Private equity activity in central and eastern Europe (CEE) is going through a revolution. What started as strategic plays on specific economies in the region through growth-sector investments is transforming, as specialised CEE firms see new opportunities arise, a trend that could lure more big international firms to the region and ultimately raise the profile of the market place.
Still a very young market for private businesses and investments, CEE-focused private equity firms such as Mid Europa Partners and East Capital started their funds to get exposure to a market that was new and expected to grow.