Presentation by Maria Shaw-Barragan, EIB Deputy Director of Global Partners Department, on the European Investment Bank's activities outside the EU made on 17/01/2017.
Alessandro Carano is Adviser to the deputy Director General of the European Commission Directorate for Economic and Financial Affairs. He works on the Investment Plan for the Europe and the European Fund for Strategic Investment.
He was previously Managerial adviser and Head of Unit at European Investment Bank, responsible for the institutional relationship with EU Institutions and other IFIs on policies and activities outside the EU. He led the negotiations on the new EIB External Lending Mandate for the period 2014-2020, allowing up to EUR 30bn in EIB financing in support of EU external action. He contributed to the establishment of the Western Balkans Investment Framework and other blending mechanisms. He worked on the Mid Term review of EIB external mandate including support to the steering committee of wise persons chaired by M. Camdessus, and subsequent codecision procedure. He has also worked in the Projects directorate of the EIB. Previously he worked for Procter & Gamble. He holds an MBA from Vlerick management school and engineering MSc degree from Turin Politechnic University.
Alessandro Carano is Adviser to the deputy Director General of the European Commission Directorate for Economic and Financial Affairs. He works on the Investment Plan for the Europe and the European Fund for Strategic Investment.
He was previously Managerial adviser and Head of Unit at European Investment Bank, responsible for the institutional relationship with EU Institutions and other IFIs on policies and activities outside the EU. He led the negotiations on the new EIB External Lending Mandate for the period 2014-2020, allowing up to EUR 30bn in EIB financing in support of EU external action. He contributed to the establishment of the Western Balkans Investment Framework and other blending mechanisms. He worked on the Mid Term review of EIB external mandate including support to the steering committee of wise persons chaired by M. Camdessus, and subsequent codecision procedure. He has also worked in the Projects directorate of the EIB. Previously he worked for Procter & Gamble. He holds an MBA from Vlerick management school and engineering MSc degree from Turin Politechnic University.
This presentation by Clément Fourchy, EIB, was made at the OECD-Risklab-APG Workshop on pension fund regulation and long-term investment held in Amsterdam on 7 April 2014. Discussions focused on: long-term pension investment strategies under risk-based regulation; riskiness and procyclicality in pension asset allocation; and, regulatory challenges for long-term illiquid assets.
For more information, please visit:
http://www.oecd.org/daf/fin/private-pensions/OECD-APG-workshop-pension-fund-regulation-LTI.htm
The document mentions the activities of F2i - Fondi italiani per le infrastrutture - one of the largest country focused infrastrutcture funds and deals with some case studies related to the First and Second Fund. F2i (Vito Gamberale CEO) was created in 2007 by the main italian public and private financial institutions to be the main investor in italian infrastructure
BEROC is a leading academic economic think-tank in Belarus. This presentation tells about BEROC's mission and vision. It was presented at the network retreat in May 2013.
"Le Plan d'Investissement pour l'Europe ("Plan Juncker"), une initiative majeure au service de la relance et de l'innovation".
Le Plan Juncker a deux objectifs majeurs: financer de grands projets portant sur des secteurs d'avenir et des projets innovants portés par des petites et moyennes entreprises.
Un peu plus d'un an après son lancement,pierre-Emmanuel Noël fait le point sur les réalisations de projets industriels au sein de l'Union européenne, et notamment en Belgique.
Pierre-Emmanuel Noël est Senior Banker à la Banque d'investissement européenne. Il représente la BEI en Belgique pour le Plan Juncker. Il est également Maître de conférences à Sciences Po Paris et membre du Comité de soutien de Stand up for Europe.
European Private Equity & Venture Capital AssociationLucas Wyrsch
Executive Summary
Fundraising → Pages 7-26
• Overall fundraising decreased in 2012 by 43% to €23.6bn compared to 2011. This reduction was driven by lower activity of larger funds. In 2012 only 13 funds were raising more than €250m compared to 26 in 2011. Funds that raised in excess of €250m in 2012 dropped in total volume by 51% compared to 2011. In contrast, the volume raised by funds smaller than €250m reduced by only 25% in the same period.
• Pension funds and fund of funds accounted for almost half of all sources of funds with more than 20% each. Family offices & private individuals, government agencies and sovereign wealth funds follow as major sources with 10-12% each.
• Despite macroeconomic challenges, €8.6bn (40%) of funds raised came from institutional investors outside of Europe.
Investments → Pages 27-59
• The overall amount of €36.5bn invested in European companies in 2012 reduced by 19% compared to the previous year. This was due to the weak first half of 2012 coinciding with economic uncertainty in Europe. In contrast, the number of private equity backed companies remained stable at almost 5,000 European companies. Therefore, it was less capital intensive for the industry to invest in a constant number of companies in Europe. About 43% of the companies that received investment in 2012 were private equity backed for the first time.
• The total amount of venture capital invested reduced year on year by 14% to €3.2bn. The number of venture capital backed companies remained stable at about 2,900. For the first time more than 1,000 companies attracted growth investments despite a decrease in amount of 26% compared to 2011. Buyout investments reached €28bn. More than 800 companies received buyout investments similar to the level from 2011 although the investment amount reduced by 19%.
Divestments → Pages 61-72
• More than 2,000 European companies were exited, representing former equity investments of €22bn. While the number of companies remained stable the amount divested at cost decreased by 29%.
• Of all exited companies in 2012 venture capital represented almost 50% and growth 23%. Their typical exits included trade sale, sale to another private equity firm and write-off. Buyout related exits attributed 85% of equity amount divested at cost. This presents a decline of 26%. Prominent exit routes were trade sale, sale to another private equity firm and public offering.
• Initial Public Offering (IPO) levels remained very low. Only three buyout and five venture capital investments were able to take this exit route.
Presented at the Training Session on Public Private Partnerships organised by the MENA-OECD Investment Security in the Mediterranean (ISMED) Support Programme in September 2014.
This presentation by Clément Fourchy, EIB, was made at the OECD-Risklab-APG Workshop on pension fund regulation and long-term investment held in Amsterdam on 7 April 2014. Discussions focused on: long-term pension investment strategies under risk-based regulation; riskiness and procyclicality in pension asset allocation; and, regulatory challenges for long-term illiquid assets.
For more information, please visit:
http://www.oecd.org/daf/fin/private-pensions/OECD-APG-workshop-pension-fund-regulation-LTI.htm
The document mentions the activities of F2i - Fondi italiani per le infrastrutture - one of the largest country focused infrastrutcture funds and deals with some case studies related to the First and Second Fund. F2i (Vito Gamberale CEO) was created in 2007 by the main italian public and private financial institutions to be the main investor in italian infrastructure
BEROC is a leading academic economic think-tank in Belarus. This presentation tells about BEROC's mission and vision. It was presented at the network retreat in May 2013.
"Le Plan d'Investissement pour l'Europe ("Plan Juncker"), une initiative majeure au service de la relance et de l'innovation".
Le Plan Juncker a deux objectifs majeurs: financer de grands projets portant sur des secteurs d'avenir et des projets innovants portés par des petites et moyennes entreprises.
Un peu plus d'un an après son lancement,pierre-Emmanuel Noël fait le point sur les réalisations de projets industriels au sein de l'Union européenne, et notamment en Belgique.
Pierre-Emmanuel Noël est Senior Banker à la Banque d'investissement européenne. Il représente la BEI en Belgique pour le Plan Juncker. Il est également Maître de conférences à Sciences Po Paris et membre du Comité de soutien de Stand up for Europe.
European Private Equity & Venture Capital AssociationLucas Wyrsch
Executive Summary
Fundraising → Pages 7-26
• Overall fundraising decreased in 2012 by 43% to €23.6bn compared to 2011. This reduction was driven by lower activity of larger funds. In 2012 only 13 funds were raising more than €250m compared to 26 in 2011. Funds that raised in excess of €250m in 2012 dropped in total volume by 51% compared to 2011. In contrast, the volume raised by funds smaller than €250m reduced by only 25% in the same period.
• Pension funds and fund of funds accounted for almost half of all sources of funds with more than 20% each. Family offices & private individuals, government agencies and sovereign wealth funds follow as major sources with 10-12% each.
• Despite macroeconomic challenges, €8.6bn (40%) of funds raised came from institutional investors outside of Europe.
Investments → Pages 27-59
• The overall amount of €36.5bn invested in European companies in 2012 reduced by 19% compared to the previous year. This was due to the weak first half of 2012 coinciding with economic uncertainty in Europe. In contrast, the number of private equity backed companies remained stable at almost 5,000 European companies. Therefore, it was less capital intensive for the industry to invest in a constant number of companies in Europe. About 43% of the companies that received investment in 2012 were private equity backed for the first time.
• The total amount of venture capital invested reduced year on year by 14% to €3.2bn. The number of venture capital backed companies remained stable at about 2,900. For the first time more than 1,000 companies attracted growth investments despite a decrease in amount of 26% compared to 2011. Buyout investments reached €28bn. More than 800 companies received buyout investments similar to the level from 2011 although the investment amount reduced by 19%.
Divestments → Pages 61-72
• More than 2,000 European companies were exited, representing former equity investments of €22bn. While the number of companies remained stable the amount divested at cost decreased by 29%.
• Of all exited companies in 2012 venture capital represented almost 50% and growth 23%. Their typical exits included trade sale, sale to another private equity firm and write-off. Buyout related exits attributed 85% of equity amount divested at cost. This presents a decline of 26%. Prominent exit routes were trade sale, sale to another private equity firm and public offering.
• Initial Public Offering (IPO) levels remained very low. Only three buyout and five venture capital investments were able to take this exit route.
Presented at the Training Session on Public Private Partnerships organised by the MENA-OECD Investment Security in the Mediterranean (ISMED) Support Programme in September 2014.
The World Circular Economy Forum presents the world’s best circular economy solutions and gathers together the most recognised experts and decision makers in the field. The event is organised by the Finnish Innovation Fund Sitra. Read more: www.wcef2019.com
Promoting regional trade and agribusiness development in the Pacific :
2nd PACIFIC AGRIBUSINESS FORUM
"Linking the agrifood sector to the local markets for economic growth and improved food and nutrition security"
Organised by PIPSO, CTA, IFAD, SPC and SPTO
Tanoa Tusitala Hotel, Apia, Samoa, 29th August -1st September 2016
Yksi European Bioeconomy Scene -konferenssin puheista.
One of the speeches in European Bioeconomy conference.
Konferenssin ohjelma/Conference programme: https://www.bioeconomy.fi/wp-content/uploads//2019/06/EUBioScene_programme.pdf
Running a successful business is never easy, let alone in times of global
fi nancial uncertainty when investments are in short supply. The EU funded
East Invest programme helps companies and business associations in
the Eastern neighbourhood to acquire necessary skills and adopt practices
to improve their competitiveness in the EU market and beyond, says
Carmen Falkenberg Ambrosio, responsible for economic cooperation
with Eastern Partnership countries at the European Commission.
ETHICAL BANKS CONTRIBUTION TO GLOBAL PROGRESS (AND HOW TO HELP THEM)Alessandro Messina
26th OSCE Economic and Environmental Forum
Venice, 24-25 May 2018
“Promoting economic progress and security in the OSCE
area through innovation, human capital development,
and good public and corporate governance”
Session V: Strengthening good public and corporate
governance through transparency and accountability
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the what'sapp information for my personal pi vendor.
+12349014282
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the what's app number of my personal pi vendor to trade with.
+12349014282
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the what'sapp contact of my personal pi vendor
+12349014282
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
EIB's External Lending Activity
1. 17 January 2017
Luxembourg
EIB’s External Lending Activity
Maria Shaw-Barragan Lending Operations Directorate
European Investment Bank
European Investment Bank
2. 2
EIB: the bank of the European Union
European Investment Bank
Established in 1958 by the Treaty of Rome. The shareholders of
the Bank are the EU's Member States.
The largest multilateral lender and borrower in the world (Balance
sheet total of EUR 571bn in 2015).
The Bank raises its resources by borrowing on the capital markets.
It passes on its favorable borrowing terms (thanks to its AAA
rating) to its customers.
Some 440 projects are financed each year, in over 160 countries,
with a EUR 78bn in new loans signed in 2015.
The EIB's headquarters are in Luxembourg supported by 41 local
offices worldwide.
The Bank has over 2900 financial specialists, engineers, sector
economists and social and environmental experts.
The EIB is the EU's bank for long-term lending operations. The EIB's remit is to contribute towards the
integration, balanced development and economic and social cohesion of the EU Member States.
Since 1963, the EIB has also carried out operations outside the EU in support of the EU’s external
policies.
3. 3
EIB activity outside the European Union
European Investment Bank
Outside the EU, the EIB:
Operating in all EU Member States and in more than 140 countries, the EIB offers a vast
experience over a wide range of industries, enabling financing for both public sector and private
sector projects
The Bank supports projects contributing to the economic development of countries that have
signed an association or cooperation agreement with the EU
EIB lending outside the EU accounts for about 10% of its global activity (approx. EUR 8bn)
Supports:
Development of the local private sector, including
SMEs
Upgrading of socio-economic infrastructure
Tackling the effects of climate change
Regional integration
Environmental sustainability
EU Foreign Direct Investment (FDI)
Provides:
Loan
Grants
Guarantees
Equity Products
Innovative financial products
Technical Assistance
4. 4
Benchmark against different IFIs
European Investment Bank
EIB is the world’s largest multilateral lender and one of the world’s largest development banks
The EIB uses a range of mandates and instruments in different regions in order to maximize impact while preserving its
balance sheet and AAA rating
EIB is the world’s largest multilateral provider of climate finance
2015 approvals by region of different IFIs
(in USD billion)
Climate finance by IFIs: signatures in 2015
(USD bn)
5. 5
EIB’s activity outside the EU is directly contributing to the implementation of the EU’s external
policies and standards around the world
Aligned with the EU Global Strategy, the New Consensus for Development and the UN 2030
Agenda for Sustainable Development (Sustainable Development Goals).
In addition to delivery on the various mandates’ objectives, the EIB adapts to and incorporates the
EU and Member States’ priorities:
Activity Outside the EU – Goals
European Investment Bank
Migration/forced displacement,
addressing its root causes
Response to the 2030 Agenda and to the
Sustainable Development Goals
Sustainable Energy and Climate Action
Inclusive, sustainable economic growth
and job creation and support
Key development drivers, including:
agriculture, value-chains, digitalisation,
industrialisation, urban development
Women and youth as key actors in economic
growth
Private sector support and access to finance
Infrastructure as enabler for private sector
investment
Regional Integration
Combining a focus on the poorer states
(including fragile states) with innovative
partnerships with middle income countries
6. 6
EU Mandates Outside the EU
European Investment Bank
Pre-Accession
Mediterranean
East
Asia, Central Asia, Latin America (ALA)
Africa, Caribbean & Pacific (ACP)
External Lending Mandate
Cotonu Agreement
Neighborhood
7. 7
Sources of funding for operations outside the EU
European Investment Bank
• 65% FLP
guarantee for
sovereign and
political risk
• Comprehensive
guarantee by the
EU Member States
EIB Own
Resources lending
Guarantee
EIB Own
Resources lending
Investment Facility
Climate Action &
Environment Facility
Special Projects
Facility
Neighbourhood,
Pre-Accession &
EFTA Facilities
Funding source
Neighbour-
hood
Africa,
Caribbean,
Pacific
Latin
America,
Asia, RSA
Pre-
Accession /
EFTA
1. External
Lending
Mandate
3. EIB Own
Risk
Facilities
2. Cotonou
Mandate
• None: EIB off-
balance sheet
revolving fund
• None
• None
• None
8. 8
EIB activity outside the European Union (cont’d)
European Investment Bank
2016 Signatures* – EUR 74.9bn
European Union: EUR 67bn
Enlargement Countries and EFTA: EUR 2.9bn
Eastern Neighborhood: EUR 1.6bn
Mediterranean Countries: EUR 1.5bn
Asia and Latin America: EUR 984m
Africa, Caribbean and Pacific: EUR 765m
*Disclaimer: These figures are preliminary, unaudited and not yet published.
9. 9European Investment Bank
Private - public split of EIB
signatures 2014-16 (EUR m)
Over 50% of EIB lending activity outside the EU targets private sector final beneficiaries
EIB – Supporting EU objectives across the globe
EIB signatures by region and
mandate, 2014-16 (in EUR million)
10. 10European Investment Bank
Supporting local private
sector development
Developing social and
economic infrastructure
Climate action
ReM reporting – 2015 EIB activity