3TS comes up with another 50-100m euros after exit from CMU

Autor: Ioana David 18.02.2010

Private equity company 3TS Capital Partners, which managed the investment made by 3i fund in private medical services operator Centrul Medical Unirea (Unirea Medical Centre), wants to raise a 150 million-euro fund for investments in Central and Eastern Europe.
"I think we will be investing between 50 and 100 million euros in Romania. We are considering investments in medical services, retail, financial services, the media, technology, and renewable energy," said Daniel Lynch, managing director of 3TS Capital Partners.
Over the next few weeks, 3TS will start to raise funds, with those interested in investing in this fund including the European Bank for Reconstruction and Development.
According to Mihai Sfintescu, representative of 3TS in Romania, says the typical investment from this fund will amount to 7 to 20 million euros, and the average investment will be 12-14 million euros.
3TS has recently completed the latest transaction on the private medical services market, after selling its minority stake in private clinics operator Centrul Medical Unirea.