Genesis Capital Equity, a private equity firm within the Genesis Capital group, has the pleasure to announce that the position of Managing Partner is now held by Ondřej Vičar who has been working for Genesis Capital since 2007. He replaces Jan Tauber who founded Genesis Capital more than 20 years ago and developed it into one of the biggest players in the field of private equity in Central Europe. The change among management represents the conclusion of the natural succession process within the group and is also done in the context of the planned launch of a new fund – Genesis Private Equity Fund IV. The process involves a series of other promotions within the investment team.
Aside from the change in the position of company director, some changes occurred also on other positions. Martin Viliš, until now Senior Investment Director, became a new Partner of the company and fifth partner in total. Tatiana Balkovicová was promoted to the position of Senior Investment Director. Tomáš Sýkora, until now Senior Investment Analyst, became Investment Manager. Adam Ruta was promoted to the position of Senior Investment Analyst.
“Our long-term working and investment philosophy is based not only on everyday work of all people without differences, but also on the correct mix of experience, determination and talent together with stability, humbleness and respect. It is only because of this unique combination that we are a reliable partner in Central Europe for business owners, managers and our investors – well-established financial institutions – for over 20 years now. In their 20 years of existence, Genesis Funds have supported over 50 small and medium companies and joined their forces with numerous management teams. Many of these companies rose to the top in their respective fields thanks to their cooperation with us. With the scope of our activities continuing to grow, the new role means for me in particular more responsibility. Of course, looking at the current developments and risks, it is a big challenge as well,” says Ondřej Vičar, the new Managing Partner of Genesis Capital Equity.
“The change in the position of Managing Partner has been under preparation for quite some time already. Ondřej has been working for Genesis Capital for almost 13 years now. He was involved in many transactions during that time and he significantly contributed to the long-term growth and development of the entire company and its transformation into the form of a group. He has been in charge of the company´s HR development for a considerable time already, during which he managed to bring several valuable new members into the team. Therefore, we are better prepared for future growth than ever before,” says Jan Tauber who remains with Genesis Capital and will now hold the position of Chairman and Chairman of Investment Committees.
Genesis Capital are advisors to private equity funds (development capital) providing assistance to small and medium companies in Central Europe in financing of their growth and development. Since its foundation in 1999, Genesis Capital has advised five private equity funds with a total volume exceeding EUR 200 million. These funds have already supported over 50 companies and provided over CZK 3 billion for their development. It was also due to the cooperation with Genesis Capital that many of them rose to the top positions within their fields of activity.
The investor group of Genesis funds incudes mainly international and local institutions such as the European Investment Fund (EIF), Česká spořitelna (member of the Erste Group), Amundi Czech Republic (member of the international group Amundi), Kooperativa pojišťovna and Česká podnikatelská pojišťovna (both members of the Vienna Insurance Group), a Finnish fund-of-funds firm eQ Private Equity, a pension fund of an important multinational company, investment company RSJ Investments and a Czech family office SPM Capital. At present, Genesis funds have their share in the following companies: GTH multicatering, ST Security, Quinta-Analytica, HP Tronic/Datart, D2G, Sanborn, Stangl Technik Holding, CN Group, 11 Entertainment Group and Summa Linguae Technologies.
Genesis Capital Private Equity Funds are private equity funds aimed at investments into small and medium companies in the Czech Republic, Slovakia, Poland, Hungary and Austria. At present, the investment fund Genesis Private Equity Fund III (GPEF III) is open for investments within this segment with a volume exceeding EUR 80 million and average size of one investment between EUR 4 and 12 million.
Genesis Capital Growth Equity Funds represent growth equity funds focused on investments into smaller and mid-size companies primarily in the Czech Republic and Slovakia with a significant growth potential. Currently active fund, covering this investment segment, is Genesis Growth Equity Fund I (GGEF I) with the first closing size of EUR 31 million and typical size of equity investments in the range of EUR 1 – 4 million.
For more information, visit www.genesis.cz
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PR activities for Genesis Capital Group:
Kamil Chalupa, CHM Communications
email: chalupa@chmc.cz; telephone: +420 602 865 834