EMSA Capital (formerly CRG Capital) is a private equity firm specializing in investing in companies challenged by the need to effect immediate and significant change – Special Situations. This area includes turnarounds, restructurings, divestitures, situations arising from lack of liquidity and companies that are in default of obligations or have a history of recurring losses. EMSA stands for Emerging Markets Special Assets.
We take an active role in our investments in order to improve their performance for the benefit of shareholders and other stakeholders. Active in CEE since 1992, EMSA Capital – initially known as The Recovery Group or TRG, later as CRG Capital – pioneered restructuring and performance improvement in the region. Our team has more than 75 years of combined experience in special situations, of which 50 have been in Central and Eastern Europe.
EMSA Capital has partnered with Pamoja Capital (www.pamojacapital.com), a Geneva-based private investment firm that invests the capital of John H. McCall MacBain and the McCall MacBain Foundation.
EMSA Capital is currently managing the €90m CEE Special Situations Fund (after second closing). Additional capital from the next round of fundraising is expected prior to December 2013.
William Morrow strengthens the team by assuming an advisory role to the CEE Special Situation Fund.details »
Oesterreichische Entwicklungsbank AG (OeEB) which is the Development Bank of Austria, has committed a significant amount to EMSA Capital’s CEE Special Situations Fund.details »