Approved by the Polish Financial Supervision Authority (PFSA), the fund will target medium-sized, family-owned food businesses primarily in Poland and Romania, which together represent over 57% of the CEE population and more than 53% of the region's GDP.  

Backed by anchor investor Scandia Food Group, a major Romanian food conglomerate with 2024 revenues of €160 million, the fund is led by General Partners Andrei Ursulescu (right in picture) and Mateusz Topp (left in picture). 

The founding team brings a proven track record of 7 successful acquisitions in under 6 years, according to a LinkedIn post of the fund.