An affiliate of Cerberus Capital Management, L.P. (“Cerberus”) has signed a preliminary agreement to acquire 100% of the shares of VeloBank S.A (the “Bank” or “VeloBank”). Cerberus has offered a total consideration of PLN 1,075 million for VeloBank shares, comprised of PLN 375 million acquisition price and PLN 700 million recapitalization to meet the Bank’s

Information on preliminary agreement to sell shares of VeloBank S.A.Read more …

Organizing Committee of the BFG Conference “Crisis management in the financial system – stairway to heaven or highway to hell?” informs that the Fund has decided to postpone the conference date. The exact date will be announced at a later date.

Due to the factors beyond our control, in the Fund’s opinion, it was not possible

BFG Conference “Crisis management in the financial system – stairway to heaven or highway to hell?” – UPDATERead more …