected in voting members of the jury.
,,This year’s edition of the contest was exceptional. The uniqueness was expressed in a particular commitment to the environment in the idea of the competition. In the first stage of the competition we had as many as 128 applications, which was a record result,” said President of the jury, Director of the Polish Private Equity Association, Barbara Nowakowska in the speech opening ‘’Private Equity Diamonds” Gala. To the extraordinary popularity of the competition also referred Beata Radomska, a member of the jury and Chairman of the Board in Executive Club.
The results of the fourth edition of the competition ‘’Private Equity Diamonds”in 2015 were:
- The Fund of the Year: ex aequo: 1) Innova Capital and 2) Abris Capital Partners
- The Bank of the Year: mBank
- The Portfolio Company (small cap): Vivid Games
- The Portfolio Company (mid cap): home.pl
- The Portfolio Company (large cap): Work Service
- Exit of the Year: Masterlease
- The most innovative portfolio company: easyPack
- Legal advisor of the year: ex aequo: 1) CMS and 2) Weil Gotshal & Manges
- Corporate finance advisor of the year: Rothschild
- Private Equity Personality – award for lifetime achievement Krzysztof Krawczyk, Managing Partner, Innova Capital.
The conference was inaugurated by speech of Janusz Lewandowski, the Chairman of the Economic Council to the Prime Minister of the Republic of Poland. In his speech Lewandowski presented the current macroeconomic situation, which in the highest degree determines the situation in the Private Equity sector. Janusz Lewandowski drew attention to the role of risk factors affecting the development of the economy. He stressed that the main risk factors are now economic problems, as it was in 2008-2013, but the growing tension in the geopolitical sphere. Polish strategic location allows to treat our country as particularly vulnerable to the consequences of any political tensions. In the face of these risks, the role of the dynamic development of economy becomes invaluable. Drivers of this development are clear – they are all innovations.
‘’I do not recall any company which doesn’t have innovation (…). I invest in companies that have innovations, because it is obvious that they will be more competitive on the market”- said participating in a panel discussion ‘’Private Equity– an effective engine of innovation” Marek Prończuk, Managing Partner, member of the Board of Directors of Enterprise Investors Corporation and Member of the Supervisory Boards of several companies from the portfolio of Enterprise Investors (EI). Private Equity can be seen as a particularly effective engine of innovation in the economy, because it is the raison d’être for the most innovative projects. Thus said, PE drives people and companies with ideas for business, because bank financing is often unavailable at the initial stage of the development of companies. In the process of co-operation of start-ups with Private Equity takes place mutual transfer of knowledge and know-how. Funds contribute to developing companies many years of experience and capital, and start-ups give a fresh approach to business. ‘’It is important not to stop at one innovation, constantly flooding the market because of new projects’’– said Monika Żochowska, CEO and co-founder of Phenicoptere Sp. Z o.o Hydro glove and brand Demaquillage.
A full-day conference was crowned with a ‘’Private Equity Diamonds” where the most outstanding players in the PE in 2014 were awarded in 10 categories.
Sponsors of the event: mBank, DBN, PKN Orlen, KPMG, EmiTel, Gessel, Holon, Augere, Innova Capital, Kom-Eko, Norton Rose, PayU, Pekao, BESI, PIKA, MasterCard, Montagu, Promedica24. Patronat medialny nad wydarzeniem mają: Dziennik Gazeta Prawna, Warsaw Business Journal Observer, Poland Today, Polish Market, Forex Times, forexclub.pl, newsrm.tv
More information on the Forum, the awards and registration is available at: www.executive-club.com.pl
Mobile: 502 134 726
About Executive Club:
Executive Club is an organization of representatives of top management, representing the most important Polish and multinational companies. Starting from 2005, the business leaders focused around the Club are those whose activities set the direction of development of the Polish economy. The club organizes regular meetings for its members to enable them to exchange ideas and forge new business contacts. We are also a leader in organizing trade conferences, dedicated to various branches of the economy. For more information visit: www.executive-club.com.pl