Bedminster’s SEEF II reaches $200m

Bedminster Capital Management has reached a first close on Southeast Europe Equity Fund II at $200m, which is the fund’s target size. The fund was launched in September last year and will be holding one or more further closings during the course of 2006.

SEEF II will invest in companies in Bulgaria, Romania, Turkey, Serbia, Croatia and other Southeast European markets. SEEF II’s predecessor, SEEF I, closed on $200m in 2001 and is now fully invested.