Patria Credit Shareholders

In December 2007 the Company was purchased by Romanian American Enterprise Fund ("RAEF") and Balkan Accession Fund ("BAF").

RAEF is a private equity fund established by the U.S. government to support economic development in post-communist Romania.
In Romania, RAEF built and developed a series of successful companies in various fields, especially in the field of financial services; RAEF’s portfolio includes banks (Banca Romaneasca, Banca Agricola), non-banking financial institutions (Estima Finance, Motoractive, Domenia Loan) other financial institutions (Intercapital). Moreover, RAEF has also been active in other sectors: retail and distribution (Domo), manufacturing (Policolor, etc..). The investment fund has been involved in privatization deals or consulting activities for privatization, as well as their own loaning activities.

BAF is a fund created in 2005 based on the contribution of RAEF investors, European Bank for Reconstruction and Development (EBRD), DEG, FMO, other international financial institutions. It owns a series of investments in Romania (Frigotehnica, Industrial Access, Edy Spedition, Bitdefender, Noriel) as well as in Moldova, Bulgaria, Albania.