Serbian Private Equity Association

* Advocating the PE & VC industry in Serbia

About SPEA…

*Founded in October 2010*Patron, Individual,

Corporate, Honorary members*Investors*Lawyers*Corporate finance

professionals*Consultants *Entrepreneurs *Professors

History…

People at SPEA

*Board of directors *Research Center*Nikola Makojevic

*Executive office*Mina Miletic*Vuk Guberinic

SPEA is about…

*Point in the right direction*Advising*Recommendations*Not a facilitator of

transactions

Serving the Industry*Raising awareness of PE in Serbia*Best practice*Education*Networking

Area of Expertise

*SPEA Events*Summer Cocktail*Access to Finance*Angel Investor

training*Glass of wine*Distressed Assets*Startup Weekend*Open to join

*Beli Dvor*Klub Privrednik*SBAN*BkVf*Kopaonik summit*PKS

PE Industry*Private Equity? Risk

capital?*Alternative form of

financing*Risk taking*Share of risk and

reward*Long term partnership

*Not a grant, not a loan*Later stage

investment*Growth oriented

investor*PE funds

Private equity in Serbia

- Since 2003- Active funds,

practitioners looking for investments

- Current case – Easier to fund bigger investments 5M or more

*SPEA Research report – Key findings

*www.SPEA.rs