The Foreign Expansion Fund
By provision of stable, long-term financing for foreign direct investments, our institution facilitates the strategic expansion and international scaling of commercial enterprises.
PFR TFI manages two specialised investment funds dedicated to financing the international expansion of Polish corporate entities: Fundusz Ekspansji Zagranicznej FIZ AN and Fundusz Ekspansji Zagranicznej 2 FIZ AN. The former concluded its active investment cycle in 2023, whereas the latter initiated operations in the same year and continues to execute cross-border capital investments in partnership with Polish enterprises.
Within the framework of Fundusz Ekspansji Zagranicznej 2 FIZ AN, we offer enduring, multi-year equity and debt financing tailored precisely to the scope of the investment and the operational requirements of our partner. The Fund is structured to finance cross-border acquisitions, the greenfield establishment of new foreign subsidiaries or the subsequent capitalisation of existing international affiliates of Polish firms. Furthermore, the Fund possesses the capacity to share the underlying commercial risk of the investment venture. The Fund operates strictly as a minority financial investor, thereby ensuring that the operational management of the enterprise remains under the absolute purview of the Polish partner.
The Fund aligns its deployment with the strategic trajectory of Polish enterprises, extending capital to jurisdictions where they identify viable commercial growth opportunities. Consequently, allocations are distributed across diversified economic sectors within both developed and emerging markets.
Eligibility for the Fund's financing is restricted to Polish enterprises possessing an established market position and a proven commercial model within their domestic jurisdiction. Within a given international project, the Fund may act either as the sole financial investor or integrate into a broader capital structure alongside commercial banking institutions and the Export Credit Insurance Corporation (KUKE). Accordingly, the Fund’s product suite serves as a highly complementary instrument to traditional commercial banking facilities.
Core Parameters of Engagement
The standard financial exposure of the Fund per individual project ranges from EUR 3 million to EUR 20 million, capped at a maximum of 50% of the aggregate investment value.
The standard tenure of the investment allocation typically spans a duration of 5 to 10 years.
Executed via equity underwritings, debt instruments or hybrid (mezzanine) structures.
The anticipated rate of return is strictly contingent upon the risk profile of the project, the host jurisdiction and the selected financial instrument.
We invite you to cultivate a deeper understanding of cross-border expansion and evaluate the strategic advantages of foreign direct investment.
Documents
Application Path
- Please initiate contact with PFR TFI via your preferred method of correspondence: e-mail, the designated digital contact form or by telephone (the relevant details are listed below).
- Submit a formal presentation of the proposed investment venture, including a comprehensive overview of the enterprise and its executive management, preliminary financial projections, the core concept of the international project and its alignment with the broader corporate strategy.
- Within a strict threshold of a few business days, the Fund’s investment team will contact you to deliberate on the specific parameters of the project and initiate the preliminary review phase.
- The dual-phase project analysis (comprising preliminary and detailed due diligence) typically spans a period of 1 to 2 months. Upon satisfactory completion, the process advances to formalisation of the terms of engagement and the acquisition of executive sanctions from the Investment Committee.
For inquiries regarding the Fund’s investment portfolio, please direct your correspondence to:
- E-Mail: [email protected]
- Digital Form: Official Contact Website | PFR TFI Services
- Telephone: 22 341 70 00