Unternehmen: Partnership Fund

JSC "Partnership Fund" is a state investment fund, which was established in 2011. The international rating agency Fitch assigned the fund a rating of "BB", which corresponds to the credit rating of Georgia. The partnership fund was founded on the basis of the consolidation of the largest state-owned enterprises in the field of transport, energy and infrastructure. The main mission of the Fund is to support investments in the Georgian economy at the initial stage through an equity contribution (co-investment of capital, subsidized loans, etc.). The activities of the "Partnership Fund" are carried out in two main areas: 1. Asset management - The total turnover of assets owned by the fund in 2018 exceeded 717 million US dollars. The fund's asset portfolio consists of strategically important enterprises: JSC "Georgian Railway" - (100%), Oil and Gas Corporation of Georgia - (100%). JSC "Georgian Railway" and "Oil and Gas Corporation of Georgia" represent the main source of investment financing for the "Partnership Fund". 2. Investment activities - at present, the Fund's portfolio contains a number of projects in various sectors of the economy, with a total value of over 2.5 billion US dollars. The fund has the right to invest only in the Georgian economy and its strategy is aimed at attracting and supporting private investors. The Fund considers it its task to support commercially attractive projects in priority sectors of the economy, with great development potential. Including in the following sectors: energy, agribusiness, industry, real estate (hospitality) and tourism, infrastructure and logistics services.